Capital by Boost Credit
SME Financing
A shariah-compliant SME business financing solution that maximises business growth with an easy online application and disbursement within 48 hours
Apply NowBenefits of SME Business Financing
We can help you achieve the impossible
Financing Amount
Up to RM2,000,000
Financing Tenure
Up to 36 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
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 | Up to RM2,000,000 |
| Financing Tenure | Up to 36 Months |
| Profit Rate | 1.5% Per Month |
| Wakalah Fee | RM50 |
| Guarantor | Required |
| Collateral | Not Required |
| Disbursement Method | Directly Credited |
|---|---|
| Disbursement Turnaround Time | 48 Hours |
| Disbursement 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 Disbursement Date |
| Late Payment Charges | Please refer to the Terms and Conditions outlined in your signed contract for this product. |
| Early Full Settlement | 1 Month Notice Required |
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 RM2,000,000, subject to Boost Credit's approval and based on applicable credit assessment
- Tenure: up to 36 months
- Profit rate: 1.5% per month (Total of 18%)
Guarantor is required, however collateral is not 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 outlined in your signed contract for this product.
Contact us
Reach out to us for more details
