Benefits of SME Business Financing
We can help you achieve the impossible
Financing Amount
RM1,000 - RM100,000
Financing Tenure
Up to 12 months
Profit Rate
1.5% monthly (Total of 18.0%)
Shariah-Compliant
Based on the concept of Commodity Murabahah
WHAT IS SME BUSINESS FINANCING?
Capital is a digital Business Financing service aimed to provide SMEs quick and easy financing disbursed within 2 days.
WHY DO YOU NEED SME BUSINESS FINANCING?
Getting financing should not be difficult. Capital is a financing solution designed for businesses, especially SMEs. Here are the reasons why you need Capital financing:
- Funds for Business Activities
- Inventory Purchases
- Store Expansion of Branch
- Advance Payment for Employee Salary
- Investment Activities
Are you a BoostBiz Merchant? Capital business financing up to RM200,000 exclusively for you!
How To Apply For SME Business Financing?
Everything online as quick as 5 minutes!
STEP 1
Personal Details
Fill in your personal details to get started.
STEP 2
OTP Verification Code
Key in the 6-digit OTP verification code that is sent to your phone number.
STEP 3
Business Details
Complete your business details as registered with the Companies Commission of Malaysia (Malay: Suruhanjaya Syarikat Malaysia, SSM) or relevant regulatory authorities.
STEP 4
Time To Take Photos
Take and upload your selfie along with a photo of your MyKad for verification purposes.
STEP 5
Allow Share Location
Enable share location services on your device to complete your application.
STEP 6
Do You Want Higher Financing Limit?
Upload your latest 6-months business bank e-statements for a higher financing amount either in PDFs or scanned copies and we’ll assess your creditworthiness.
Do note, only upload personal bank account e-statement if your business is a sole proprietorship or enterprise.
STEP 7
FPX Payment
Accept and perform the FPX payment transfer for bank account validity purposes and you are done.
Your business is now unstoppable with Capital by Boost Credit!
Meet Our Customers
More Details Of SME Business Financing
| Entry Age | 18 - 65 Years Old |
|---|---|
| Applicant Citizenship | Malaysian or Permanent Resident of Malaysia |
| Nature Of Business | Shariah-Compliant |
| Financing Type | Shariah |
|---|---|
| Financing Amount | RM1,000 - RM100,000 |
| Financing Tenure | Up 12 Months |
| Profit Rate | 1.5% Per Month |
| Wakalah Fee | RM50 |
| Guarantor / Collateral | Not Required |
| Disbursem*nt Method | Directly Credited |
|---|---|
| Disbursem*nt Turnaround Time | 48 Hours |
| Disbursem*nt Amount | After Deducting All Fees & Charges Payable To Boost Credit |
| Monthly Repayment | Direct Debit |
| Due Date | The First Monthly Payment Is Payable Immediately Starting From The First (1st) Month From The Disbursem*nt Date |
| Late Interest | 1.0% Per Annum |
| Early Full Settlement | 1 Month Notice |
Frequently Asked Questions
- This product is currently not subject to any licensing or regulatory requirements
- This product is based on the concept of Commodity Murabahah as pronounced by our Shariah advisors
- Financing amount: Up to RM100,000, subject to Boost Credit's approval and based on applicable credit assessment
- Tenure: 12 months
- Profit rate: 1.5% per month (Total of 18%)
No guarantor or collateral is required
- You are required to make the relevant payments as per your agreed financing plan in accordance with product offering
- You should always have a sufficient sum of balance in your account for the direct debit mandate set up to enable us to collect the payment within the tenure
- Where relevant, a Sales and Services Tax (SST), Stamping Fee, Wakalah Fee, and/or Processing Fee, may be applicable
- Please refer to the Terms and Conditions of this product for more information
Do You Want To Earn Extra Income?
Join our Kongsi Klub Referral Program for FREE!
Simply refer Capital to any businesses that need financing and receive unlimited cash rewards.
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