0% Deposit Equipment 2026 - No Down Payment
0% down payment equipment financing 2026. Full 100% financing with no deposit required.
Ing Heng Credit Team β’ β’ 6 min read
# 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
- 48-hour 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 48-hour 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**
- 24-48 hours
- 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
- Approval in 48 hours
**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: 24-48 hours with complete documents.
## Get 0% Deposit Quote
Need equipment but no deposit? Contact Ing Heng for 0% down payment financing with 48-hour approval.
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**Want to compare?** See [Hire Purchase Guide](/blog/hire-purchase-2026-complete-equipment-guide-malaysia).