Do you have a flourishing business, but you are facing money crunch to fund your new project? In that case, you need a business loan to expand your business. Taking a bank loan for business may be very expensive because of high rate of interest. If you are wondering how to take a business loan apart from banks, you must look for a licensed money lender. We provide business loan in KL and business loan in Selangor at highly competitive rate of interest.
You must enquire business loan interest rates before you borrow money for company expansion, capital injection, project funding, debt repayment, obtain business equipment or stock, or relocation of office. We are a licensed money lender that provides business loan according to your requirements without any strict norms of eligibility.
Benefits of taking a business loan from a licensed moneylender
You must know how business loans work in addition to what a money lending company would like to see from you.
Function
You can procure business loans to pay the wages, buy office inventory, etc. Prior to taking the loan, you must be sure how you want to use the money. This will also give you better scope of getting loan approval.
You can procure business loans to pay the wages, buy office inventory, etc. Prior to taking the loan, you must be sure how you want to use the money. This will also give you better scope of getting loan approval.
Features
You have to pay a price for the money borrowed at a particular rate of interest. The rate of interest may be fixed or variable. The loan is given for a fixed payback period against a collateral security in case you are not able to pay back the amount.
Significance
The money lending company reviews your application, history of your business, your previous debts, and the nature of risk in your business.
Considerations
If you have to take the business loan for a short period, you may even pay higher rate of interest or vice-versa.
Features:
- For all types of businesses
- Bad credit accepted
- Collateral not required
- Fast approvals within 24 hours
Documents Required:
- – I/C (front and back)
- – Form 24, Form 44, Form 49; OR Form SSM
- – 6 months bank statement ( Company ) & (Director)
- – Latest electricity and water bill
If you may be interested in other loan services, you may also check out our SME Loan, Personal Loan, Pawn Loan, Property Loan, Land Loan & Factory Loan.