Purchasing an industrial equipment or machinery? Ease your cashflow by amortising your equipment’s purchase price over a period of up to 5 years. We offer competitive interest rates. Margin of financing is up to 100% of the purchase price.
Features
• High margin of financing of up to 100%
• Longer repayment period of up to 5 years.
• Tailored to your financing needs.
• Competitive rates.
Available For:
• Sole Proprietorships
• Partnerships
• Private Limited Companies
• Public Limited Companies
Requirements
For us to know you better, we need the following documents:
• Company profile
• Your company product brochures
• Profile of management team and directors
• Certified True Copy of Business Registration, Form B and D
• Certified True Copy of M&A, Form 24, 44, and 49
• Photocopy of Guarantor’s/Proprietor’s/Partner’s IC
• Audited accounts for the last 3 years and latest management account
• Latest 6 months bank statement
• List of clients and suppliers
• Debtors & creditors ageing report
• Suppliers’ quotation for equipment to be purchased
Additional documents if applicable:
• Letters of Awards / Contracts
• Relevant Permits / Licenses / Certification of SIRIM
• Production process flow
• List of completed / present / future projects
Terms and Conditions
Margin of financing: Residential units/shophouses up to 60% unless owner-occupied.
Amount of Loan: Maximum limit is dependant on the number, type and selling price of units, together with AmBank's maximum margin of advance for such units.
Security: Residential units/shophouses to be financed |