Image via tirachardz/Freepik; Edited by LITE
The recent economic downturn has left negative impacts on many businesses, particularly the SMEs. If you’re one of the affected SMEs, check out the new SME Digital Financing by Maybank as it may be helpful for you to keep the biz running.
The Maybank SME Digital Financing is dubbed the first in the market to offer SMEs an end-to-end hassle-free digital financing experience. There are only a few simple steps you’d need to follow to apply online.
The best part is, you can apply for financing from as low as RM10,000 to a maximum of RM250,000 without collateral and a repayment of up to five years.
You can complete the whole application online without having to visit any of the branches. This helps reduce the risk of contracting COVID-19 since you’re not out and about. Besides, the application process is hassle-free since it requires very minimal information and no documentation for existing customers.
As an existing customer and if your records are already in the bank’s system, you could get approval as fast as ten minutes and disbursement as quick as one minute upon acceptance too!
Here’s how EXISTING customers can apply:
Step 1: Go to maybank2u.com.my and log in to either your personal or business account.
Step 2: Click on ‘Apply’ at the top corner and select the SME Financing.
Step 3: Fill up the form accordingly and you’re done!
Meanwhile, for new customers, you’re required to submit only two documents: the IC or passport of the directors and trading license. You can also choose to submit bank statements as additional info.
Here’s how NEW customers can apply:
Step 1: Visit www.maybank2u.com.my/smefinancing and click ‘Apply Now’.
Step 2: Fill in your business registration number and contact number. Wait for your TAC number.
Step 3: Once you’ve received your TAC number, proceed to fill up your business’ details.
Maybank will process your application and inform you of their decision within two working days via SMS or email.
Sounds like a pretty easy process, right? Visit www.maybank2u.com.my/smefinancing today to apply for the Maybank Digital Financing and get the help you need.
For more information, visit Maybank’s website or Facebook page.