Comparison & Best Small Business Loan Options in Malaysia 2025
In Malaysia, various banks and financial institutions offer small business loan options with different interest rates, loan amounts, and benefits. Below is a detailed comparison to help business owners choose the most suitable loan.
Comparison of Major Business Loans
| Bank/Institution | Product | Interest Rate (p.a.) | Loan Amount | Loan Tenure | Key Benefits |
|---|---|---|---|---|---|
| Alliance Bank | Digital SME Express Financing | From 5.90% | Up to RM500,000 | Up to 5 years | No collateral, fast approval, simple application process |
| UOB | BizMoney | From 0.38% (monthly) | RM100,000 – RM1,000,000 | Up to 5 years | No collateral, approval within 1 day |
| OCBC | Business Term Loan | 5.50% – 10.00% | Up to RM600,000 | Up to 5 years | No collateral required, simple application process |
| Maybank | SME Clean Loan | 4.50% | Up to RM250,000 | Up to 5 years | No collateral, fast approval |
| RHB | SME Business Loan | 5.29% | Up to RM5,000,000 | Up to 7 years | Large financing amount, suitable for expanding businesses |
| BSN | Micro TemaNiaga-i Tawarruq | 6.38% | Up to RM50,000 | Up to 5 years | Ideal for small businesses, Shariah-compliant |
| Bank Rakyat | Micro Financing-i (MUsK) | 12.56% | Up to RM50,000 | Up to 5 years | No guarantor or collateral required, Shariah-compliant |
| CGC | BizJamin Bumi Scheme | BLR+2% | Up to RM15,000,000 | Case-by-case basis | Designed for Bumiputera entrepreneurs, high financing amount |
Best Loan Recommendations
1. Best for Fast Approval – Alliance Bank Digital SME Loan
- Suitable for: Business owners who need quick funds
- No collateral, fast approval process
- Loan amount up to RM500,000
- Ideal for growing SMEs
2. Best for Large Loan Amount – RHB SME Business Loan
- Suitable for: Businesses requiring large capital
- Loan amount up to RM5,000,000
- Repayment tenure up to 7 years, ideal for long-term planning
3. Best for Low Interest Rate – Maybank SME Clean Loan
- Suitable for: Businesses aiming to reduce interest costs
- 4.50% annual interest rate, lower than competitors
- Suitable for companies with strong financial records
4. Best for Bumiputera Entrepreneurs – CGC BizJamin Bumi Scheme
- Suitable for: Bumiputera entrepreneurs
- Loan amount up to RM15,000,000
- Suitable for various industries and sectors
Tips for Applying for a Business Loan
- Review Financial Status – Ensure financial stability and check credit scores (CCRIS/CTOS) before applying.
- Compare Loans from Different Banks – Consider interest rates, loan terms, and repayment periods.
- Prepare Necessary Documents – Such as company registration certificate, financial statements, business licenses, and other required documents.
- Consult with Banks or Financial Institutions – Get tailored advice based on your business needs.
Choosing the right loan depends on business needs, required capital, and repayment capability. With this comparison, we hope you can find the best loan option for your business!
Please click the link for Malaysian banks that offer business loans.
