Alliance Digital SME Startup Financing

Make Your Business Idea A Reality.

Fund your startup company with funds of up to RM100,000.
Approved* on the same day.

*Terms & Conditions apply.

Same-Day Approval Minimum 6 Months Operation
APPLY NOW RESUME APPLICATION
Alliance Digital SME Startup Financing

Benefits of Digital SME Startup Financing

  • Collateral-free financing of RM20,000 up to RM100,000

    Same day approval*

    Up to 5 years to repay

    1 document to apply online

    Flat rate interest as low as 8.58%p.a.

    No Branch visits required

    No hidden fees & charges

    No lock-in period

* The loan approval in principle provided to you is a conditional offer, subject to further verification of your application and does not guarantee the disbursement of funds. Final approval is at the sole discretion of the Bank. Terms & Conditions apply.

Does your business qualify?

  • Business registered in Malaysia.
  • For Sole-Proprietorship, Partnership and Private Limited Companies (Sdn Bhd).
  • Minimum sales revenue: RM5,000 / month
  • Minimum year in business: 6 months

Loan Calculator

Alliance Digital SME Startup Financing

Financing Amount

RM 25,000
20,000 100,000

To be paid over

2 year(s)
1 year 5 years

Indicative interest

9.00 (% pa)
8.58 13.99

Estimated monthly payment

RM

1,229.17

Results from the calculation are provided as a guide and do not constitute an offer

Requirements

  • Company Owner/Director/Shareholder to apply
  • 100% Malaysians owned company
  • Latest 6 months company bank statements*
  • All company shareholders/directors are required to be loan guarantors

*Other supporting documents may be required, subject to the Bank's discretion.

Apply in 3 simple steps

1
 
Complete the application form and upload company's bank statements in just a few minutes.
2
 
Review and accept the conditional loan offer*.
3 Attend a virtual interview and receive our final loan offer!
APPLY NOW
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FAQs about Alliance Digital SME Startup Financing

Yes, it may.
Yes, it may.
Yes, it may.
Company/business with directors/shareholders/ business owners between the age of 21-65 years old are encouraged to apply.
It is encouraged to submit both bank accounts to support and increase the chances of approval.
Yes, it may.
The Bank will look at past 12 months records.
Yes, it may. Any delay in personal loan repayment by a director/shareholder/business owner may affect the loan application.
Yes, it may. Business owner’s consistent repayment of his/her credit card(s) will strengthen their chances to obtain approval.
Yes, it may have impact on obtaining new credit in light of the overall high commitment of the company/business and its director/shareholder/business owner who are guarantors.
Financing amount: Minimum RM20,000 up to RM100,000
Tenure: Minimum 1 year up to 5 years
Interest Rate: Approximately between 8.58% p.a. to 13.99% p.a. (flat rate), equivalent to rates as low as 0.49% per month. (The interest rate quoted and/or prescribed by the Bank is subject to the Bank’s right to vary the same from time to time with prior notice to you)
Stamp Duty: A flat rate of 0.5% on the loan amount or such other rate prescribed under the Stamp Act, 1949 (as amended or re-enacted from time to time). The Bank does not collect upfront or stamp study fees. These amounts will be deducted directly from your disbursed loan.
Documentation Fee: Waived.
Note: Please be aware that Alliance Bank has not appointed any third parties to act on its behalf for Alliance Digital SME loan applications. No upfront payments (such as handling fees, guarantee fees, commissions, processing fees, stamp duty, etc.) should be paid to any individual, company account, agent, advisor, consultant, or Alliance Bank employee.
All business industries are encouraged to apply. However, approval is subject to the Bank's credit assessment.
Our online platform allows SMEs to apply for a loan entirely online, from application submission to approval, to ensure the seamless and fast experience.
To apply a loan, simply visit our website at https://www.alliancebank.com.my/Business/SME/Loan-Listing and follow the steps: -
  1. Click “Apply Now” to start the application journey.
  2. Complete and submit the online application form.
To have a smooth and seamless application process, you need to have the following three (3) information ready: -
  1. Your business registration information (i.e. Business Registration Number & Full Registered Business Name).
  2. Latest 6 months bank statements of your Company account with other banks (not Alliance Bank).
  3. The Business Owner’s Original Malaysia NRIC (MyKad).
No. This online application form is applicable to all SMEs including existing Alliance Bank customers and SMEs not holding any accounts with Alliance Bank.
The application result will be ready in about 30 minutes to 1 hour. However, some cases may require additional verification and may take up to 2 business days.
You will be notified via email and SMS once your application is approved with conditional offer. The following actions required by you: -
  1. Visit our website at https://www.alliancebank.com.my/Business/SME/Loan-Listing and click “Resume Application” button
  2. Review and accept the offer with OTP
  3. Attend virtual interview with our bank officer
Note: Once you have accepted the offer, our bank officer shall contact you to arrange for virtual interview.
If your application is unsuccessful, you will be informed via email through the provided email address. You may reapply after a certain period or explore other loan products.
No. There is no upfront or processing fee charged for the application.
No. Only one application is allowed at a time for the same business entity and business owner.
Once submitted, you are not allowed to modify your application. Please review and ensure all the provided information is true and accurate before submit the application.
You will be receiving updates via email or SMS through the provided email address and mobile number in your online application form. All the email notification / reminders will be sent with sender name as “Alliance Bank Digital SME”.
If you encounter any technical issues or require assistance during the application process, you may click the icon (chat icon) at the top right to start Live Chat with our Contact Centre officer. Or you may contact our Business Banking Contact Centre at 1-300-80-3388.
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