Equipment Financing 0% Deposit Malaysia: Complete Guide 2025
Equipment financing with 0% deposit in Malaysia. Finance up to 100% of equipment value. Excavators, trucks, forklifts. Fast approval, high success rate.
When the dealer says “RM 80,000 deposit required” and you’re holding a purchase order worth RM 250,000 but only have RM 15,000 in cash, does that equipment dream feel impossible?
You’ve found the right solution. This comprehensive guide reveals how 0% deposit equipment financing in Malaysia can get you the equipment you need without draining your cash reserves.
What is 0% Deposit Equipment Financing?
0% deposit equipment financing means you can acquire any type of equipment - excavators, trucks, forklifts, manufacturing machinery - by financing up to 100% of the equipment value without any upfront payment.
Instead of paying RM 50,000 to RM 200,000 as deposit, you preserve that cash for:
• Business operations (fuel, maintenance, wages)
• Working capital (inventory, raw materials)
• Emergency reserves (unexpected repairs, market downturns)
• Growth opportunities (additional contracts, marketing)
How 0% Deposit Financing Works
Traditional Equipment Financing:
• Equipment price: RM 300,000
• Required deposit: RM 60,000 (20%)
• Loan amount: RM 240,000
• Cash needed upfront: RM 60,000
0% Deposit Equipment Financing:
• Equipment price: RM 300,000
• Required deposit: RM 0 (0%)
• Loan amount: RM 300,000
• Cash needed upfront: RM 0
Your cash stays in your business account where it belongs.
Why Most Financiers Require Deposits
Understanding why traditional financiers demand deposits helps you appreciate the 0% deposit advantage:
Risk Mitigation Strategy
Most banks and finance companies require 10-30% deposits to:
• Reduce their financial exposure
• Ensure buyer commitment
• Cover initial depreciation
• Protect against default losses
Cash Flow Misunderstanding
Traditional financiers think: “If they can’t afford the deposit, how can they afford monthly payments?”
The reality: Contractors need cash flow for operations, not sitting idle as deposits. A contractor with RM 50,000 can either:
• Option A: Pay RM 50,000 deposit, have RM 0 for business operations
• Option B: Keep RM 50,000 for fuel, wages, maintenance, parts
Option B keeps businesses running smoothly.
One-Size-Fits-All Approach
Banks use standardized lending criteria that don’t account for:
• Equipment earning potential
• Business cash flow needs
• Seasonal revenue patterns
• Contractor business models
This is where specialized equipment financiers like Ing Heng Credit excel.
Equipment Types Available for 0% Deposit Financing
Construction Equipment
Excavators (All Sizes)
• Mini excavators (1-6 tons): RM 80,000 - RM 300,000
• Medium excavators (10-20 tons): RM 300,000 - RM 800,000
• Large excavators (20+ tons): RM 800,000 - RM 2,000,000+
• 0% deposit available: Yes, on all sizes and ages up to 10+ years
Bulldozers
• Small dozers (D3-D5): RM 200,000 - RM 500,000
• Medium dozers (D6-D8): RM 500,000 - RM 1,200,000
• Large dozers (D9-D11): RM 1,200,000 - RM 3,000,000+
• 0% deposit available: Yes, including GPS-guided models
Wheel Loaders
• Compact loaders: RM 150,000 - RM 400,000
• Medium loaders: RM 400,000 - RM 800,000
• Large loaders: RM 800,000 - RM 1,500,000+
• 0% deposit available: Yes, all brands and configurations
Logistics Equipment
Prime Movers
• Used prime movers (5-10 years): RM 180,000 - RM 350,000
• New prime movers: RM 400,000 - RM 800,000
• 0% deposit scenarios: Excellent for logistics startups
Container Trailers
• Flatbed trailers: RM 80,000 - RM 150,000
• Container chassis: RM 90,000 - RM 180,000
• Cash flow advantage: Immediate revenue generation
Tipper Trucks
• 3-tonners: RM 180,000 - RM 280,000
• 10-tonners: RM 280,000 - RM 450,000
• 20-tonners: RM 450,000 - RM 650,000
• 0% deposit benefit: Start hauling immediately
Warehouse Equipment
Forklifts
• Electric forklifts (1.5-3 tons): RM 80,000 - RM 200,000
• Diesel forklifts (3-10 tons): RM 150,000 - RM 400,000
• Warehouse expansion: No cash tie-up in deposit
Reach Stackers
• Container reach stackers: RM 800,000 - RM 2,500,000
• Port operations: Massive cash flow preservation
Manufacturing Equipment
CNC Machines
• Basic CNC machines: RM 200,000 - RM 500,000
• Advanced machining centers: RM 500,000 - RM 2,000,000+
• Production scaling: Cash for materials and labor
Industrial Presses
• Hydraulic presses: RM 150,000 - RM 800,000
• Manufacturing growth: Immediate production capacity
The Real-World Impact of 0% Deposit Financing
Case Study 1: Quarry Excavator (Ahmad’s Story)
Situation: Ahmad owns a small quarry in Rawang. A major developer wants 500 truckloads of aggregate monthly for 18 months - guaranteed revenue of RM 85,000 monthly. But Ahmad’s rented CAT 320D costs RM 18,000/month, eating into profits.
Traditional Financing Obstacle:
• Used CAT 320D price: RM 380,000
• Bank requires: RM 76,000 deposit (20%)
• Ahmad’s cash available: RM 45,000
• Result: Cannot proceed
0% Deposit Solution:
• Equipment price: RM 380,000
• Deposit required: RM 0
• Monthly payment: RM 9,200 (60 months, 9% p.a.)
• Cash preserved: RM 45,000 for operations
Outcome:
• Month 1: Start earning RM 85,000, pay RM 9,200 loan
• Net gain: RM 75,800 vs RM 67,000 rental
• Cash available: RM 45,000 for fuel, maintenance, wages
• 18-month project: RM 1,534,400 total revenue, equipment 25% paid off
Case Study 2: Container Transport Fleet (Lee’s Expansion)
Situation: Lee Transport has 3 prime movers but containers are backing up at Port Klang. He needs 2 more prime movers urgently. Container hauls pay RM 450-650 each.
Cash Flow Reality:
• 2x prime movers needed: RM 700,000
• Traditional deposit: RM 140,000 (20%)
• Lee’s cash reserves: RM 85,000
• Cash shortage: RM 55,000
0% Deposit Advantage:
• Equipment cost: RM 700,000
• Deposit: RM 0
• Monthly payment: RM 18,500 (48 months, 10% p.a.)
• Cash preserved: RM 85,000 for operations
Revenue Impact:
• 2 additional trucks × 4 trips/week × RM 500 average = RM 4,000/week each
• Total weekly increase: RM 8,000
• Monthly increase: RM 34,667
• Net profit after loan: RM 16,167/month
Case Study 3: Manufacturing Equipment (Precision Parts)
Situation: Precision Parts Sdn Bhd manufactures automotive components. They won a 3-year contract worth RM 2.4 million annually but need a RM 600,000 CNC machine to fulfill it.
Working Capital Needs:
• Raw materials: RM 180,000/month
• Wages: RM 45,000/month
• Utilities: RM 15,000/month
• Total monthly needs: RM 240,000
0% Deposit Impact:
• CNC machine: RM 600,000
• Traditional deposit: RM 120,000
• Problem: Deposit would drain 50% of working capital
Solution:
• 0% deposit financing preserves RM 120,000
• Monthly payment: RM 15,800 (48 months, 9.5% p.a.)
• Working capital intact: RM 240,000 available monthly
• Contract fulfilled smoothly: All 3 years
0% Deposit vs. Traditional Deposit: The Complete Comparison
Financial Impact Analysis
Scenario: RM 400,000 Excavator Purchase
Traditional 20% Deposit Financing:
• Deposit paid: RM 80,000
• Loan amount: RM 320,000
• Monthly payment: RM 7,800 (48 months, 8% p.a.)
• Cash immediately unavailable: RM 80,000
0% Deposit Financing:
• Deposit paid: RM 0
• Loan amount: RM 400,000
• Monthly payment: RM 10,200 (48 months, 10% p.a.)
• Cash preserved: RM 80,000
Monthly Cost Comparison:
• Traditional: RM 7,800 + RM 80,000 opportunity cost
• 0% Deposit: RM 10,200
• Additional monthly cost: RM 2,400
But what can you do with RM 80,000 cash?
Cash Flow Utilization Opportunities
Option 1: Additional Equipment
• RM 80,000 down payment on second excavator
• Double your earning capacity
• Monthly revenue increase: RM 15,000-25,000
Option 2: Business Expansion
• Marketing campaigns: RM 15,000
• Additional staff: RM 20,000
• Equipment maintenance fund: RM 20,000
• Emergency reserve: RM 25,000
Option 3: Working Capital
• Fuel reserves: RM 30,000
• Spare parts inventory: RM 25,000
• Wage buffer: RM 25,000
Option 4: Opportunity Fund
• Bid on larger contracts requiring upfront costs
• Purchase materials in bulk for discounts
• Invest in productivity improvements
Risk Mitigation Benefits
Traditional Deposit Problems:
• Cash locked up: Cannot respond to opportunities
• Liquidity crisis: No buffer for emergencies
• Limited flexibility: Cannot adapt to market changes
• Opportunity cost: Missing revenue-generating uses for cash
0% Deposit Advantages:
• Cash available: Respond to urgent opportunities
• Emergency buffer: Handle unexpected costs
• Market flexibility: Adapt to changing conditions
• Revenue maximization: Use cash for income-generating activities
Qualification Requirements for 0% Deposit Equipment Financing
Individual/Sole Proprietor Requirements
Basic Documentation:
• Malaysian IC or valid work permit
• 6 months bank statements (personal + business)
• Income proof (contracts, payment receipts, EPF)
• Business registration (if applicable)
• Equipment quotation from supplier
Income Assessment:
• Monthly income: Must cover loan payments + living expenses
• Debt service ratio: Under 60% of monthly income
• Income stability: Minimum 6 months operating history
• Business potential: Demonstrated market demand
Credit Evaluation:
• Not automatic disqualification: Bad credit assessed individually
• Focus on business viability: Equipment earning potential
• Current payment behavior: Recent 6 months prioritized
• Explanation opportunity: Discuss past credit issues
Company Requirements (Sdn Bhd/Enterprise)
Corporate Documentation:
• SSM registration certificate (Form 9/24/49)
• Company bank statements (6 months)
• Directors’ IC copies
• Company profile/business plan
• Board resolution (equipment purchase authorization)
Financial Standing:
• Revenue assessment: Based on bank statements
• Business sustainability: Operating track record
• Director guarantees: Personal backing may be required
• Equipment justification: Business need demonstration
Enhanced Approval Factors
Stronger Applications Include:
• Current contracts: Proof of ongoing work
• Equipment necessity: Clear business need
• Market demand: Growing industry/sector
• Brand selection: Quality equipment with good resale value
• Business growth: Expanding operations, not struggling
Risk Mitigation Factors:
• Industry experience: Established in the sector
• Equipment knowledge: Understanding of operation/maintenance
• Insurance coverage: Comprehensive protection
• Maintenance capability: Service support available
Interest Rates and Terms for 0% Deposit Financing
Interest Rate Structure
0% Deposit Equipment Financing Rates:
• New equipment: 8-12% per annum (reducing balance)
• Used equipment (3-7 years): 9-13% per annum
• Older equipment (7-10+ years): 10-14% per annum
Rate Determinants:
• Equipment age and condition: Newer = lower rates
• Brand reputation: CAT, Komatsu, Hitachi preferred
• Borrower profile: Credit history, business stability
• Loan tenure: Shorter term = lower rate
• Equipment type: Standard equipment vs specialized
Loan Tenure Options
Flexible Terms Available:
• Short term: 12-24 months (higher monthly, lower total cost)
• Medium term: 36-48 months (balanced approach)
• Extended term: 60-84 months (lower monthly, higher total cost)
Tenure Selection Factors:
• Cash flow capacity: Monthly payment ability
• Equipment lifecycle: Match payments to earning years
• Business plans: Growth trajectory consideration
• Tax implications: Depreciation and expense planning
Total Cost Comparison Examples
Example 1: RM 300,000 Excavator
24-Month Term:
• Monthly payment: RM 14,350
• Total interest: RM 44,400
• Advantage: Lower total cost, faster ownership
48-Month Term:
• Monthly payment: RM 7,650
• Total interest: RM 67,200
• Advantage: Better cash flow, longer to establish revenue
60-Month Term:
• Monthly payment: RM 6,400
• Total interest: RM 84,000
• Advantage: Lowest monthly impact, extended cash flow
Payment Structure Options
Standard Installment Payment:
• Equal monthly payments throughout term
• Predictable cash flow planning
• Most common structure
Step-Up Payment Plan:
• Lower payments in first 12 months
• Gradually increasing payments
• Good for business development phase
Seasonal Payment Plan:
• Variable payments based on business cycles
• Higher payments during peak season
• Lower payments during slow periods
The Hidden Benefits of 0% Deposit Financing
Tax Advantage Maximization
Capital Allowance Benefits: When you finance 100% of equipment cost, the entire amount qualifies for capital allowance claims:
• Initial Allowance: 20% in first year
• Annual Allowance: 14% each subsequent year
• Tax savings example: RM 300,000 equipment = RM 60,000 first-year allowance × 25% tax rate = RM 15,000 tax savings
Financing vs. Cash Purchase:
• Cash purchase: Tie up RM 300,000, get RM 15,000 tax benefit
• 0% deposit financing: Preserve RM 300,000 cash, get same RM 15,000 tax benefit
• Net advantage: RM 285,000 cash available + same tax benefit
Cash Flow Multiplication Effect
Immediate Revenue Generation: With preserved cash, contractors can:
Week 1: Start equipment operations, begin earning revenue Week 2-4: Use cash for fuel, maintenance, operator wages Month 2: Bid on additional projects requiring working capital Month 3: Invest in productivity improvements, training Month 6: Consider second equipment purchase
Compounding Benefits:
• Equipment generates revenue from day 1
• Cash generates additional opportunities
• Combined effect exceeds traditional financing
Risk Distribution Strategy
Traditional High-Deposit Financing Risks:
• All eggs in one basket: Large cash tied up in single asset
• Liquidity risk: No cash for emergencies
• Opportunity cost: Missing other investments
• Market risk: Cannot respond to changes
0% Deposit Risk Distribution:
• Diversified approach: Cash available for multiple uses
• Flexibility maintained: Can adapt to opportunities
• Emergency buffer: Cash available for unexpected needs
• Growth options: Capital for expansion opportunities
Competitive Market Positioning
Market Response Speed: When competitors need weeks to arrange deposits, you can:
• Respond to tenders immediately: No cash arrangement delays
• Accept urgent contracts: Equipment available quickly
• Scale operations rapidly: No cash flow constraints
• Outbid competitors: Better cash position for project costs
Common Objections and Responses
”Higher Interest Rates Make It Expensive”
Short-term vs. Long-term Thinking:
Example Analysis: RM 400,000 Excavator
• Traditional financing: 8% interest, 20% deposit (RM 80,000)
• 0% deposit financing: 10% interest, no deposit
Traditional Financing:
• Total interest over 48 months: RM 67,200
• Deposit opportunity cost: RM 80,000 × 15% annual return = RM 48,000
• Total cost: RM 67,200 + RM 48,000 = RM 115,200
0% Deposit Financing:
• Total interest over 48 months: RM 84,000
• Cash investment opportunity: RM 80,000 × 25% return = RM 80,000 gain
• Net cost: RM 84,000 - RM 80,000 = RM 4,000
Result: 0% deposit financing actually costs RM 111,200 less when cash is used productively.
”Banks Have Lower Interest Rates”
Total Package Comparison:
Bank Financing Reality:
• Interest rate: 6-8% (looks attractive)
• Deposit required: 20-30% (RM 60,000-90,000)
• Processing time: 2-6 weeks
• Approval rate: 30-40% (very selective)
• Age limit: 3-5 years max
• Hidden cost: Deposit opportunity loss
Specialized Equipment Financing:
• Interest rate: 8-12% (transparent)
• Deposit required: 0%
• Processing time: 2-5 days
• Approval rate: High (flexible evaluation)
• Age limit: 10+ years accepted
• Advantage: Complete cash preservation
”What If I Can’t Make Payments?”
Risk Mitigation Strategies:
Diversified Revenue Approach:
• Don’t depend on single contract
• Build multiple income streams
• Maintain emergency reserves (using preserved cash)
• Consider insurance protection
Equipment Value Protection:
• Choose quality brands with good resale value
• Maintain equipment properly
• Keep service records updated
• Consider guaranteed buyback programs
Flexible Payment Options:
• Discuss payment restructuring if needed
• Seasonal payment plans available
• Temporary payment relief programs
• Equipment refinancing possibilities
Equipment Age and Condition Considerations
Age Acceptance Policy
Our Age-Flexible Approach: Unlike banks that limit financing to 3-5 year old equipment, we accept:
• 6-8 years old: Standard approval process
• 8-10 years old: Detailed condition assessment
• 10+ years old: Case-by-case evaluation based on:
• Equipment brand and model reputation
• Maintenance history and records
• Current working condition
• Market demand for specific equipment type
Condition Assessment Process
Detailed Equipment Evaluation:
• Physical inspection: External condition, wear patterns
• Mechanical assessment: Engine, hydraulics, transmission
• Documentation review: Service history, major repairs
• Market analysis: Resale value, demand trends
Approval Factors for Older Equipment:
• Brand reputation: CAT, Komatsu, Hitachi preferred
• Service history: Regular maintenance records
• Working condition: All systems functional
• Market demand: Equipment type still in demand
Age-Based Pricing Structure
Interest Rate by Equipment Age:
• 0-3 years: 8-10% p.a.
• 4-6 years: 9-11% p.a.
• 7-10 years: 10-13% p.a.
• 10+ years: 11-14% p.a. (case-by-case)
Why We Finance Older Equipment: Banks reject older equipment due to:
• Higher depreciation rates
• Increased maintenance risks
• Lower resale values
• Standardized age policies
Our Advantage:
• Equipment expertise: 40+ years equipment financing experience
• Market knowledge: Understanding of equipment lifecycles
• Flexible assessment: Individual equipment evaluation
• Business focus: Earnings potential vs. age alone
Industry-Specific 0% Deposit Solutions
Construction Contractor Solutions
Common Equipment Needs:
• Excavators for earthwork and foundation
• Bulldozers for site preparation
• Wheel loaders for material handling
• Mobile cranes for lifting operations
Cash Flow Benefits for Contractors:
• Project deposits: Keep cash for project startup costs
• Material purchases: Working capital for materials
• Subcontractor payments: Cash flow for labor costs
• Equipment maintenance: Funds for service and repairs
Contractor Success Example: Ahmad Bin Kassim, small contractor:
• Won RM 800,000 government tender
• Needed CAT 320D excavator: RM 350,000
• Traditional bank required RM 70,000 deposit
• 0% deposit solution preserved RM 70,000 for:
• Project materials: RM 35,000
• Subcontractor deposits: RM 20,000
• Emergency reserve: RM 15,000
Logistics Company Solutions
Transportation Equipment:
• Prime movers for container transport
• Tipper trucks for bulk material
• Flatbed trailers for general cargo
• Container chassis for port operations
Logistics Cash Flow Needs:
• Fuel advances: Daily fuel requirements
• Driver wages: Monthly payroll obligations
• Maintenance reserves: Unexpected repairs
• Insurance premiums: Vehicle and cargo coverage
Logistics Growth Example: Lee Transport expansion:
• Added 2 prime movers: RM 600,000 total
• 0% deposit preserved RM 120,000 for:
• Fuel reserves: RM 40,000/month
• Driver recruitment and training: RM 25,000
• Insurance and permits: RM 30,000
• Marketing for new routes: RM 25,000
Manufacturing Company Solutions
Production Equipment:
• CNC machines for precision parts
• Industrial presses for forming
• Assembly line equipment
• Quality control machinery
Manufacturing Cash Flow Requirements:
• Raw material inventory: 2-3 months stock
• Work-in-progress: Production cycle funding
• Finished goods: Storage before shipment
• Research and development: Innovation investment
Manufacturing Success Story: Precision Parts Sdn Bhd:
• Purchased RM 800,000 CNC machining center
• 0% deposit kept RM 160,000 available for:
• Raw materials: 3-month inventory
• Skilled operator training: RM 25,000
• Tooling and fixtures: RM 35,000
• Quality certification: RM 15,000
Quarry and Mining Operations
Mining Equipment:
• Large excavators for material extraction
• Wheel loaders for material handling
• Dump trucks for transport
• Crushing and screening equipment
Quarry Cash Flow Needs:
• Blasting permits and materials: Monthly requirements
• Fuel costs: High consumption equipment
• Maintenance parts: Critical spare parts inventory
• Environmental compliance: Monitoring and reporting
Agricultural Equipment Solutions
Farm Machinery:
• Tractors for field operations
• Harvesters for crop collection
• Irrigation equipment for water management
• Processing machinery for value-add
Agricultural Seasonal Considerations:
• Seed and fertilizer: Planting season requirements
• Seasonal labor: Harvest period workers
• Weather contingency: Drought or flood reserves
• Market timing: Storage until optimal prices
The 0% Deposit Application Process
Step 1: Initial Consultation
Free Assessment Available:
• WhatsApp: +60175700889 (fastest response)
• Phone: +603-3362 1588
• Email: info@inghengcredit.com
• Walk-in: 47A, Jalan Raya Timur, Klang
Information We’ll Gather:
• Equipment type and specifications needed
• New vs. used preference and budget range
• Your business background and experience
• Current financial position and needs
• Timeline for equipment acquisition
Step 2: Equipment Selection and Quotation
Supplier Flexibility:
• Your preferred supplier: We work with your chosen dealer
• Our dealer network: Access to competitive pricing
• Multiple quotations: Compare prices and terms
• Specification optimization: Get exactly what you need
Equipment Documentation Required:
• Official quotation from authorized dealer
• Equipment specifications and features
• Delivery timeline and terms
• Warranty coverage details
Step 3: Financial Documentation
Personal/Sole Proprietor Documents:
• Malaysian IC or passport (for foreigners)
• 6 months bank statements (personal + business)
• Income proof (contracts, invoices, EPF statements)
• Business registration documents
• CIDB or professional licenses (if applicable)
Company Documents:
• SSM registration certificate (Form 9/24/49)
• Company bank statements (6 months)
• Directors’ IC copies
• Memorandum and Articles of Association
• Board resolution for equipment purchase
Supporting Documents:
• Current business contracts or projects
• List of existing equipment owned
• Existing loan statements (if any)
• References from suppliers or clients
Step 4: Credit Evaluation Process
Our Assessment Factors:
• Business viability: Current and future earning potential
• Equipment justification: Clear business need demonstration
• Repayment capacity: Monthly income vs. payment obligations
• Industry knowledge: Understanding of your sector
• Equipment value: Quality and resale considerations
Credit History Approach:
• Holistic evaluation: Not just credit score focused
• Recent behavior weighted: Last 6-12 months prioritized
• Explanation opportunity: Discuss past credit issues
• Business potential emphasized: Future earnings vs. past problems
Step 5: Approval and Terms
Typical Approval Timeline:
• Day 1: Document submission and initial review
• Day 2: Credit evaluation and equipment assessment
• Day 3: Approval decision and terms presentation
• Day 4: Terms discussion and agreement preparation
• Day 5: Documentation completion and signing
Approval Letter Contents:
• Loan amount approved (up to 100% of equipment value)
• Interest rate and calculation method
• Loan tenure and payment schedule
• Insurance and registration requirements
• Conditions precedent for disbursement
Step 6: Documentation and Disbursement
Financing Agreement Preparation:
• Hire purchase agreement (equipment ownership transfer)
• Personal or corporate guarantee (if required)
• Insurance policy assignment
• Equipment inspection and acceptance
Disbursement Process:
• Direct supplier payment: We pay dealer directly
• Equipment delivery coordination: Schedule with supplier
• Registration assistance: JPJ registration for road vehicles
• Insurance arrangement: Comprehensive coverage activation
Comparing 0% Deposit Providers in Malaysia
Ing Heng Credit Advantages
Our Unique Position:
• 40+ years experience: Equipment financing specialists since 1985
• 0% deposit genuine: Not promotional gimmick, real business model
• Age flexibility: Accept equipment 10+ years old
• Fast approval: 2-5 day decision vs. weeks with banks
• High success rate: Flexible evaluation criteria
Industry Expertise:
• Equipment knowledge: Deep understanding of machinery values
• Market awareness: Resale values and demand trends
• Industry relationships: Dealer network and service providers
• Risk management: Experienced in equipment financing risks
Banks vs. Specialized Equipment Financiers
Traditional Bank Limitations:
• Rigid criteria: Standardized approval requirements
• Age restrictions: Maximum 3-5 years old equipment
• High deposits: 20-30% typically required
• Slow processing: 2-8 weeks approval time
• Low approval rates: 30-40% success rate
• Limited flexibility: Cannot adapt to unique situations
Ing Heng Credit Advantages:
• Flexible criteria: Individual case assessment
• Age acceptance: 10+ years equipment considered
• 0% deposit option: Genuine zero down payment
• Fast processing: 2-5 days decision
• High approval rates: Focus on business potential
• Customized solutions: Tailored to your needs
Other Equipment Finance Companies
Typical Competitors:
• Still require 10-20% deposits minimum
• Limited to newer equipment (5-7 years max)
• Higher interest rates without deposit benefits
• Less flexible terms and conditions
Our Competitive Edge:
• True 0% deposit: Not marketing gimmick
• Equipment age flexibility: Older equipment accepted
• Competitive rates: Despite no deposit requirement
• Comprehensive service: From application to ownership transfer
Financial Planning with 0% Deposit Equipment
Monthly Budget Planning
Traditional Equipment Purchase Impact: When you pay a large deposit, your monthly budget suffers:
• Immediate cash outflow: RM 50,000-150,000+ gone
• Reduced liquidity: Less cash for opportunities
• Opportunity cost: Missing investment returns
• Risk concentration: Large sum tied to single asset
0% Deposit Budget Benefits:
• Preserved liquidity: All cash remains available
• Flexible allocation: Deploy cash as needs arise
• Opportunity maximization: Invest in growth areas
• Risk distribution: Spread investments across multiple areas
Cash Flow Forecasting
12-Month Cash Flow with 0% Deposit:
Month 1:
• Equipment delivery and start operations
• Monthly payment: RM 8,500
• Preserved cash available: RM 100,000
• Revenue generation begins immediately
Months 2-6:
• Establish steady revenue stream
• Use preserved cash for business development
• Build emergency reserves
• Consider expansion opportunities
Months 7-12:
• Evaluate equipment ROI
• Plan for additional equipment if profitable
• Assess market expansion opportunities
• Consider refinancing at better rates if credit improves
Return on Investment Calculations
Example: RM 400,000 Excavator
Revenue Potential:
• Daily rate: RM 2,000-3,500 (depending on project)
• Working days per month: 20-25 days
• Monthly revenue: RM 40,000-87,500
• Operating costs: 30-40% of revenue
• Net monthly income: RM 24,000-52,500
Investment Returns:
• Monthly payment: RM 10,200 (0% deposit, 48 months)
• Net cash flow: RM 13,800-42,300 monthly
• Annual ROI: 41-127% on financed amount
• Payback period: 10-29 months depending on utilization
Preserved Cash Utilization: RM 80,000 preserved cash can generate:
• Working capital: 15-25% annual return
• Additional equipment deposits: Multiple asset acquisition
• Business development: Marketing, training, expansion
• Emergency fund: Risk mitigation and opportunity response
Tax Implications and Benefits
Capital Allowance Optimization:
• Initial Allowance: 20% of equipment cost
• Annual Allowance: 14% each subsequent year
• Tax rate application: 25% corporate tax
• Example: RM 400,000 equipment = RM 20,000 annual tax savings
Interest Deductibility:
• All interest payments are tax-deductible business expenses
• Reduces effective interest cost
• Example: 10% interest with 25% tax rate = 7.5% effective cost
Cash Flow Tax Benefits:
• Preserved cash can be deployed for tax-efficient investments
• Equipment purchase timing can be optimized for tax years
• Depreciation benefits apply to full equipment value
Risk Management and Insurance
Equipment Insurance Requirements
Comprehensive Coverage Mandatory: All 0% deposit financed equipment must carry comprehensive insurance covering:
Standard Coverage:
• Fire and theft protection
• Accidental damage coverage
• Third-party liability insurance
• Natural disaster protection
Additional Coverage Options:
• Mechanical breakdown insurance
• Loss of revenue protection
• Key person insurance
• Equipment replacement insurance
Insurance Cost Considerations
Annual Premium Calculation:
• Equipment value: RM 400,000
• Insurance rate: 1.5-3% of value annually
• Annual premium: RM 6,000-12,000
• Monthly cost: RM 500-1,000
Insurance vs. Self-Insurance: With 0% deposit, you have cash available for:
• Higher deductibles: Lower premiums
• Self-insurance fund: Cover minor damages yourself
• Risk mitigation: Preventive maintenance and training
Equipment Security and Protection
Physical Security Measures:
• Storage location: Secure compound or facility
• GPS tracking: Monitor location and usage
• Immobilization: Anti-theft systems
• Operator training: Reduce accident risks
Financial Risk Protection:
• Emergency reserves: Use preserved cash for unexpected costs
• Maintenance fund: Regular service prevents breakdowns
• Alternative income: Diversify revenue sources
• Insurance optimization: Right coverage at right cost
Long-term Equipment Ownership Strategy
Equipment Lifecycle Management
Years 1-2: Establishment Phase
• Focus on reliable operation and revenue generation
• Build maintenance fund from preserved cash
• Establish service relationships and parts supply
• Optimize utilization and efficiency
Years 3-4: Optimization Phase
• Consider upgrades or modifications
• Evaluate additional equipment needs
• Assess market expansion opportunities
• Plan for technology updates
Years 5+: Strategic Decision Phase
• Evaluate replacement vs. continued operation
• Consider trade-in for newer equipment
• Assess residual value and market conditions
• Plan fleet renewal strategy
Fleet Development Strategy
Single Equipment to Fleet Owner: Many successful contractors start with one machine and grow:
Phase 1: Single excavator (0% deposit)
• Prove concept and generate cash flow
• Build business relationships and reputation
• Develop operational expertise
Phase 2: Add complementary equipment
• Use cash generated to acquire additional machines
• Diversify capabilities and reduce risk
• Expand market reach and customer base
Phase 3: Fleet operations
• Multiple machines across different projects
• Economies of scale in maintenance and operations
• Market leadership and competitive advantages
Exit Strategies
Equipment Disposal Options: When equipment reaches end of useful life:
Trade-in Value:
• Apply remaining value to new equipment
• Reduce financing needed for replacement
• Continue 0% deposit strategy for new equipment
Outright Sale:
• Convert to cash for other investments
• Use proceeds for business expansion
• Apply to debt reduction if desired
Extended Operation:
• Continue operating if still profitable
• Reduce loan payments as equipment ages
• Maintain as backup or secondary equipment
Getting Started: Your Next Steps
Immediate Action Plan
Step 1: Equipment Assessment (Today)
• Identify exact equipment needed for your business
• Research suppliers and get preliminary quotations
• Calculate potential revenue and ROI
• Determine urgency and timeline
Step 2: Financial Preparation (This Week)
• Gather required documentation
• Organize bank statements and financial records
• Prepare business plan or project details
• Calculate monthly payment capacity
Step 3: Application Submission (Next Week)
• Contact Ing Heng Credit for initial consultation
• Submit application with complete documentation
• Provide equipment quotations and specifications
• Discuss terms and preferences
Step 4: Decision and Documentation (Week 2)
• Review approval terms and conditions
• Negotiate any adjustments needed
• Complete financing documentation
• Arrange equipment inspection if required
Step 5: Equipment Acquisition (Week 3)
• Coordinate delivery with supplier
• Arrange insurance coverage
• Complete registration if necessary
• Begin operations and revenue generation
Documentation Checklist
Personal Documents Required:
• Malaysian IC or passport copy
• 6 months personal bank statements
• 6 months business bank statements
• Income proof (contracts, invoices, EPF)
• Business registration certificate
• CIDB or professional licenses
Equipment Documents Required:
• Official quotation from dealer
• Equipment specifications and features
• Delivery terms and conditions
• Warranty information
• User manual and service information
Business Documents Required:
• Company registration (if applicable)
• Directors’ identification
• Current project contracts
• Client references
• Existing loan statements
Financial Planning Preparation
Budget Analysis Required:
• Monthly revenue projections
• Operating cost estimates
• Cash flow forecasts
• Equipment utilization plans
• Emergency fund requirements
Questions to Consider:
• How much monthly payment can you comfortably afford?
• What revenue can the equipment generate?
• How will you use preserved cash for business benefit?
• What is your growth plan for the next 2-3 years?
• How does this equipment fit your overall business strategy?
Contact Information and Support
Primary Contact Channels
WhatsApp (Fastest Response): +60175700889
• Send equipment details and IC photo
• Get preliminary assessment within hours
• Ask questions anytime (business hours)
Phone Consultation: +603-3362 1588
• Speak directly with financing specialists
• Get detailed explanations of terms
• Schedule appointment if needed
Email Communication: info@inghengcredit.com
• Send detailed documentation
• Receive formal quotations and terms
• Keep written records of communication
Office Visit: 47A, Jalan Raya Timur, Taman Rashna, 41200 Klang
• Face-to-face consultation available
• Document review and guidance
• Meet the team and see our operation
Operating Hours and Response Times
Business Hours:
• Monday-Friday: 9:00 AM - 6:00 PM
• Saturday: 9:00 AM - 1:00 PM
• Sunday: Closed
Response Times:
• WhatsApp: Within 1 hour (business hours)
• Phone calls: Immediate during business hours
• Email: Within 24 hours
• Urgent matters: Call for fastest response
What to Expect from Our Service
Professional Service Standards:
• Clear explanations in English, Malay, or Mandarin
• No pressure sales tactics
• Transparent terms and conditions
• Competitive rates and flexible terms
• 40+ years of experience and expertise
Commitment to Clients:
• Fast approval process
• High success rate for qualifying applications
• Ongoing support throughout loan term
• Equipment expertise and market knowledge
• Relationship-based approach to financing
About Ing Heng Credit & Leasing
Since 1985, Ing Heng Credit has been Malaysia’s trusted equipment financing specialist. We understand that contractors, logistics companies, and manufacturers need cash flow flexibility to grow their businesses. Our 0% deposit equipment financing solution preserves your working capital while providing access to the equipment you need.
With over 4,000 satisfied customers and 40+ years of experience, we’ve helped Malaysian businesses acquire the equipment they need to succeed. From small contractors buying their first excavator to large companies expanding their fleets, we provide flexible financing solutions that work.
Published: December 21, 2025 Author: Ing Heng Credit & Leasing Team Read Time: 12 minutes Keywords: equipment financing 0 deposit Malaysia, zero deposit equipment financing, 100% equipment financing Malaysia
## Ready to Get Started?Contact us today for fast financing approval. 95% approval rate, competitive rates from 2.88% p.a.