HI everyone here. Im just started my own business for about 5 months only and need some loan to expand my business or purpose for purchasing of goods. Since the business is not more than a year and my name is too clean and no record in the bank or ccris so is difficult to loan directly from bank.So any sme loan company or any idea to get loan?

Banks usually require 3 years of operation & profitable record.

If you insist on bank biz loans, you need your parents to be a guarantor. But still not sure whether a guarantor can assure you a loan or not.

Last option from bank without much requirement is personal loan, but the interest is a killer if i'm not mistaken.

As I know housing loan can be done with guarantor but not sure of personal loan. Btw thanks so much bro =)

Normally need around 2-3 years track record before u can get SMe bank loan
but u can try SMe course. There is a course u need to attend I think its 3 days or 5 days course then u are eligible to propose your business to them for them to evaluate is it worth for them to give u loan

Looking for business loan, company base in langkawi any bank able to do? Tq

If u apply ISO certification, u can apply the SME grant