A Business Term Loan helps businesses access financing for growth, working capital and long-term investments. With fixed repayments over an agreed tenure, it offers greater certainty when managing business expenses and cash flow.
Business Term Loan
Expand your business with financing support and no collateral required
Fulfil your cash flow needs or business expansion plans with our hassle-free financing.
FEATURES AND BENEFITS
No collateral required
Get financing of up to RM1,000,000 with a financing tenure of up to 7 years
Competitive interest rates from 5.50% p.a. (flat rate)*
*Terms and conditions apply
Terms and conditions
All required forms and supporting documents must be duly completed and submitted.
All loans are subject to satisfactory assessment by the Bank.
Product Disclosure Sheet
READY TO APPLY?
Get your Business Term Loan today from us.
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FAQs
Common questions about Business Term Loan
Why choose a Business Term Loan for your business?
What documents are required to support your application?
• Company constituent and statutory documents
• Photocopy of NRIC of directors / guarantors / sole proprietor / partners
• Latest 6 months bank statements of the applicant(s) business account
• Financials or Management Account
The Bank may ask for additional documents, if necessary*.
How do I apply for OCBC Business Term Loan?
Apply online through OCBC website by providing your business details and required documents. Our team will review your application and guide you through the next steps. Start your application today to get financing support for your business needs.
How long will it take for the loan to be disbursed?
The loan will be disbursed within 1 week after you accept the Letter of Offer, subject to fulfilment of the terms and conditions stated in the offer.
Illustration based on assumption of a financing amount of RM100,000 for 5-year tenure.
| Financing Amount | RM100,000 | RM100,000 |
| Flat Rate | 5.50% p.a. | 10.00% p.a. |
| Tenure (years) | 5 | 5 |
| Effective Interest Rate | 10.38% | 17.96% |