IVC Business Loan

Short of capital to start a small business? In need of cash for business expansion? Apply for IVC Business Loan at a competitive rate and flexible repayment!

IVC Business Loan
Up to 5 years
Interest Rate
from 18% p.a.
Loan type
Secured loan
Interest Type
Flat interest rate
Approval in
3 days

Interest rates

How much the bank charges you based on your loan amount & loan period

You borrowLoan periodAnnual Sales TurnoverInterest Rate
min. RM50,00012 to 60 monthsmin. RM120,00018% p.a.

Fees & Charges

Interest Rate / APR
As low as 18% p.a. depending on loan amount and period
Early Termination Fee
3-month interest will be charged
Late Penalty Fee
 8%  from current outstanding amount
Processing Fee


Who can apply
  • Malaysian Registered Companies. and individuals holding a MyKad, residing in Klang Valley

More Information

What can I get from IVC Business Loan?

IVC Business Loan is a business loan for individuals and companies looking for funding with fast and simple processes.

This business loan is offered by Icon Venture Capital Sdn Bhd (Company No. 1267743-K), a licensed company under the Moneylenders Act 1951. 

For anyone who is having difficulty securing a loan to start up a business or for business expansion from mainstream lenders, IVC Business Loan could be your best next option.

How much can I borrow and what are the repayment terms of this business loan?

The minimum amount you can borrow from IVC Business Loan is RM50,000, at interest rates of 18% per annum.

The actual interest rate chargeable to your loan is based on your credit profile.

Depending on your income qualification, collateral type and Icon Venture's approval, you can borrow at a higher margin. 

You can also choose to repay your loan at flexible repayment terms from 1 year to 5 years.

Do I need to have collateral?

IVC Business Loan is a secured business loan that requires you to provide collateral upon application. 

Chances of getting approved are high for those having collateral when applying for IVC Business Loan. Below is the type of properties that are eligible as collateral:

  • House
  • Flat
  • Apartment
  • Condominium
  • Shoplot / Shop office
  • Factory
  • Land
  • Industrial Heavy Machinery
  • Others

How fast can I get my money?

You can expect to get the approved money within 5-7 working days, provided you have completed the application with all required documents submitted, as well as assessed by Icon Venture.

Who can apply for this business loan?

Only Malaysian individuals holding an IC/MyKad aged between 18 years old to 60 years old can apply for this business loan. 

For the time being, Icon Venture only accepts an applicant from Klang Valley only.

What documents do I need to prepare to complete this business loan application?

To ease the application process, you can apply for a business loan at RinggitPlus. 

And then you can expect a call from an Icon Venture representative, who will then help you to complete the application. 

All you need to prepare are:

  • Copy of IC (MyKad)
  • Latest SSM, Company Stamp
  • Latest 6 months' Company Bank Statement
  • Latest 2 years Audited Account Report (if available)
  • Latest 6 months' sample of Purchase Order/Invoice
  • BE Form & Tax Receipt (if available)
  • Utility bill
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