Equipment Financing January 4, 2026 5 min read
0% Deposit Equipment 2026 - No Down Payment
0% down payment equipment financing 2026. Full 100% financing with no deposit required.
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 (deposit required):
- 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:
- Preserve Cash Flow
- Keep RM 20k-50k in business
- Use for operations instead
- Emergency fund intact
- Start Projects Faster
- No saving for deposit
- Immediate equipment deployment
- Start earning revenue
- 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
- Streamlined Processing
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:
- Deposit required on each unit: RM 22,500
- Total deposit needed: RM 112,500
- Separate applications Ing Heng 0% Deposit:
- Deposit: RM 0
- Single application
- Fleet discount possible
- Streamlined Processing
2026 0% Deposit Benefits Summary
- No Upfront Cost
- RM 0 down payment
- Start immediately
- Preserve cash flow
- 100% Financing
- Full equipment cost
- Including accessories
- On-the-road price
- Streamlined Processing
- fasts
- Minimal documentation
- Same-day decision possible
- Flexible Terms
- 3-7 year repayment
- Competitive interest
- Early settlement option
- 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: Streamlined Processing
- Documents submitted
- Same-day review
- Streamlined Processing 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 Streamlined Processing? A: fasts with complete documents.
Get 0% Deposit Quote
Need equipment but no deposit? Contact Ing Heng for 0% down payment financing with Streamlined Processing.
Want to compare? See Hire Purchase Guide.