Features

• Account Management Tools : Access to online banking platforms and mobile apps tailored for businesses, allowing easy management of transactions, payments, and account balances.
• Transaction Services* : Ability to perform various transactions, including deposits, withdrawals, transfer and bill payments, both electronically and through bank branches.
• Interest/Profit Earning Options : Availability of interest/profit-bearing accounts or sweep facilities to maximize idle cash balances and earn interest/profit on surplus funds.
• Online Banking Security : Robust security measures, including multi-factor authentication, encryption and fraud detection system, to protect against unauthorized access and fraudulent activities.

Eligibility

• Legal Business Entity : The business must be a legally recognized entity, such as a sole proprietorship, partnership, limited liability partnership (LLP), company (Sdn Bhd, Bhd), Professional Body (eg. Solicitor, Legal Firm, Real Estate, Property Management only), Societies, Associations and Clubs.
• Proof of Business Registration : Documentation proving the legal registration of the business with the appropriate government authorities such as SSM, ROS etc.
• Proof of Identity : Identification documents for the business owner(s) or authorized signatories such as MyKad , passport and driving license.

Benefits of Digital SME Express Financing

• Collateral-free financing of RM20,000 up to RM500,000 (new).
• Flat-rate interest rate 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.

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 financing guarantors.

Benefits from the Halal in One Programme

The Halal in One programme focuses on providing customers with end-to-end solutions for their halal journey. This includes end-to-end support for:

• Halal certification
• Access to new markets
• Customized financing options for certification costs, premise renovation, equipment hire purchase or working capital

Eligibility

Which business industries are eligible for the Halal in One Programme?
The Halal in One programme is applicable to businesses whose principal activities comply with Shariah, ensuring that they do not engage in activities deemed impermissible under Islamic law.

Features

SupportLokal is a platform for you to discover local brands and find better deals across a broad range of product categories. Moreover, it has been recognised for its good work in helping local businesses to enhance their brand visibility and reach a wider customer base.