0% Deposit Equipment 2026 - No Down Payment

Need equipment but no cash for down payment? 0% deposit financing makes it possible in 2026.

What is 0% Deposit Financing?

0% Deposit means:

• No down payment required
• 100% equipment cost financed
• Start using immediately
• Pay only monthly installments

2026 Bank vs Ing Heng Deposit Requirements

Requirement	Bank	Ing Heng
Down Payment	10-20%	0%
Deposit Amount	RM 20,000+	RM 0
Loan Amount	80-90%	100%
Hidden Fees	Processing, legal	Minimal

Real Example: Excavator Purchase

Komatsu PC200: RM 180,000

Bank Financing (10% down):

• Deposit: RM 18,000 upfront
• Loan: RM 162,000
• Need RM 18k cash before starting

Ing Heng 0% Deposit:

• Deposit: RM 0
• Loan: RM 180,000
• Start immediately, no upfront cash

Why 0% Deposit Matters in 2026?

Business Benefits:

1. Preserve Cash Flow

   • Keep RM 20k-50k in business
   • Use for operations instead
   • Emergency fund intact

2. Start Projects Faster

   • No saving for deposit
   • Immediate equipment deployment
   • Start earning revenue

3. Multiple Equipment

   • No deposit per unit
   • Fleet expansion possible
   • Scale operations quickly

Equipment Available 0% Deposit

Construction:

• Komatsu excavators (PC200-PC800)
• CAT excavators (320-390 series)
• Hitachi excavators (ZX200-ZX350)
• Backhoes and loaders

Logistics:

• ISUZU lorries (all models)
• FUSO lorries (all models)
• HINO lorries (all models)
• Prime movers (Volvo, Scania)

Warehouse:

• Toyota forklifts (2-10 ton)
• TCM forklifts (1-5 ton)
• Komatsu forklifts (2-7 ton)
• Warehouse equipment

0% Deposit vs Normal Financing 2026

Feature	0% Deposit	10% Deposit	20% Deposit
Upfront Cash	RM 0	RM 18,000	RM 36,000
Loan Amount	RM 180,000	RM 162,000	RM 144,000
Monthly (5yr)	RM 3,600	RM 3,240	RM 2,880
Cash Preserved	RM 36,000	RM 18,000	RM 0

2026 0% Deposit Approval Criteria

What We Look For:

• Equipment quality and value
• Business viability
• Repayment capacity
• Project contracts (if applicable)

NOT Required:

• Large cash savings
• Collateral property
• Perfect CCRIS score
• Long operation history

Real Example: Lorry Purchase

Scenario: New logistics company

Need: ISUZU Lorry (RM 120,000)

Bank requires:

• 20% deposit: RM 24,000
• Business must be 2+ years
• Strong CCRIS required
• 2 weeks approval

Ing Heng 0% Deposit:

• Deposit: RM 0
• New business OK
• CCRIS flexible
• fast approval

Bad Credit 0% Deposit

Common Situations:

• CCRIS issues
• Bank rejected previously
• Late payments history
• High existing debt

Still Possible with Ing Heng:

• 0% deposit available
• Focus on equipment value
• Income-based approval
• Fast fast decision

0% Deposit for Used Equipment

Banks rarely finance:

• Used equipment over 5 years
• High mileage lorries
• Older excavators

Ing Heng accepts:

• Used equipment up to 10 years
• Any condition considered
• 0% deposit still available
• Full financing possible

Fleet 0% Deposit (5+ Units)

Example: 5 Forklifts

Total Cost: RM 225,000 (RM 45k each)

Banks:

• 10% deposit each: RM 22,500
• Total deposit needed: RM 112,500
• Separate applications

Ing Heng 0% Deposit:

• Deposit: RM 0
• Single application
• Fleet discount possible
• Fast approval

2026 0% Deposit Benefits Summary

1. No Upfront Cost

   • RM 0 down payment
   • Start immediately
   • Preserve cash flow

2. 100% Financing

   • Full equipment cost
   • Including accessories
   • On-the-road price

3. Fast Approval

   • fasts
   • Minimal documentation
   • Same-day decision possible

4. Flexible Terms

   • 3-7 year repayment
   • Competitive interest
   • Early settlement option

5. Any Equipment Age

   • New or used
   • Any brand
   • Any condition

Hidden Costs to Watch

Bank 0% Deposit Offers:

• Processing fee: 1-2%
• Legal fees: RM 3k-5k
• Insurance required: Upfront
• Valuation fee: RM 1k-2k
• Total hidden costs: RM 10k+

Ing Heng Transparent:

• Processing: Minimal
• Legal: RM 1k-2k
• Insurance: Can be monthly
• Valuation: Often waived
• Total costs: Under RM 3k

0% Deposit Eligibility Checklist

• Business registered (SSM)
• Valid business license
• Equipment selected
• Repayment plan ready
• Basic documents prepared

What's NOT needed:

• Cash savings for deposit
• Property collateral
• Perfect credit score
• Long business history

How to Apply for 0% Deposit

Step 1: Equipment Selection

• Choose your equipment
• Get quotation
• Confirm availability

Step 2: Quick Assessment

• Basic business info
• Equipment details
• Repayment preference

Step 3: Fast Approval

• Documents submitted
• Same-day review
• fast approval

Step 4: Get Equipment

• Agreement signing
• Equipment delivery
• Start monthly payments

2026 0% Deposit vs Operating Lease

0% Deposit HP:

• Ownership at end
• Higher monthly
• Build asset value
• Tax depreciation

Operating Lease:

• No ownership
• Lower monthly
• Return equipment
• Tax deductible

Choose 0% Deposit HP if:

• Want ownership
• Long-term use (5+ years)
• Build business assets

Success Stories 2026

Story 1: New Contractor

• Needed: Excavator (RM 180k)
• Had: Only RM 5k savings
• Got: 0% deposit approval
• Result: Started contracts in 1 week

Story 2: Logistics Expansion

• Needed: 3 lorries (RM 360k)
• Had: RM 20k working capital
• Got: 0% deposit approval
• Result: Fleet operational in 2 weeks

Common 0% Deposit Questions

Q: Is 0% deposit really RM 0? A: Yes, no down payment. Small processing fees only.

Q: What's the catch? A: Slightly higher monthly payment, but preserve cash flow.

Q: Used equipment OK? A: Yes, any age equipment 0% deposit available.

Q: Bad credit possible? A: Yes, focus on equipment value and repayment capacity.

Q: How fast approval? A: fasts with complete documents.

Get 0% Deposit Quote

Need equipment but no deposit? Contact Ing Heng for 0% down payment financing with fast approval.

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