AFFINBANK SMEmerge-i Start Up Financing

Borrow Amount Max. Financing Tenure Interest Rate You Pay
RM 100,000 7 Years 14.46% p.a. RM 2,880/mth
3.5
3.5 out of 5 stars (based on 2 reviews)
Excellent50%
Very good0%
Average0%
Poor50%
Terrible0%

No Title

December 15, 2024

Had a good experience applying for the SME loan with AFFINBANK. The staff were helpful and very clear about what I needed to do, so that was a plus. Took a bit of time for approval though, which was a little frustrating. But other than that, everything else was smooth. The loan terms are fair, and the interest rate isn’t too bad. They could definitely work on speeding things up, but overall, I’m satisfied.

Avatar for Tee S.K
Tee S.K

No Title

December 15, 2024

Applied for the AFFINBANK SME loan and to be honest, I was a bit let down. The process was way too slow lah, and communication was not great. I submitted all the documents they asked for, but had to chase them up a few times for updates. Took much longer to get approval than what they told me. Really thought it would be a faster and smoother experience, but sadly, it didn’t live up to the hype. Not happy.

Avatar for Kay Liew
Kay Liew

Affin Bank SME Loan: A Financial Solution for Growing Businesses

If your business is looking for the right financing to expand or manage operations, Affin Bank’s SME Loan offers an excellent solution. With up to RM300,000 in financing and a loan tenure of up to 84 months, this loan is ideal for businesses that have been operating for at least 6 months.

Key Features of Affin Bank’s SME Loan:

  • Collateral-free financing
  • 70% guarantee coverage from Syarikat Jaminan Pembiayaan Perniagaan (SJPP)
  • Types of facilities: Term loan or Term Financing-i

Eligibility:

  • Sole Proprietorships, Partnerships, Private Limited Companies
  • Malaysian-controlled businesses
  • Minimum 6 months in operation

Requirements:

  • 6 months of bank statements

Affin Bank’s SME Loan supports your business’s growth without the hassle of collateral, making it an accessible option for Malaysian entrepreneurs. Contact Affin Bank for more details and to start your application today!