Small and medium size Enterprises are the main drivers of the economy of Malaysia and that of the world in general. The biggest problem facing small business owners is lack of capital to develop and expand their businesses. Many other people desire to start businesses but don’t have the financial muscle needed to do so. Even with all that, the market share held by
SMEs has grown tremendously over the years and has brought along the need for SME financing services to achieve even more growth. SME Loan application is not and has never been easy, mainly due to the high interest rates charged or the collateral requirements that many entrepreneurs are not able to meet. A large number of them have turned to government grants for their business financing needs mostly due to the fact that they come with zero interest rates. However, not everyone will get a government grant and thus have to look for other ways to finance their businesses. There are numerous licensed loan providers in Malaysia including
EasyLoanMalaysia and commercial banks which have loan packages for SMEs.
Here at EasyLoanMalaysia, we not only provide loans to start businesses but also provide business refinancing to SMEs who want to expand or to increase their working capital. Many entrepreneurs and business owners have benefited greatly from our loans which require absolutely no collateral and carry relatively low-interest rates. In fact, we have one of the lowest SME Loan interest rates in the industry.
Come talk to us for all your financing needs and you will be assured of fast loan processing of up to RM 1.5M with no security required. You can also apply for secured loans of up to RM 10M all of which carry interest rates of below 8.30% p.a.
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