All companies require equipment or machinery to operate their businesses. Alliance Bank understands this business need and provides a broad range of financing facilities for machineries, equipment and commercial vehicles. Equipment Financing rates offered will be fixed for the entire tenure of the facility, allowing businesses to better manage the risk of any increase in Base Lending Rate (BLR). We offer competitive rates, minimal administrative and documentation costs and fast turnaround time. By providing customers with the flexibility on financing margin, repayment period and even periodic repayments/installments, we make sure our product is tailored to your needs.

 

Key Usage
 

Acquisition of machineries, industrial equipment and commercial vehicles to meet business needs

Equipment for construction, printing, machine tooling, material handling, food and beverage, transport, plastic injection and many more industry sectors

 

Key Features
 

High margin of financing of up to 100%

Longer repayment period of up to 5 years (and 7 years for printing machines)

Competitive rates

Periodic installments

Minimal administrative and documentation costs

Fast turnaround time

LC to facilitate the import of the equipment

Minimal documentation process for loan size up to RM1.5mil

 

Eligibility Criteria
 

Business registered in Malaysia

Business turnover of at least RM500,000

Business establishment of at least 3 years

For Sole-Proprietorship, Partnership and Private Limited Companies

 

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