Loans Working Capital

If you’re looking to raise capital to aid in the running of your business, you'll find the right financing package here.

Overdraft
Allows you to draw additional funds quickly and conveniently from your current account when you require it. Raising additional capital for running a business or making investments is now fast, simple and convenient.

Here's what Overdraft offers you:

• No fixed repayment schedule.
• Interest charged only when funds are used.
• No commitment fee for individual applicants on overdraft amounts of RM250,000 and below.
  

Revolving Credit
A working capital facility to address your financing needs over a short to medium term period. You can choose to either repay the full amount or renew the loan tenure by servicing the interest at the end of the loan period.

Here's what Revolving Credit offers you:

• Flexibility of drawing funds as and when required.
• Repayable over 1 to 6 months term.
• Choice of repaying in full upon maturity or to pay only the interest.
  Minimum amount of RM100,000.
  

Trade Financing
Public Bank is the ideal partner to help you efficiently handle your trade transactions as well as address your financing needs. Our extensive network of correspondent bankers and experienced personnel will ensure that you will enjoy worldwide acceptance by the international business community.

We offer a wide range of solutions and services to meet all your trade financing needs.

LOCAL PURCHASES/ IMPORT SERVICES

• Letter of Credit (LC)
  Letters of Credit are issued by the bank to your suppliers as a form of guaranteed payment. The supplier will be able to collect the payment when all conditions of the LC are met, for example when the goods shipped and documents delivered to the bank.
  
  Advantages of using Letters of Credit:
  
  
  • LC issued by Public Bank enjoys worldwide acceptance, giving you better negotiating powers, even when dealing with a supplier for the first time.
  • Eases your cash flow without the need to pay in advance.
  • Minimal charges.
  • Minimal documentation required.
    
    
• Trust Receipt (TR)
  A form of financing for your purchases, where we pay your suppliers 100% of the value of the goods, so that you can take delivery promptly and defer payment for an agreed period of time.
  
  Advantages of using Trust Receipts:
  
  
  • 100% financing Competitive rates, no commitment fee.
  • Financing for a pre-determined period that suits your needs.
  • Flexibility to settle early, partly or fully.
    
    
• Banker's Acceptance (BA)
  The bank provides financing for importers and local purchasers so you can take delivery of goods faster to meet market demands.
  
  Advantages of using Banker's Acceptance:
  
  
  • Period and amount of financing tailored to your business needs.
  • Goods can be purchased without worrying about increasing capital outlay.
  • Low charges levied. You can still obtain financing for other use, even though you have already paid your supplier.
  • You can combine multiple trade documents to make up the minimum financing amount of RM50 000.
    
    
• Shipping Guarantee (SG)
  Allows you to take delivery of your goods prior to arrival of original transport documents.
  
  Advantages of using Shipping Guarantee:
  
  
  • Low commision of 0.15% flat for SG issued under Letters of Credit.
  • Save on demurrage and warehousing charges.
    
    
• Banker's Guarantee (BG)
  When you submit a tender, or need a guarantee of payment to a supplier or a business partner, you can use a Banker's Guarantee as a viable alternative to cash deposits.
  
  Advantages of using Banker's Guarantee:
  
  
  • Widely accepted, giving recipients more confidence in your company's financial credibility.
  • Free your funds to pursue other business opportunities.
  • Low charges from 0.6% - 2.25% pa, with a minimum of RM50.
    
    
• Documentary Collection
  Whether you're an importer or exporter, this is a value-added service that lets you channel all your trade documents through the bank. We can assist in making collections or convert your trade documentation into financing.
  
  Advantages of using Documentary Collection:
  
  
  • Efficient and professional handling of all your trade documents.
  • We provide advisory services on ensuring that your documents are in compliance with your trade contract.
    Low service charges.
  • We can provide avenues of financing should the need arise.
  • Take advantage of our vast network of correspondent agents and branches to ensure prompt delivery of trade documents.
    
    
• Acceptance Letter of Credit
  Provides financing in foreign currency to pay for your import goods. This allows you to take advantage of the low interest rates on certain foreign currencies, and thus increasing your profit margin.
  
  Advantages of using Acceptance Letter of Credit:
  
  
  • 100% financing.
  • Enjoy more savings as we offer competitive interest rates and charge no commitment fee.
  • Financing will be provided for a pre-determined period. This period is flexible to suit your needs.
  • Improve your company's financial capability as the exchange risk is well managed.
    
    
• Bilateral Payments Arrangement
  Introduced by Bank Negara Malaysia, this is a unique banking arrangement between our country and a number of developing countries to promote bilateral trade to non-traditional markets. It guarantees settlements of financial claims arising from exports and imports of goods drawn under Letters of Credit between Malaysia and these countries.
  
  Advantages of using Bilateral Payments Arrangement:
  
  
  • Gives you more peace of mind and making it easier for you to do financial planning, knowing that you are guaranteed payment on your export goods.
  • Payment protection on your exports on credit up to 360 days.
  • Expands import and export opportunities by allowing you to tap into new, non-traditional foreign markets.
  • The elimination of payment risks means you can enjoy better terms on your imports and exports.
  • Enjoy favourable exchange rates on the U.S. Dollar under this arrangement.

LOCAL SALES/ EXPORT SERVICES

• Banker's Acceptance (BA)
  The bank will pay you immediately in exchange for your invoices in a trade transaction. This gives you instant cash in hand for other business needs while the bank collects payment from your buyer at a later date.
  
  Advantages of using Banker's Acceptance:
  
  
  • Allows you to generate higher turnover by giving your buyers credit terms. Low charges levied.
  • You can combine multiple trade documents to make up the minimum financing amount of RM50 000.
    
    
• Banker's Guarantee (BG)
  When you submit a tender, or need a guarantee of payment to a supplier or a business partner, you can use a Banker's Guarantee as a viable alternative to cash deposits.
  
  Advantages of using Banker's Guarantee:
  
  
  • Widely accepted, giving recipients more confidence in your company's financial credibility.
  • Free your funds to pursue other business opportunities.
  • Low charges from 0.6% - 2.25% pa, with a minimum of RM50.
    
    
• Bills of Exchange Purchased (BEP)
  This provides you with immediate funds upon presentation of export/sales documents with or without Letters of Credit. This gives you instant cash in hand for other business needs while the bank collects payment from your buyer at a later date.
  
  Advantages of using Bills of Exchange Purchased:
  
  
  • Financing for both domestic and foreign sales with or without Letters of Credit.
  • Advance given based on presentation of documents of sale or export.
  • No minimum financing amount.
  • Up to 100% financing based on invoice amount.
  • Low commission charges of 0.1%, between RM20 and RM500.
    
    
• Export Credit Refinancing (ECR)
  Allows financing of production and exporting costs of local manufacturers and traders. This is intended to promote the export of manufactured and approved agricultural products that are Made in Malaysia.
  
  Advantages of using Export Credit Refinancing:
  
  
  • Financing available for pre-shipment and post-shipment transactions.
  • Minimum nominal value RM10K or up to 95% of export order or amount specified in the Certificate of Performance (pre-shipment) and 100% value of export bill (post-shipment).
  • Maximum financing period of 120 days (pre-shipment) & 183 days (post-shipment).
  • Low interest rates.
    
    
• Documentary Collection
  Whether you're an importer or exporter, this is a value-added service that lets you channel all your trade documents through the bank. We can assist in making collections or convert your trade documentation into financing.
  
  Advantages of using Documentary Collection:
  
  
  • Efficient and professional handling of all your trade documents.
  • We provide advisory services on ensuring that your documents are in compliance with your trade contract.
  • Low service charges.
  • We can provide avenues of financing should the need arise.
  • Take advantage of our vast network of correspondent agents and branches to ensure prompt delivery of trade documents.
    
    
• Bilateral Payments Arrangement
  Introduced by Bank Negara Malaysia, this is a unique banking arrangement between our country and a number of developing countries to promote bilateral trade to non-traditional markets. It guarantees settlements of financial claims arising from exports and imports of goods drawn under Letters of Credit between Malaysia and these countries.
  
  Advantages of using Bilateral Payments Arrangement:
  
  
  • Gives you more peace of mind and making it easier for you to do financial planning, knowing that you are guaranteed payment on your export goods.
  • Payment protection on your exports on credit up to 360 days.
  • Expands import and export opportunities by allowing you to tap into new, non-traditional foreign markets.
  • The elimination of payment risks means you can enjoy better terms on your imports and exports.
  • Enjoy favourable exchange rates on the U.S. Dollar under this arrangement.

Banker's Guarantee
When you submit a tender, or need a guarantee of payment to a supplier or a business partner, you can use a Banker's Guarantee as a viable alternative to cash deposits.

Advantages of using Banker's Guarantee:

• Widely accepted, giving recipients more confidence in your company's financial credibility.
• Free your funds to pursue other business opportunities.
• Low charges from 0.6% - 2.25% pa, with a minimum of RM50.