AmBank Group helps SMEs strengthen their businesses with fitting solutions. ntrepreneurs stand to gain much from AmBank Group’s financing programme. The bank’s financing for business working capital, special programmes for new business startups and finance purchase of land and properties of up to 148% were created with budding businessmen and women in mind. At MRCA’s monthly meeting in June 2019 at Icon Hall, Sunrider Malaysia Headquarters on Jalan Ampang, Kuala Lumpur, AmBank representative delivered a presentation on its financing programme, which helps small and medium-sized enterprises maximise the growth of their businesses with solutions that strengthen businesses, finance daily operations and pave the way forward for future growth. The programme is good for budding
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entrepreneurs because a minimum collateral or in certain cases no collateral is required when applying for financing. Unlike financing applications before, today’s product from AmBank will see simplified documents and a quick loan disbursement. AmBank provides four financing offers that cater to the many needs
Malaysia Retailer Vol 7 No 3
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4 Financing Solutions For SME Businesses
of today’s entrepreneurs. Firstly the Business Start-up Term Loan is finetuned for new business start-ups. It offers a financing tenure of up to five years and a financing limit of up to RM300,000. Meanwhile AmBank’s Term Loan has a financing tenure of up to seven years and a financing limit of up to RM1 million. Both the Business Start-up Term Loan and the Term Loan require no collateral with Credit Guarantee Corporation Malaysia Bhd (CGC) and no early settlement fee. For a longer financing tenure entrepreneurs may want to consider AmBank’s Biz Property Extra, which provides financing limit of up to RM10 million. This offers provides a financing margin of up to 148% and a full disbursement. AmBank’s Commercial Property Term Loan is a property refinance scheme with cash out loan. It offers a financing tenure of up to 20 years with a financing limit of up to RM10 million. Entrepreneurs can subscribe to a margin of financing of up to 85% plus 5% RTA/LTA, and a full disbursement. For more information, call Levin Law (019-3531331), Marcus Yap (0122378001), Allyvia Lee (012-604 9991) and Sean Sen (012-3912022).