SME Loan
SME Loans
For small and medium-sized enterprises, timely access to capital is essential for growth and opportunity. SureScore’s SME Loan service is designed to fuel your business ambitions with practical, flexible financing solutions.
We offer tailored funding options for working capital, expansion, or asset acquisition, supported by a fast and simple application process. As your strategic partner, we’re committed to helping your enterprise grow and succeed.
How do you apply
For a SME Loan online?
Step 1
Tell us about your business and funding goals.
Step 2
Complete our financial assessment to build your business profile.
Step 3
Once we understand your needs, we’ll recommend the right financing solution for your SME.
FAQs
SME Loans in Malaysia
Whether you want to expand your business, finance your SME, or launch a new venture, these SME loans can help meet your short-term financing needs. Explore our list of business loans in Malaysia to find the right fit.
Meanwhile, you can review the FAQ section beside to learn more about requirements, the application process, and other important details.
A SME loan is financing provided to a registered business for purposes such as working capital, expansion, or equipment purchases. Unlike personal loans, business loans are evaluated based on company performance, require more documentation, and often offer larger amounts with longer repayment terms.
SME loans can be used for working capital, business expansion, inventory purchases, machinery or equipment, and marketing activities.
Some government-backed loans may have specific purposes, such as technology adoption or export growth.
Most banks require your business to be registered in Malaysia, have 1–3 years of operating history, steady cash flow, and a good credit record. Eligibility may also depend on your business type (sole proprietorship, partnership, or Sdn Bhd).
Loan amounts typically range from RM50,000 to RM5 million, with tenures of 1 to 7 years, depending on the lender, loan type, and your business profile.
You can apply for a business loan online via the bank’s website, through comparison platforms like iMoney, or in person at a branch. The process typically involves completing an application form, submitting financial documents, and awaiting the bank’s credit assessment.
You’ll usually need business registration documents, directors’/owners’ NRICs, 6–12 months of bank statements, financial or audited statements, and income tax filings.
For companies, banks may also require Forms 9, 24, and 49.
Interest rates for SME loans vary by lender, loan amount, and business risk. Typical rates in Malaysia range from 4%–8% per annum, with options for fixed or variable rates.
You’ll usually need business registration documents, directors’/owners’ NRICs, 6–12 months of bank statements, financial or audited statements, and income tax filings.
For companies, banks may also require Forms 9, 24, and 49.
Yes, but requirements are stricter. Foreign-owned businesses often must be locally incorporated, may face higher collateral requirements, and need additional documentation depending on bank policies.
Yes. Programs backed by Bank Negara Malaysia, SME Bank, or Credit Guarantee Corporation (CGC) provide SMEs with affordable financing, partial guarantees, easier collateral requirements, and preferential rates.