Business Instalment Loan is Standard Chartered Bank's innovative credit facility targeted at small enterprises. With no need for collateral, it's a fast, simple and convenient way of obtaining financing for your business needs.
1. No collateral required - You don't have to pledge your assets to be eligible, only guarantee from your directors and/or shareholders is/are required.
2. Easy to apply - No need to get property valuation report or transfer money from other bank or to use FD as security.
3. Fast approval - Upon receiving full and satisfactory documentation from you, drawdown will be available within 2 weeks subject to approval conditions.
1. Loan from RM 50,000 to RM 500,000 - You choose the sum that suits your business needs.
2. Flexible repayment tenure - You can choose a period of repayment between 1 to 5 years.
Step 1
Just prepare the following document :
Sole Proprietor / Partnerships
1. Identification document of the Sole Proprietor / all Partners
2. Form A & Form D
3. 6 months' bank statement of main operating account
4. Latest Form B/BE (Income tax form) for Sole Proprietor / all Partners
5. Professional Certificate (if applicable)
Company
1. IC of directors/shareholders/guarantor
2. Board of directors' resolution
3. Memorandum & Articles of association
4. Certificate of incorporation (Form 9)
5. Form 24, 49, 44
6. 6 months' Bank statements of ALL major operating accounts
7. Latest Form B (Income tax form) of directors/shareholders /guarantors
8. Latest Audited Financial Statements
9. Personal guarantee(s) signed by director(s)/shareholder(s)
Step 2
Please visit any of our branches for any assistance.
For more information, please call SME Banking Hotline at 1300 888 111.
Terms and conditions apply.