Business Financing

Welcome to SME Loan: Your Trusted Business Financing Solution Provider

We are committed to serving the financial needs of our diverse customer base across every major industry. We offer flexible loan solutions ranging from RM10,000 to RM1 million to support the growth and success of your business.

Why Choose SME Loan?

• Broad Loan Range: Loan amounts from RM10K to RM1 million to suit various business needs.
• Tailored Financial Solutions: Customized loans designed to meet the unique requirements of your business.
• Expert Support: Our team of financial experts provides guidance to help you secure the best loan options.
• Efficient Processing: Streamlined application process for quick and hassle-free approval.
• Competitive Rates: Attractive interest rates and flexible repayment terms.

Common Reasons for Loan Application Rejections

While we strive to assist as many businesses as possible, there are certain criteria that could lead to the rejection of a loan application:

1. Credit Issues:

   • C-TOS Problems: Poor credit history as reported by Credit Tip-Off Service.
   • C-CRIS Problems: Issues with the Central Credit Reference Information System.
   • Defaults, Restructures, Reschedules: History of loan defaults or needing previous loans to be restructured or rescheduled.

2. Repayment Ability:

   • Insufficient Repayment Capacity: Applicant does not have the financial ability to repay the loan.

3. Purpose of Loan:

   • Mismatch of Purpose: The reason for borrowing does not align with the loan facilities applied for.

4. Financial Health:

   • Unsatisfactory Financial Results: Poor financial performance or instability of the applicant.
   • High Borrowing Commitments: Existing substantial borrowings resulting in high financial commitments.

5. Account Conduct:

   • Unsatisfactory Current Account Conduct: Poor management of the applicant’s current account.
   • Poor Repayment Records: History of unsatisfactory repayment with other lenders.

6. Legal and Risk Issues:

   • Pending Legal Actions: Applicant has ongoing legal cases.
   • High Business/Industry Risk: Operating in high-risk industries or business models.

7. Commitment and Management:

   • Lack of Financial Commitment: Insufficient financial commitments from business owners.
   • Weak Management: Ineffective management or leadership within the applicant's business.
   • Bankruptcy Actions: Sole proprietors, partners, directors, shareholders, or guarantors facing bankruptcy actions.

8. Collateral Issues:

   • Inadequate Collateral: Lack of sufficient collateral to offset the higher risk taken by the lender.
   • Misuse of Existing Facilities: Existing loan facilities not utilized for the intended purposes.

Contact Us

If you are ready to take your business to the next level with a tailored financing solution or if you have any questions about our loan products, please reach out to us:

• Phone: 016-585 8249
• Website: https://www.smeloanmy.com.my/

At SME Loan, we are dedicated to providing exceptional financial solutions and support to help your business thrive. Let us help you achieve your financial goals with confidence and ease.