0% Deposit Before CNY - Cash Preservation 2026
0% down payment before Chinese New Year 2026. Preserve cash for festive season operations.
Ing Heng Credit Team β’ β’ 6 min read
# 0% Deposit Before CNY - Cash Preservation 2026
Need equipment before CNY but want to preserve cash? 0% down payment financing available for January 2026.
## Why 0% Deposit Before CNY Matters
**Pre-CNY Cash Needs:**
**Business Operations:**
- Staff bonuses (CNY mandatory)
- Increased inventory purchases
- Advance payments to suppliers
- Additional hiring and training
**Personal Needs:**
- Family expenses
- Travel costs
- Festival preparations
- Ang pow distribution
**Equipment Need:**
- Still must acquire equipment
- Can't afford large deposit
- Need to preserve working capital
- 0% deposit solves this
## 2026 CNY 0% Deposit vs Bank Deposit
| Requirement | Bank (10-20%) | 0% Deposit (Ing Heng) |
|-------------|---------------|----------------------|
| **Upfront Cash** | RM 20,000-40,000 | RM 0 |
| **Loan Amount** | RM 160,000-180,000 | RM 200,000 |
| **Cash Preserved** | RM 0 | RM 20,000-40,000 |
| **CNY Flexibility** | Limited | High |
## Real 0% Deposit CNY Cases
**Case 1: Excavator 0% Deposit**
**Need:** Komatsu PC200 (RM 180,000)
**Bank:** Requires 10% (RM 18,000)
**Contractor:** Needs cash for staff bonus + operations
**0% Deposit Solution:**
- Down payment: RM 0
- Loan: RM 180,000
- Monthly: RM 3,600
- Cash saved: RM 18,000
- **Used for CNY business operations**
**Case 2: Lorry Fleet 0% Deposit**
**Need:** 3 ISUZU lorries (RM 360,000)
**Bank:** Requires 20% (RM 72,000)
**Logistics:** Needs cash for driver hiring + fuel
**0% Deposit Solution:**
- Down payment: RM 0
- Loan: RM 360,000
- Monthly: RM 7,200
- Cash saved: RM 72,000
- **Used for CNY preparation costs**
## CNY Cash Allocation with 0% Deposit
**Smart Cash Use:**
**Instead of Deposit (RM 30,000):**
- Staff bonuses: RM 15,000
- Inventory advance: RM 10,000
- Driver hiring: RM 5,000
- **Total: RM 30,000 well spent**
**With Deposit Required:**
- Equipment deposit: RM 30,000
- Cash for CNY: RM 0
- **Business strained**
## 0% Deposit Equipment for CNY
**Available Equipment:**
**Construction:**
- Komatsu excavators (0% down)
- CAT excavators (0% down)
- Any brand (0% down)
- **All new and used**
**Logistics:**
- ISUZU, FUSO, HINO (0% down)
- Prime movers (0% down)
- Any lorry type (0% down)
**Warehouse:**
- Toyota forklifts (0% down)
- TCM forklifts (0% down)
- Any capacity (0% down)
## 0% Deposit vs 10% Deposit Comparison
**Example: RM 150,000 Excavator**
**10% Deposit:**
- Down payment: RM 15,000 upfront
- Loan: RM 135,000
- Monthly: RM 2,700
- Cash available for CNY: Reduced
**0% Deposit:**
- Down payment: RM 0
- Loan: RM 150,000
- Monthly: RM 3,000
- Cash available for CNY: RM 15,000 more
**Trade-off:** RM 300/month extra for RM 15k cash preservation
## 2026 0% Deposit Requirements
**What We Need:**
1. **Equipment Choice**
- Popular brands preferred
- Fair market price
- Good condition
- Resale value
2. **Business Viability**
- Strong CNY demand
- Repayment capacity
- Stable operations
- Future potential
3. **Documentation**
- SSM registration
- 6 months bank statements
- CNY orders/contracts
- Basic business docs
## CNY 0% Deposit Benefits
**Pre-Festive Advantages:**
1. **Preserve Working Capital**
- Keep RM 20k-50k in business
- Use for CNY operations
- Maintain flexibility
- Emergency buffer
2. **Full Equipment Acquisition**
- 100% equipment cost covered
- Including accessories
- Registration/insurance
- Complete package
3. **Start CNY Prepared**
- Equipment ready before CNY
- No cash strain
- Operations smooth
- Revenue maximized
4. **Post-CNY Cash Available**
- Working capital maintained
- Operations continue smoothly
- No cash flow problem
- Business growth supported
## 0% Deposit Interest Rates
**CNY Period Rates:**
| Equipment Value | 0% Deposit Rate | 10% Deposit Rate |
|-----------------|-----------------|------------------|
| RM 100,000 | 5.5% | 5.0% |
| RM 200,000 | 5.0% | 4.5% |
| RM 500,000 | 4.5% | 4.0% |
**Difference:** 0.3-0.5% higher for 0% deposit
## Cash Flow Comparison
**RM 180,000 Excavator - 5 Years**
**10% Deposit:**
- Deposit: RM 18,000
- Loan: RM 162,000
- Monthly: RM 3,240
- Total interest: RM 32,400
**0% Deposit:**
- Deposit: RM 0
- Loan: RM 180,000
- Monthly: RM 3,600
- Total interest: RM 36,000
**Trade-off Analysis:**
- Extra interest: RM 3,600 over 5 years
- Extra monthly: RM 360
- Cash preserved: RM 18,000
- **RM 18k earns >RM 3.6k in business use**
## CNY Business Cash Strategy
**Smart Allocation:**
**With RM 30,000 Preserved:**
- Pre-CNY inventory: RM 12,000
- Staff bonuses: RM 10,000
- Driver hiring/training: RM 5,000
- Emergency buffer: RM 3,000
- **Total: RM 30,000 productive use**
**Without Preservation:**
- Equipment deposit: RM 30,000
- Struggle for CNY cash needs
- Business operations stressed
- Opportunities missed
## 0% Deposit Documentation
**Required:**
1. **Business Basics**
- SSM registration
- Business license
- 6 months bank statements
2. **Equipment Details**
- Quotation
- Equipment choice
- Seller information
3. **CNY Preparation**
- Business plan for CNY
- Revenue projections
- Cash flow needs
- Staff requirements
## Bad Credit 0% Deposit
**Challenge:**
- Need 0% deposit
- CCRIS issues
- CNY deadline
**Still Possible:**
- Equipment-focused approval
- Business viability primary
- Credit secondary
- 0% deposit available
- **48-hour approval**
## New Business 0% Deposit
**Challenge:**
- New company
- First equipment
- Need 0% deposit
- CNY preparation
**Approved If:**
- 6+ months operation
- Good CNY orders
- Strong business plan
- Owner experienced
- **0% deposit possible**
## 2026 0% Deposit Tips
**Tip 1: Apply Early**
- Before January 15 ideal
- Equipment selection better
- Standard rates
- No rush
**Tip 2: Show CNY Demand**
- Client orders for CNY period
- Historical CNY performance
- Revenue projections
- Cash flow planning
**Tip 3: Choose Popular Brands**
- Komatsu, CAT, ISUZU, Toyota
- Easier approval
- Better terms
- Fast processing
**Tip 4: Plan Cash Usage**
- Know exactly how deposit savings used
- Show productive allocation
- Demonstrate business benefit
- Strengthen approval case
## Get 0% Deposit Before CNY
Need equipment before CNY but want to preserve cash? Apply for 0% down payment financing.
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**Not urgent?** See [CNY Equipment Preparation](/blog/cny-equipment-financing-pre-festive-preparation-2026).