SME Business Loan
UOB BizMoney

The key person of the company/ business owners must be at least 21 years old and not more than 65 years old at the time of the loan application.

• Private Limited Company (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
• Keyman Income – Latest Borang B/ BE (not more than 2 years)
• 3 years of Financial Reports (Audited/ Management)
• Latest 6 months of Bank Statements

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

The facility type available is Term Loan only.

Should you require OD/ Trade Financing, you may explore our UOB BizSolution.

UOB BizMoney offers a fixed interest rate, where the interest rate does not change/ fluctuate throughout the loan tenure. Our interest rate is starting from 0.38% per month.

A fixed-rate loan is suitable for a short-term loan and carries the advantage that borrower repayments are fixed, which eases cash flow projection.

Collateral refers to assets such as property or cash deposits that are pledged by the borrower as a form of repayment security.

UOB BizMoney is an unsecured loan, so you do not have to pledge any collateral to apply. However, please note that a personal guarantee is required.

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. However, each bank has its own criteria and procedures in assessing loan applications.

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

A minimum of 3 years in operation is required. However, if the key person has more than 3 years of experience in the same line of business, you are encouraged to submit the application.

Once the application is approved, our bank officer will arrange an appointment with you for Letter of Offer acceptance. All the guarantors are required to execute the Join & Several Guarantee. Once the documents are completed, the loan disbursement process may take 3 - 5 business days, subject to the completeness of the documents.

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

Stamp duties/ legal fees/ guarantee fees (under Syarikat Jaminan Pembiayaan Perniagaan Berhad’s Guarantee Scheme) or other fees and charges that may be incurred as part of the loan documentation. 

Please refer to the Letter of Offer issued by the Bank, full PDS and the Bank’s corporate website @www.uob.com.my for further details.

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 business day between 8.45am to 5.45pm (business day excludes Saturday, Sunday and public holidays) upon receiving full and satisfactory documents from applicants and submission for credit assessment.