SME Loan Malaysia 2022 Interest Rate

SME or also known as Small and Medium-sized Enterprises are businesses that maintain revenues, assets, or a number of employees below a certain threshold. These business entities are often regarded as the heartbeat of Malaysia’s emerging and developing economies. Apart from providing vast numbers of employment opportunities, SME businesses are generally entrepreneurial in nature, helping to shape innovation.

Best SME loan Malaysia 2022 Interest Rates

There is no one size fits all solution. Depending on your unique needs, you may consider some of the popular SME loans in Malaysia below.

Here is a list of SME loan schemes and their interest rates for 2022 in Malaysia:

SME Bank Business Accelerator Program

Profit Rate: from 4% p.a.

Annual Turnover: min. RM300k

SME Bank Small Business Financing

Profit Rate: from 8% p.a.

Annual Turnover: min. RM150k

RHB SME Online Financing

 

Interest Rate:from 8.45% p.a.

Annual Turnover: RM500k - RM25m

Aspirasi Capital Plus

Profit Rate: from 18% p.a.

Annual Turnover: RM -

HSBC Working Capital Term Loan for SME

Interest Rate: from 9.89% p.a.

Annual Turnover: min. RM500k

IVC Business Loan

Interest Rate: from 18% p.a.

Annual Turnover: RM -

Bank Rakyat Skim Pembiayaan Mikro-i MUsk

Profit Rate: from 12.56% p.a.

Annual Turnover: up to RM300k

Bank Rakyat Skim Pembiayaan Mikro-i MEF

Profit Rate: from 8.25% p.a.

Annual Turnover: up to RM300k

Agrobank Term Financing-i

Profit Rate: from 11% p.a.

Annual Turnover: RM300k - RM15m

UOB BizMoney

Interest Rate: from 6.48% p.a.

Annual Turnover: min. RM1m

BSN Micro TemaNiaga-i Tawarruq

Profit Rate: from 6.38% p.a.

Annual Turnover: RM300k - RM15m

BSN Microplus

Interest Rate: from 8.45% p.a.

Annual Turnover: RM300k - RM50m

MIDF SME Emergency Fund

Interest Rate: from 3% p.a.

Annual Turnover: RM300k - RM50m

BSN Micro TemanMesra

Interest Rate: from 6.38% p.a.

Annual Turnover: RM300k - RM15m

MIDF Soft Loan Scheme for Small & Medium Enterprises

Interest Rate: from 4% p.a.

Annual Turnover: RM300k - RM50m

BSN Micro TemaNiaga

Interest Rate: from 6.38% p.a.

Annual Turnover: RM300k - RM15m

For a comprehensive list of other SME loan schemes in Malaysia, check out SME loan Malaysia pdf.