New Company Equipment 2026 - Startup
New company equipment financing 2026. First equipment purchase for startup businesses in Malaysia.
Ing Heng Credit Team β’ β’ 3 min read
# New Company Equipment 2026 - Startup
New company equipment financing for first purchase in 2026. Startup-friendly equipment loans available.
## New Company Challenge
**Banks Require:**
- 2+ years operation
- Audited accounts
- Strong track record
- Property collateral
**Startups Have:**
- 6-12 months operation
- No audited accounts
- Limited history
- Equipment need
## 2026 New Company Solutions
**Startup-Friendly Approval:**
**We Consider:**
- 6+ months operation OK
- Business bank statements sufficient
- Owner experience valued
- Equipment viability important
- **70% approval rate for startups**
## Real New Company Approvals
**Case 1: 8-Month Construction Startup**
**Age:** 8 months operation
**Need:** Komatsu PC200
**Owner:** 10 years construction experience
**Proof:** 6 months bank statements, 2 contracts
**Financing:** RM 180,000, 0% down
**Approved:** 72 hours
**Case 2: 6-Month Logistics Startup**
**Age:** 6 months operation
**Need:** 2 ISUZU lorries
**Owner:** Ex-logistics manager
**Proof:** Revenue growing, client orders
**Financing:** RM 240,000, 10% down
**Approved:** 5 days
## New Company vs Established
| Factor | Established (2+ yrs) | New Company (6-12 mo) |
|--------|---------------------|----------------------|
| **Approval Rate** | 90% | 70% |
| **Down Payment** | 0-10% | 10-20% |
| **Interest** | 4.5-5.5% | 5.0-6.0% |
| **Term** | 5-7 years | 3-5 years |
## Startup Approval Criteria
**What We Need:**
1. **Minimum 6 Months Operation**
- SSM registration
- Business activity
- Bank statements
- **Prove viability**
2. **Owner Experience**
- Industry background
- Previous employment
- Skills relevant
- **Knowledge important**
3. **Initial Performance**
- Regular deposits
- Growing trend
- Client base building
- **Positive trajectory**
4. **Equipment Essential**
- Right for business
- Fair price
- Good brand
- **Resale value**
## New Company Interest
| Operation Length | Rate | Down Payment |
|------------------|------|--------------|
| **6-12 months** | 5.5-6.5% | 10-20% |
| **12-18 months** | 5.0-6.0% | 5-15% |
| **18-24 months** | 4.8-5.5% | 0-10% |
## Get New Company Equipment
New company (6+ months) need equipment? Apply for startup-friendly equipment financing.
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**First equipment guide?** See [Startup Equipment 2026](/blog/startup-equipment-2026-first-purchase-guide).