Term Loan / Term Financing-i

A financing facility repaid in regular payments over a fixed period of time

Features

  • Installment / payment can be fixed on monthly / quarterly basis

  • Allows for combination of fixed and floating rates

  • For fixed rate facility, the interest rate  / profit rate is fixed throughout the tenure of the facility

     

Term Loan

 Eligibility

  • All commercial Customers

  • Must be incorporated / registered in Malaysia

  • For short-term and long-term tenures (from 1 year to maximum 20 years)

 Documentation

  • Company write-up.

  • Certified true copy of Form 24, 44 & 49 and Memorandum & Articles of Association/Constitution or a written confirmation duly signed by a director confirming that the Company does not have a Constitution

  • Certified true copy of 3 years' Audited Accounts (not more than 18 months old from the application date) and latest Management / Draft Accounts (not more than 12 months old from the application date).

  • Top 3 suppliers and buyers

  • Latest debtors and creditors ageing reports.

  • Existing bankers and banking facilities.

  • Latest 6 months’ Current Account statements with all banks.

  • Projected Profit & Loss Accounts & Cash Flow Projection for 2 years.

  • Information on net worth such as reported income, FD receipts, Borang BE etc.

  • Information on directors / shareholders / partners / prime mover's net worth.

  • Lists of completed projects, projects in-hand (inclusive of project tenure and % of completion) and projects tendered (if applicable

  • Photocopy of property title / Valuation Report / Sale & Purchase Agreement.

  • Duly completed application form / Letter of Application.

  • Any other documents required by the Bank.

 

 

Pricing

 

Attractive Interest Rate

 

* Terms and conditions apply.

 

 

Term Financing-i

 Eligibility

  • All commercial Customers

  • Must be incorporated / registered in Malaysia

  • For short-term and long-term tenures (from 1 year to maximum 20 years)

 Documentation

  • Company write-up.

  • Certified true copy of Form 24, 44 & 49 and Memorandum & Articles of Association/Constitution or a written confirmation duly signed by a director confirming that the Company does not have a Constitution

  • Certified true copy of 3 years' Audited Accounts (not more than 18 months old from the application date) and latest Management / Draft Accounts (not more than 12 months old from the application date).

  • Top 3 suppliers and buyers

  • Latest debtors and creditors ageing reports.

  • Existing bankers and banking facilities.

  • Latest 6 months’ Current Account statements with all banks.

  • Projected Profit & Loss Accounts & Cash Flow Projection for 2 years.

  • Information on net worth such as reported income, FD receipts, Borang BE etc.

  • Information on directors / shareholders / partners / prime mover's net worth.

  • Lists of completed projects, projects in-hand (inclusive of project tenure and % of completion) and projects tendered (if applicable

  • Photocopy of property title / Valuation Report / Sale & Purchase Agreement.

  • Duly completed application form / Letter of Application.

  • Any other documents required by the Bank.

 

 

 

Pricing

 

Attractive Profit Rate

 

*Terms and conditions apply.