SME Loan Eligibility Checker

Find out which business loans you qualify for in 30 seconds. Free, no obligations.

Question 1 of 617% complete

Is your business registered with SSM?

SSM registration is required for most business financing in Malaysia.

Frequently Asked Questions

What are the requirements for SME loans in Malaysia?▼
Most SME loans in Malaysia require SSM registration, minimum 1-2 years of business operation, stable monthly revenue, and clean CTOS/CCRIS records. Government-backed schemes like GGSM2 may have more flexible requirements.
Can I get a business loan with bad credit in Malaysia?▼
Yes, there are alternatives for businesses with credit issues including P2P lending platforms, fintech lenders, and some government programs. These may have higher interest rates but offer more flexible approval criteria.
How much can I borrow for my SME in Malaysia?▼
SME loan amounts in Malaysia range from RM10,000 for micro loans to RM20 million for larger financing. The amount you qualify for depends on your business revenue, years of operation, and credit history.
Do I need collateral for an SME loan?▼
Not all SME loans require collateral. Government-backed schemes like GGSM2, microfinancing through TEKUN, and some P2P platforms offer unsecured financing options. Having collateral can help you qualify for larger amounts and better rates.