Have you ever heard of a radio ad that ends like this: ‘This message is brought to you by MBSB, your financial provider’?
And indeed, MBSB is one of the prominent financial providers here in Malaysia. MBSB stands for Malaysia Building Society Berhad and it’s a financial provider company which engages in the finance market activities and other related financial services. Over the years since its establishment in 1950, MBSB has transformed from a mortgage provider into a financial provider of retail and corporate loans.
Malaysian Building Society Bhd (MBSB) is one of the main players by being the financial bank for SMEs in the country, encouraging their growth by providing the right financing packages.
MBSB had disbursed over RM500 million since it carried out its SME programme in January 2011. In 2012, it has increased the allocation to RM750 million.
If you’re looking for financing options for your business, check out these financial products offered by MBSB:
For Small and Medium sized enterprises, A SME Plus-I is designed to administer employee benefit plans, primarily with 5-150 employees. It is a one-stop source for all your employees’ benefit needs, providing maximum protection against unexpected scenarios such as death, disability, critical illness and also, escalating medical expenses.
This financial product can assist you with financing for working capital requirements and/or for the purchase of raw materials. It is also available to finance the acquisition of assets and additional production line for business expansion.
Equipment Financing-i offers financing for you to acquire commercial vehicles and machineries or equipments. Through this financing, you get to rent the usage of the assets and/or subsequently purchase the assets from MBSB.
Commercial Property Financing can help you with the acquisition of commercial or industrial properties which is already completed or still under construction. This facility is also made available to refinance completed properties or other assets as approved by MBSB.
We’ve previously discussed in ‘Personal loans for Business in Malaysia’ that personal loans can be a great financing option to fund your business. Private Sector PF-i is one of MBSB’s personal financing products that may assist your business. The financing amount is up to RM300,000 and it’s open to permanent employees of MBSB’s listed agencies, companies and subsidiaries, permanent professional employees with valid professional certificate of private companies and self-employed practicing professional with minimum 2 years of business or firm establishment.
