BHP is applicable for the following:
- Registrable equipment
- Fleet of passenger vehicle for director usage
- Lorry
- Selected machinery/non-registrable equipment acceptable to Maybank
Commercial Hire Purchase
Blanket Hire Purchase (BHP)
A blanket line of financing up to a certain limit offer to borrower / customer to acquire machinery/equipment/vehicles.
Benefits
- High margin of finance of up to 90%
- 12 months utilisation period (for BHP facility)
- Flat rate
- Repayment / payment will commence 1 month from the date of each HP Agreement
- Attractive and competitive interest / profit rate
Tenure
- Flexible repayment / payment tenure up to 60 months for commercial vehicles/machinery/equipment.
- Flexible repayment / payment tenure up to 108 months for passenger vehicles.
Eligibility
- Sole Proprietorships
- Partnerships
- Private Limited & Public Limited Companies
Locate a Branch
Find a Maybank branch nearby you
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Floor Stocking
This is offered to new, used, reconditioned, and commercial vehicle dealers for the purchase of motor vehicles stock.
Direct Hire Purchase (DHP)
An ad-hoc financing to acquire one or more units or machinery/equipment/vehicles.
Floor Stocking
A short-term credit facility to finance the purchase of motor vehicles stock by dealers.
Margin of finance
Up to 100%
Loan period
Up to 90 days
Block Discounting
For motor dealers, and credit and leasing companies related to hire purchase and leasing activities.