Loan amount: Rm117k
Bank: Public Bank
Interest: 2.61%
Period: 9 years
Latest Car Loan Rate 2012-2021| 2021
Latest Car Loan Rate 2012-2021| 2021
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Sep 6 2015, 07:00 AM
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#1
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Senior Member
5,580 posts Joined: Jan 2005 |
Loan amount: Rm117k
Bank: Public Bank Interest: 2.61% Period: 9 years |
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Jul 9 2020, 08:36 PM
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#2
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Senior Member
5,580 posts Joined: Jan 2005 |
Guys,
If my sdn bhd company is 2 years old but but 2 months in business, can I get loan with director or shareholder guarantee? |
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Jul 13 2020, 04:33 PM
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#3
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Senior Member
5,580 posts Joined: Jan 2005 |
QUOTE(Buydirect @ Jul 13 2020, 03:39 PM) In any Sdn Bhd company loan, the company director must stand as personal guarantor, which is a requirement and not an option. Banks usually need to look at minimum 6 months bank statement with active transactions. I think it would be very difficult for bank to approve with just 2 months of business transactions, as they need to look at the average positive cash flow for past 6 months. Some companies also need to submit their audited accounts , in order for bank to know that the company is a profitable company. Ok noted. What is I buy under personal and later refinance under company after it is qualified. Will the bank consider as second hand car interest rate? |
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Jul 20 2020, 04:14 PM
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#4
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Senior Member
5,580 posts Joined: Jan 2005 |
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Jul 23 2020, 05:03 PM
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#5
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Senior Member
5,580 posts Joined: Jan 2005 |
Just got approval for new car.
MBB - 7 years - RM225k - 2.44% Seems high. |
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