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BizPlus/-i

BizPlus/-i

For business customers with margin of financing of more than 100% secured against fixed deposits

Features and Benefits


  • An attractive financing rate.
  • Interest/Profit payable on the amount used.
  • Flexibility with the standby source of funds whenever required.

Financing Terms


Purpose of Financing

  • Working Capital

Types of Facilities

  • Overdraft/Cash Line-i
  • Trade facilities/-i
  • Short-term revolving credit/-i

Types of Securities

  • Fixed Deposits/Islamic Fixed Deposits
  • Joint and Several Guarantee from all the directors (for Sdn. Bhd.)
  • The Corporate Guarantee is to be obtained from parent companies (if applicable)

Eligibility


  • Sole proprietor / partnership / private limited company
  • Business in operation for at least 3 years
  • Minimum 2 years relationship with Maybank or minimum 3 years with other Financial Institutions

Documents

  • Certified photocopies of:
    • Memorandum & Article of Association
    • Business Registration
    • Form D
    • Form 9
    • Form 24 & 49
  • Company and Holding Company profile, Particulars of Directors/Main Shareholders and a photocopy of each Director’s NRIC
  • Certified photocopies of the last 3 years of Audited Financial Accounts and latest Management Accounts, and the last 6 months of Bank Statements from other banks

Terms and conditions apply. All application is subject to the Bank's credit assessment.

More info


Contact Us

Got a question? Call our Customer Care hotline at 1300-88-6688