Alliance Digital SME Express Financing
Boost Your Business, Fast.
Fast, easy access to business funds with collateral-free loans of up to RM500,000. Repayment period of up to 7 years with interest from just 5.90% p.a.*
APPLY NOW CHECK APPLICATIONAlliance Bank DOES NOT,
- Collect upfront payment/fees.
- Require payment to any agent(s)/advisor(s)/consultant(s) and/or Alliance Bank employee(s).
- Appoint 3rd party for processing of loan application.
Benefits of Digital SME Express Financing
- Collateral-free financing of RM20,000 up to RM500,000 (new).
- Flat-rate interest as low as 5.90% p.a.*
- Up to 7 years to repay.
- No Branch visits required.
- 1 document to apply online.
- No hidden fees & charges.
- Access funds within days*.
- No lock-in period.
*Terms and conditions apply.
Eligibility
- Business registered in Malaysia.
- For Sole-Proprietorship, Partnership and Private Limited Companies (Sdn Bhd).
- Annual business sales revenue of at least RM50,000.
- In business for at least 1 year.
Requirements
- Company Owner/Director/Shareholder to apply.
- Latest 6 months company bank statements*.
- 100% Malaysian owned company.
- All company shareholders/directors are required to be loan guarantors.
*Other supporting documents may be required, subject to the Bank's discretion.
Loan calculator
Estimated monthly payment
MYR
3,527.78
Results from the calculation are provided as a guide and do not constitute an offer
Apply in 3 simple steps
| 1
|
Complete information on the web-form in just few minutes! |
| 2
|
Upload company's bank statement along with NRIC. Additional documents may be requested subject to the Bank's decision. |
| 3
|
Attend a virtual interview once your application is shortlisted. |
| 4 | Accept our offer! |
FAQs about Alliance Digital SME Express 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 RM500,000
Tenure: Minimum 1 year up to 7 years
Interest Rate: Approximately between 5.90% p.a. to 13.78% 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)
Maximum financing tenure: 7 years
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.
Upon submission, you can track your application status online here. The Bank will review your application and provide a decision within 3 working days for loans up to RM300,000.
Yes, you may need to provide additional documents as and when requested by the Bank as it deems necessary for processing the application.
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