Crane Startup 2026: First Crane Financing with 0% Down Payment

Start Your Crane Business 2026

You want to start crane business. Good idea. Construction booming. Demand high. But you need first crane. Banks reject startups. New business no track record. Banks want 3 years operation. We approve startups. 0% down payment. 100% full loan. Start your dream today.

Why Banks Reject Startups

• No Track Record: Business less than 3 years
• No Financial History: Can't prove repayment
• High Risk: New businesses often fail
• No Collateral: Limited assets
• Strict Policy: Computer says auto-reject

We Approve Startups

• Business Plan: We review your plan
• Contracts: Client letters matter
• Experience: Your skills count
• Potential: We see future possibility
• Human Decision: Real person reviews

Bank vs. Ing Heng for Startups

Factor	Bank	Ing Heng Credit
New Business	Rejected	Approved
First Crane	Very difficult	Available
Down Payment	20-30%	0%
Financing	70-80%	100%
Approval Time	4-6 weeks	48 hours

Best First Crane Choices

Option 1: 20-Ton Mobile Crane

• Cost: RM150,000-RM250,000
• Monthly income: RM16,000-RM24,000
• Best for: Small projects, learning
• Easiest: First crane choice

Option 2: 50-Ton Mobile Crane

• Cost: RM350,000-RM500,000
• Monthly income: RM30,000-RM50,000
• Best for: Medium projects
• Most popular: Balanced choice

Option 3: Used Crane

• Cost: 40-60% less than new
• Same income potential
• Best for: Limited capital
• Smart: Financial choice

Startup Cost Comparison

First Crane: 50-Ton Mobile (RM400,000)

Bank:

• Down payment (25%): RM100,000
• Financed: RM300,000
• Startup needs RM100,000 cash
• Approval: Very difficult

Ing Heng:

• Down payment (0%): RM0
• Financed: RM400,000
• Startup needs RM0 cash
• Approval: 48 hours

Savings: RM100,000 preserved for operations

What We Need for Startup Approval

1. Business Plan

• Simple one-page plan
• Target market
• Expected income
• Operating costs

2. Client Letters

• Letters of interest
• Verbal contracts OK
• Project pipeline
• Potential clients list

3. Your Experience

• Construction background
• Crane operator license
• Industry contacts
• Business skills

4. Basic Documentation

• SSM registration
• Identification
• Bank statements
• Crane details

Growth Path

Year 1: First crane

• Learn the business
• Build client base
• Establish reputation
• Net profit: RM100,000-RM200,000

Year 2: Add second crane

• Use profit for down payment
• Or 0% down again
• Double income potential

Year 3-5: Build fleet

• 3-5 cranes
• Hire operators
• Manage multiple projects

Why Choose Ing Heng Credit?

1. Startup Friendly

We helped thousands of startups. Banks haven't.

2. 0% Down Payment

Start with no cash down. Use money for operations.

3. 100% Full Loan

Complete first crane financing.

4. Fast Approval

Start your business in 48 hours. Not 6 weeks.

5. Growth Partner

We finance your second, third, tenth crane too.

Success Story

"Worked as crane operator 10 years. Knew the industry. Wanted to start own business. Had client letters. No money for down payment. Bank rejected: 'New business, high risk.' Came to Ing Heng 2022. Approved 50-ton mobile crane in 48 hours. 0% down payment. 100% full loan. Bought used crane for RM380,000. First year net profit RM150,000. Year 2 added second crane. Year 3 added tower crane. Now have 5 cranes. 15 employees. Making RM500,000 profit per year. Ing Heng believed in me when bank didn't."

— Zulkifli Ahmad, Crane Business Owner

Start Your Crane Business Today

Don't wait years to save down payment. Don't let bank rejection stop you.

Choose Ing Heng Credit:

• Startup approved
• 0% down payment
• 100% full loan
• 48-hour approval
• Growth partner

Join 4,000+ businesses who have trusted Ing Heng Credit since 1985.