The Financial Services Authority defines capital as "the amount of funds used to carry out business activity." However, capital is frequently required for business development. Whenever you require it, you may consider a business capital loan as a solution.

Capital is necessary to grow your business, especially for business development. For example, expanding the market, increasing manufacturing capacity, and obtaining useful machines to improve product quality.

There are numerous ways to gain capital. Business capital loans KUR, on the other hand, are highly suggested for those of you wishing to start a business.

Kredit Usaha Rakyat (KUR) is a government program that aims to provide access to credit for Micro, Small, and Medium Enterprises (MSMEs) and the distribution will be made through financial institutions. The goal of KUR is to improve the ability of business capital so that MSMEs can expand.

Maybank, through its subsidiary Maybank KUR. also supports the government initiative by providing business capital loans to Indonesian MSMEs. Maybank offers access to operating capital and investment financing with minimal fees and interest rates through this sort of loan.

The list of advantages of Maybank KUR is as follows :

1. Big loans

Loans start from IDR 50 million with a maximum value of IDR 500 million. You are able to choose the loan amount that best suits your needs.

2.  Long-Term Financing

You can choose the loan tenor according to your abilities and needs. The term for working capital financing might be up to four years. In terms of investing, the maximum term is five years.  

3.  Low Interest Rate

Maybank KUR offers attractive interest rates. This will make it easier for you to maintain the stability of the capital you already have.

To be eligible for Maybank KUR , you must have a well-developed business for at least one year and at least three years of business experience. The types of guarantees that can be provided also vary. Some of them are land and/or buildings such as houses, shop houses, offices, kiosks, flats, warehouses, and factories. You can, however, provide a cash guarantee.

Make sure it is also put to good use in company development-related activities. This is necessary in order for the Maybank KUR loan to be approved.

What exactly are you waiting for? Enjoy the benefits of Maybank KUR as your business solution. Please visit this page to apply for a Maybank KUR loan.