How does Term Financing-i support Shariah-compliant businesses for growth?

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AEON Bank's Term Financing-i Facilitates Growth for Shariah-Compliant Businesses Through Flexible Funding and Strategic Investment

AEON Bank (M) Berhad's Term Financing-i is structured to empower Shariah-compliant businesses by providing adaptable capital for medium to long-term growth initiatives. This financing facility aligns with Islamic finance principles, specifically "Murabahah via Tawarruq," ensuring transparency and ethical practices. It is designed to support strategic investments such as asset acquisition and infrastructure expansion, while also emphasizing the maintenance of healthy cash flow for the business.
Funding for Strategic Growth and Expansion

The Term Financing-i product is specifically engineered to finance medium to long-term growth projects. This includes enabling businesses to undertake significant asset purchases or invest in infrastructure expansion, which are crucial steps for scaling operations. By providing capital for these strategic endeavors, AEON Bank Biz aims to facilitate sustainable business development and market competitiveness for its Shariah-compliant clientele.
Enhanced Financial Flexibility and Accessibility

A key feature of the Term Financing-i is its emphasis on flexibility and accessibility. Businesses can benefit from a repayment tenure that can be extended up to a maximum of 60 months, allowing for tailored repayment schedules that align with their financial capacity and project timelines. Furthermore, the facility requires zero collateral, removing a significant barrier to entry for many SMEs.
Transparent Fee Structure and Direct Disbursement

AEON Bank Biz ensures a transparent financial process by stipulating no hidden charges on the application or utilisation of the Term Financing-i. Upon approval, the funds are disbursed directly into the customer's AEON Bank Biz Business Current Account-i. This direct deposit mechanism streamlines the process, ensuring that businesses have immediate access to the capital for their intended growth purposes.

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How does Term Financing-i support Shariah-compliant businesses for growth?

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