Property-Backed Secured Financing

Property-backed secured financing is a financial solution wherein small and medium-sized enterprises (SMEs) can use their properties as collateral to secure funds. This method offers businesses a dependable method for accessing funds, enabling them to utilize their property assets to foster growth and meet financial requirements.
 

This product can offer you a financing of up to RM20 million with interest rate starting from 6% per annum.

Once you have accepted our offer, we will disburse the approved financing amount to you, with applicable fees deducted upfront from the amount.

Tenure of up to 12 months, with annual renewal subject to no adverse records.

If this is your first time with us, here is a run-through on the application process. 

Step 1: Complete the Application form on our page

Step 2: Submit all the documents required for this application

• Company Registration Forms

• Copy of all Director(s) NRIC/Passport

• Latest 6-months Company Bank Statement

• Statement of Consent

• Copy of Property Title (Individual title/Strata title)

*Note: Additional financial documents may be required for financing applications above RM500,000

Step 3: Wait for our team to reach out for financing approval confirmation

Step 4: Accept our financing offer (If you’d like)

We will credit your money into a designated business bank account and begin your repayment cycle in the next following month.

In order to be eligible for Property-Backed Secured Financing, certain criteria must be met: 

• ​Property must be located within Peninsular Malaysia (Northern, Central or Southern regions).

• Financing is not available for property purchases.

• Eligible property types, include standard built commercial properties, standard design residential properties, standard industrial building, and commercial / residential land.

• Only applicable to completed unencumbered properties (with Certificate of Fitness/ Certification of Completion for new properties).

• Both freehold and leasehold properties are accepted with a minimum remaining lease of 60 years is required at the time of application. 

If you are late in making your repayments, the following fees/charges will be imposed:

• Late Penalty Fee: RM500 per repayment cycle

• Late Interest Fee: 0.1% per day (non-compounded) on the amount in arrears

Yes. There is no early settlement fee for this product and SMEs are able to save on future interest.

Yes, legal and valuation fees can be incorporated into the loan amount, offering applicants the convenience of consolidating these costs within the Property-Backed Secured Financing package.