Business Loan Malaysia

Expert Guidance for Your SME Loan in Malaysia

With BlueBricks, securing the ideal SME loan in Malaysia for your business’s growth and success is streamlined and efficient. Our loan experts have extensive business financing experience, offering insightful financial strategies and tailored loan options.

What is a Business Loan in Malaysia?

A business loan in Malaysia offers financial assistance to Small and Medium Enterprises (SMEs), commonly referred to as SME finance. Its main objective is to support businesses experiencing cash flow problems or those in need of funds for expansion. In Malaysia, numerous banks provide competitive business loan packages designed to help entrepreneurs grow their businesses and enhance profitability.

When Do You Need A Business Loan in Malaysia?

Here are a few scenarious where your business might need to apply for a business loan in Malaysia:

You have an exciting business idea.

You have a business opportunity that you do not want to miss out on.

You want to expand your business.

You need to resolve your business's cash flow issues for sustainability.

Reasons Your Business Loan in Malaysia was Rejected

Banks in Malaysia require business loan applicants to prove a minimum of two years of operation (as per SSM registration) and have submitted income tax returns for the same duration. Failure to meet these criteria will result in an automatic loan rejection.

Your business loan application in Malaysia might have been rejected due to the inability to provide crucial financial documents such as an audit report, income tax returns, and the company's 6-month bank statement. These documents are essential for proving your company's financial health and salary disbursements, which are key factors in a bank's decision-making process.

The bank will access your track records, including late or overdue transactions and your monthly balance. They will use this information to assess your credit risk and determine whether you are a trustworthy borrower.

Some of us may not have credit cards or other financial commitments as we are too worried about spending. However, this does not help when it comes to a loan application. This is because the bank does not have enough information to decide if you are a good paymaster or vice versa.

How Can We Help

At Bluebricks, we are committed to providing clear, concise information and support to help you navigate your loan options in Malaysia. We offer a range of solutions, including:

Rejected Loan

Our loan experts analyse the reasons behind your rejection and work with you to enhance your chances of loan approval and clear any adverse records in CTOS/CCRIS.

Additionally, we offer guidance on optimising your salary profile, enabling you to qualify for business loans in Malaysia.

Increase Loan Amount

We assess your financial profile, providing insights on maximising your eligibility and connecting you with the right financial institutions to meet your specific needs.

Low Interest & Fast Approval

We specialise in finding low-interest loan options coupled with fast approval processes, ensuring you get the financial support you need without unnecessary delays.

Get In Touch With Our Loan Experts

Ready to explore your options? Fill out our form to discover how we can help you with your business loan in Malaysia!
Ready to explore your options? Fill out our form to discover how we can help you with your business loan in Malaysia!

Why Bluebricks?

One of the Top 10 Leading Loan Agencies in Malaysia

We act as your loan agents and represent not only individuals but also businesses. As technical financial advisors, we work with various borrowers and support you to get your loans approved. You will have access to a wide range of loans, even if banks have rejected you. Our goal is to offer advice that helps ensure your loan applications are successful and not subject to rejection.

Over 10 Years of Experience

Since 2014, we have been assisting clients in securing various types of loans, including personal, business, mortgage, and collateral loans. Our expertise extends to overcoming challenges such as CTOS/CCRIS issues, income documentation problems, and high commitment situations, offering comprehensive solutions tailored to each client's needs.

Moreover, our ten years in the field have equipped us with a deep understanding and up-to-date banking knowledge, enabling us to effectively resolve loan complications. Complex loan scenarios are our forte, ensuring we guide you towards a successful loan approval with confidence.

One-Stop Solution

We offer comprehensive loan services, acting as a one-stop solution for our clients, where we compile a variety of loan options from banks and credit houses for your consideration. All you need to do is provide us with the necessary documentation, including your income statement, assets and liabilities, employment record, and credit history. We will manage your collateral and documentation to facilitate loan approval.

Full Financing with 100% Bank Loans

We understand that financial accessibility is key, which is why we offer 100% bank loan availability. This unique opportunity is perfect if you are in need of complete financial support, providing an accessible path to your goals while also helping you build a positive credit history.

No Upfront Payment Required

We believe in easing your financial journey from the start. With our no upfront payment policy, you can embark on your investment without any initial financial strain, not only reducing your immediate burden but also reflecting our commitment to your satisfaction and trust in our services.

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Business Loan Malaysia – FAQs

Applying for a business loan in Malaysia involves careful preparation and understanding of the bank’s requirements. Here's what you can do:

  • Assess Your Needs: Clearly define why you need the loan and how much funding is required.
  • Review Your Credit Score: Ensure your personal and business credit scores are in good standing to increase your chances of approval.
  • Prepare a Detailed Business Plan: This should include your business model, market analysis, financial projections, and how you plan to use the loan.
  • Choose a Financial Institution: Research and select a financial institution that offers terms suitable to your business needs.
  • Submit Application: Complete the financial institution's application form and provide all required documentation.
  • Review and Negotiate Terms: If approved, carefully review the loan terms and negotiate if necessary.
  • Finalise Loan: Agree to the terms and sign the loan agreement.

Yes, you can explore different funding options to start your business. However, if you prefer to take control of and make decisions for your company, taking out a personal loan is a good option.

Eligibility criteria for business loans in Malaysia can vary, but generally, registered businesses with a proven track record, a clear business plan, and a stable financial history are eligible. Start-ups may need to provide additional documentation to prove their business viability.