SME/SMI ISLAMIC & CONVENTIONAL BUSINESS FINANCE

 

We work on strategy, marketing and technology across all industries and geographies. We love what we do and we love bringing our success to our clients.

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Our wide range of financing offerings allows you to choose what's right for your business now and in the future.

Growing your business on your own can be very difficult without access to additional business funding. One of the most common ways  to raise working capital for your business is through a business loan.

 

At BostonHouse Consulting, our team consisting a group of professional such as auditor, ex banker and lawyers.

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What type of financing is best for your business? There are so many factors to consider, from the stage of your business to how much it will cost to obtain the funding.

 

We want to help you and your business thrives and can provide service to you with access to business loans. We assist SME/SMI entrepreneurs to arrange for credit facilities from Conventional or Islamic banks.

 

Business Property & Working Capital Financing

 

Financing for your short term needs to ease the cash flow of your business such as purchasing of stocks, overheads, and financing your business properties. The facitilites offer business owners a comprehensive range of products to ensure their daily operations run as smoothly as possible. The product range is designed to cater to a wide range of businesses.

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The Benefit of Business Financing

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Whether you run a small business or a large company, business loans can offer a finance solution to fill a cash flow gap, fund expansion plans or manage day to day expenses. Some business finance solutions are designed for start-ups, offering funding to entrepreneurs to establish new businesses. However every business may at some point need business credit to grow, or to help with cash flow if there is a shortfall due to a late payment from a customer or unforeseen expense.

 

The current economy situation is tough. Unemployment rates are still at an all-time high, and many companies have gone bankrupt, while others are barely hanging on by a thread. In fact, in today’s ever-changing and fluxing economic climate, business loans are about the only option small business owners have for obtaining cash to further their companies. With an efficient business loan, almost any enterprise can see immediate growth as long as they use the additional capital wisely.

 

Business loans are taken out for several reasons. A company may want to secure financing to maintain business operations, invest in equipment, start a new branch, or any number of other motivations. However the biggest advantage of taking out a business loan during tough economic times is that companies can use it to increase their working capital. While companies that are looking to expand often already have enough money to become larger, taking out a loan allows them to maintain their operating cash flow, making it easier for them to cover any unexpected expenses. Thus, they are able to make payments on their loan by using the new income gained from expanding their business.

 

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FACILITIES SUCH AS:

 

1) TERM LOAN

 

Term loan is a credti facility for a specific tenor and for a specific purpose. It is usually utilized to finance the purchase of capital goods, and immovable properties and buildings for business operations. The tenor is usually fixed to meet hte business's short/medium term financing requirements.

 

Key features and benefits of Term Loan Facility:

 

* Short and medium term lending facility

* Fixed monthly repayment over the loan term

* Loan tenure of 3 years up to 5 years

 

 

2) OVERDRAFT

 

Overdraft is a convenient and flexible form of financing with no fixed repayment schedule. You can draw on funds as and when you require, and the interest is only charged on the amount that is drawn. Purpose of overdraft is to meet your business's working capital requirements.

 

Key features and benefits of Overdraft Facility:

 

* Short term revolving lending facility

* No fixed repayment schedule

* Flexibility to draw on funds as and when required

 

 

3) TRADE FINANCING

 

Another option to provide short tem financing is trade financing. Some of the common trade financing facilities provided includes:

 

* Letter of Credit (LC)

* Trust Receipts (TR)

* Bankers Acceptance (BA)

* and etc.

 

 

ELIGIBILITY

 

*Your business's monthly revenue is relatively stable

 

*Your business has been in operation for at least 6 months and above (Agro Based)

 

*Your business has been in operation for at least 1 to 2 years (manufacturer, trading, wholesale, import & export and etc.)

 

*Malaysian-controlled or Malaysian owned companies registered in Malaysia with at least 51% shareholding.

 

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FEATURES AND BENEFITS:

 

* Up to 800K

* Zero collateral

* Fixed monthly installment