SME Loan RM100,000 Malaysia 2026
An SME loan of RM100,000 sits at the accessible entry point for most Malaysian bank business loans. This amount is achievable without collateral for most established SMEs, and is also covered by several government microfinancing schemes. This guide compares every major lender offering RM100,000, monthly repayments at current rates, eligibility requirements, and a step-by-step application guide.
Need more than RM100,000? See our SME Loan RM200,000 Guide for the next tier up.
Which Banks Offer an SME Loan of RM100,000?
| Lender | Interest Rate | Collateral | Min. Operating History |
|---|---|---|---|
| Maybank SME Digital | From 4.5% p.a. | None required | 1 year |
| CIMB BizQuick | From 5.0% p.a. | None required | 1 year |
| RHB BizPower | From 5.5% p.a. | None required | 1 year |
| Public Bank SME | From 4.8% p.a. | None required | 2 years |
| Hong Leong SME Express | From 5.2% p.a. | None required | 1 year |
| TEKUN Niaga / SPUMI / PMKS | 4% flat p.a. | None required | Active business |
| BSN Mikro-i | 4% flat p.a. | None required | 6 months |
| Alliance Bank BizSmart | From 5.5% p.a. | None required | 1 year |
Pro Tip
At RM100,000, most banks will approve without collateral if your business has at least 12 months of bank statements showing consistent monthly revenue above RM15,000. TEKUN and BSN Mikro-i are the easiest options if your business is under 2 years old.
Eligibility Requirements for a RM100,000 SME Loan
Eligibility — RM100,000 SME Loan
- Business registered with SSM (Sole Proprietorship, Partnership, or Sdn Bhd)
- Malaysian majority ownership (51%+)
- Minimum 1 year in operation (most banks; 6 months for BSN Mikro-i)
- Monthly revenue of RM15,000–RM20,000+ (varies by bank)
- CCRIS/CTOS credit record in good standing — no active defaults
- No active bankruptcy proceedings against directors
- Valid business licence and tax compliance (where applicable)
For the full eligibility checklist, see the SME Loan Requirements Guide.
Can a New Business (Under 1 Year) Get a RM100,000 Loan?
Most banks require at least 12 months of trading history for a RM100,000 loan. If your business is under 1 year old, these alternatives are available:
- TEKUN Nasional — open from day 1 of SSM registration, up to RM100,000 at 4% flat rate. No collateral, no guarantor. See the TEKUN Loan Guide.
- BSN Mikro-i — available after just 6 months of operation, up to RM100,000 at 4% flat rate.
- Madani SME Micro Schemes — MADANI SME Loan Guide covers BSN Mikro MADANI (from RM5,000) and other government-linked options for early-stage businesses.
Pro Tip
If your business is 3–12 months old, start with TEKUN or BSN Mikro-i to build a credit track record. Once you hit 12–18 months, refinance into a bank SME term loan at lower effective rates.
Estimated Monthly Repayment — RM100,000 SME Loan
Calculated on a reducing balance basis. Actual repayments depend on the bank's quoted rate and loan structure.
| Interest Rate | 3-Year Tenure | 5-Year Tenure | 7-Year Tenure |
|---|---|---|---|
| 5% p.a. | RM2,997 | RM1,887 | RM1,413 |
| 6% p.a. | RM3,042 | RM1,933 | RM1,461 |
| 7% p.a. | RM3,088 | RM1,980 | RM1,510 |
Use the SME Loan Calculator to model your exact monthly repayment at any rate and tenure.
Documents Required
Documents for RM100,000 SME Loan
- IC copies of all directors / partners / shareholders
- SSM registration documents (Form 9, 24, 49 for Sdn Bhd; Form A/B for sole prop/partnership)
- Latest 6 months business bank statements
- Latest 2 years financial statements or management accounts
- Latest income tax filing (Form B or BE where applicable)
- Business premises proof (tenancy agreement or utility bill)
How to Apply — Step by Step
- Prepare documents — IC, SSM forms, 6-month bank statements, and financial accounts.
- Compare lenders — use our Best Bank for SME Loan guide to shortlist.
- Apply online or in-branch — Maybank and CIMB offer fully online applications for amounts up to RM300,000.
- Credit assessment — bank reviews your CCRIS report, cash flow, and business profile (2–4 weeks for traditional banks; 3–7 days for digital channels).
- Approval and disbursement — once approved, funds typically disburse within 3–5 business days.
Flat Rate: Interest calculated on original principal throughout. Higher effective rate.
Monthly Payment
RM 1,933
Total Interest
RM 15,997
Total Payment
RM 115,997
Free consultation, no obligation
Also See
- Need less? TEKUN Loan Guide covers RM1,000–RM100,000 with zero collateral.
- Need more? SME Loan RM200,000 Guide for the next tier up.
Frequently Asked Questions
Frequently Asked Questions
Disclaimer: Interest rates, loan amounts, and eligibility requirements shown are indicative and subject to change. Contact the respective bank or institution directly for the latest rates and terms. Last reviewed: January 2026.
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