1. Sole proprietorship, joint venture, limited liability partnership (LLP), and limited company (Sdn Bhd) that are classified by Bank Negara Malaysia as a Small and Medium Enterprise.

2. Application is also open to those who are self-employed, small businessmen, food operators and freelancers.

3. Business is established for at least 1 year or, the person in charge of the operation has at least 2 or 3 years or more of relevant business experience.

– Sole proprietorship, joint venture, limited liability partnership (LLP), and limited company (Sdn Bhd)

1. CTOS Consent Form – Company (Signatures from all Directors with Company Seal are required)
2. CTOS Consent Form – Personal (Signatures from all Directors and Shareholders are required)
3. Statutory Documents
   • SSM (Form 9) OR Section 17
   • Form 24 OR Section 51 OR Section 78
   • Form 49 OR Section 58 OR Section 14
   • Form 44 OR Section 46
   • Memorandum of Association (M&A) OR Constitution

4. Latest Annual Return (Section 68)
5. Latest six (6) months of ALL bank statements
6. Latest two (2) years of Audited Accounts
7. Latest Management Accounts
8. Latest two (2) years of Form C that have been submitted to Income Tax and Receipt (Company)
9. Latest two (2) years of Income Tax submissions and receipts of all Directors and Shareholders
10. Copies of I/C of all Directors and Shareholders
11. Name Cards of all Directors
12. Water and electricity bills of ALL Directors and Shareholders’ homes
13. Latest one (1) month of ALL bank statements of all Directors and Shareholders
14. Bank Offer Letter (Company)
15. Latest Outstanding Loan Statement from existing bank of the property
16. Title (Geran), Quit Rent (Cukai Tanah) and Assessment (Cukai Pintu)
17. Sales & Purchase Agreement (SPA)
18. Valuation report of the pledge property
19. Site Visit [Photo of the Premises (Interior and Exterior)]

– Self-employed, small businessmen, food operators and freelancers

1. Copy of Malaysian ID card
2. Business Registration Document
3. Last 6 months Bank Statements
4. Income tax statements
5. Asset (Collateral) details:

• • Leasehold or freehold
  • Property type including but not limited to terrace house, agriculture land, shop lot, factory
  • Name of the property owner
  • The market value of the property
  • Current Outstanding balance of the property
  • Address of the property
  • Property title/ Quit Rent (Cukai Tanah)

Our interest rates are capped by the Money Lenders Act 1951. The actual rates vary depending on the loan amount and profile of the borrower.