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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.

Features


BHP is applicable for the following:

  • Registrable equipment
  • Fleet of passenger vehicle for director usage
  • Lorry
  • Selected machinery/non-registrable equipment acceptable to Maybank

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

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