Whether it’s Shariah-compliant or conventional financing, Maybank’s SME
e-Financing allows your business to secure funds in a matter of minutes

Speed is of the essence when it comes to business, be it catching consumer demand or bringing a product to market. Time it right, and it could mean fruitful offerings. Time it wrong, and you could miss out on a golden opportunity.

Nowhere is this more crucial for businesses than when it comes to financing and cash flow. This is often a chokepoint for small and medium-sized enterprises (SMEs), which form 99 per cent of companies in Singapore and employ 70 per cent of the country’s workforce.

Now, these SMEs can ease these concerns and dream bigger with our new business loan product, Maybank’s SME e-Financing, which offers both conventional and Shariah-compliant financing.

Businesses with a minimum of one year of operations can now quickly acquire funds to take their business to greater heights through a fast and hassle-free process, giving business owners a head start.

FAST APPLICATION

Get onboarded for an SME e-Financing loan quickly and simply.

• Apply via SingPass and myBusinessInfo, where all your personal and business information is pre-filled. No collateral or financial statement is required.
• Secure funds of up to S$150,000 in mere minutes. Those with complete records (existing Maybank sole proprietorship business account holders) can receive their application status in just 10 minutes.

New to Maybank? Your application outcome will be confirmed within just two business days.

FUSS-FREE DIGITAL PROCESS

Are you a young, savvy entrepreneur who is a digital native? Ordering food deliveries and groceries, and hailing rides online may have been part and parcel of your daily life. We hope to make financing your business equally convenient, by allowing you to apply online 24/7  -anytime, anywhere, for your loans.

Perhaps you may be an SME owner who has been searching for Shariah-compliant financing. Maybank’s SME e-Financing provides you with the first digital financial platform for such loans to meet your business needs.

With our fuss-free digital process, you can now save the environment by going paperless, while also enjoying less stringent loan credit guidelines such as waiver of financial and bank statements.

Once your loan is approved, an automated email notification pops up in your inbox. Zero fuss!

GET A HEAD START

Low effort, high return is the goal. By making loan applications easier and faster, SME e-Financing is all about supporting SMEs.

• The loan is available for companies incorporated for at least a year, while the current business-as-usual requirement is more than two years of incorporation to be eligible for a business term loan.
• For now, only unsecured working capital term loans (Conventional Business Term Loan and Business Term Financing-i) will be offered.
• Whether you are seeking to expand or planning to invest in technology, SME e-Financing will give you the much-needed head start.

the bottom line:

Is cash flow an issue for your small business? With Maybank SME e-Financing, there’s a quick and fuss-free boost made easy #ForYou. Apply online now..

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