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UOB BizMoney SME Business Loan

Secure a SME Business Loan with no collateral required at affordable Interest Rate.

No loan-processing fee | Unsecured Business Loan up to RM1,000,0001 | Fast approval

Why BizMoney SME Business Loan?

collateral free

Collateral FREE

Only requires guarantee from shareholders or directors.

business loan interest rate

Government Guarantee Scheme by Syarikat Jaminan Pembiayaan Perniagaan Berhad (SJPP)

SJPP helps SME to gain financing access by providing guarantee coverage as an alternative collateral solution.

fast approval

FAST approval & EASY Application

Simple documentation & fast approval in just 5 working days2.

Plan your business loan

What is your desired loan amount?

Choose your loan tenure

1 year

Indicative interest rate affordable interest rate

uob bizmoney

Your calculated monthly instalment

Footnote: *Based on interest rate of 0.42% per month. The table above serves as an estimation only. Please refer to your Letter of Offer for the actual amount.

Frequently Asked Questions

Eligibility
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  • Sole Proprietors, Partnerships or Private Limited Companies
  • Minimum 3 years in business
  • Company must be registered in Malaysia and controlled by Malaysian residents / PR, with exception for Singaporeans
  • Keyman Income - latest Borang B/BE (not more than 2 years)
  • Sdn. Bhd: Form 24 / Form Under Section 78, Form 44 / Form Under Section 46(3), Form 49 / Form Under Section 58
  • Sole Proprietor & Partnership: Business Registration Certificate issued by Registrar of Companies (SSM)/ Trading License (East Malaysia only)/ Limited Liability Partnership Agreement (Limited Liability Partnership only)
  • NRIC/Passport of all Directors and Guarantors
  • 3 years Financial Reports (Audited/Management)
  • Latest 6 months Bank Statements

1 UOB BizMoney Terms and Conditions apply. All loan applications are subject to the necessary credit review and approval by United Overseas Bank (Malaysia) Bhd (Reg. No. 199301017069 (271809-K)) ("UOB") according to the UOB's credit policy and product guidelines. For full PDS, please refer to the following: ENG | BM

2 UOB will process the customer’s application for BizMoney on the next working day (working day excludes Saturday, Sunday and public holidays) upon receiving full and satisfactory documents from applicants.

UOB BizMoney SME Business Loan is offering in fixed interest rate where the interest rate does not change/fluctuate throughout the duration of the loan. A fixed rate loan is suitable for short-term loan and carries the advantage of borrower repayment are fixed that ease cash projection.

The facility type available is Term loan only.

Should you required OD/Trade financing, may explore our UOB BizSolution.

Collaterals refer to assets such as property or cash deposits that is pledged by the lender as a form of repayment security. UOB BizMoney SME Business Loan is an unsecured loan, so you do not have to pledge any collaterals to apply. Please note that a personal guarantee is required.

The key person of the company / business owners must not be less than 21 of age and not more than 65 of age upon loan application.

It is encouraged to submit up to top 3 most active bank accounts to increase the chances of approval.

Each Bank has its own criteria and procedure in assessing loan applications. The decision from other banks may not necessarily affect your application with us.

Yes, it may be.

Only one application at a time for the same business entity is allowed.

The minimum 3 years in operation is required. However if the Key person have the more than 3 years experiences in same line of business, is encourage to submit the application.

Once the application approved, our Bank officer will arrange an appointment with you for Letter Offer acceptance, all the guarantor need to execute the Join & Several Guarantee. Once the documents completed, the loan disbursement process may take up to 7 business days subject to the completeness of documents.

The funds will be disbursed to your Business Current Account opened/maintained with UOB.

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