No EPF Equipment 2026 - Income-Based
No EPF equipment financing 2026. Income-based approval for business owners without EPF contributions.
Ing Heng Credit Team β’ β’ 3 min read
# No EPF Equipment 2026 - Income-Based
No EPF contributions but need equipment? Income-based equipment financing for business owners in 2026.
## Why No EPF Issue?
**Common Situations:**
- Self-employed (no EPF)
- Business owner (EPF optional)
- Foreigner (no EPF)
- Small business (not contributing)
- **Banks require EPF proof**
## 2026 No EPF Solutions
**Income-Based Approval:**
**Instead of EPF, We Accept:**
- Business bank statements
- SOCSO contributions
- Business tax returns
- Business revenue proof
- **Income verified via business**
## Real No EPF Approvals
**Case 1: Self-Employed Contractor**
**Profile:** No EPF, self-employed 5 years
**Need:** Komatsu PC200
**Proof:** Business bank statements, contracts
**Financing:** RM 180,000, 0% down
**Approved:** 48 hours
**Case 2: Foreign Business Owner**
**Profile:** Indonesian, no Malaysian EPF
**Need:** 3 lorries for logistics
**Proof:** Business registration, revenue, work permit
**Financing:** RM 360,000, 10% down
**Approved:** 72 hours
## No EPF vs Bank Requirements
| Requirement | Bank | Income-Based Solution |
|-------------|-------|----------------------|
| **EPF** | Required | Not required |
| **Proof** | EPF statement | Bank statements, tax |
| **Approval** | Auto-reject no EPF | Income-based approval |
| **Rate** | Same | Same |
## Documentation (No EPF)
**Acceptable Proof:**
1. **Business Bank Statements**
- 6-12 months
- Regular deposits
- Business income
- **Primary proof**
2. **Business Tax Returns**
- Latest Form B
- Business income declared
- Tax paid
- **Supporting proof**
3. **SOCSO** (if any)
- Contributions made
- Employee records
- **Helpful**
## No EPF Interest Rates
| Proof Quality | Rate | Down Payment |
|--------------|------|--------------|
| **Strong bank statements** | 4.8-5.3% | 0-10% |
| **Moderate proof** | 5.3-5.8% | 10-20% |
| **Basic proof** | 5.8-6.5% | 20-30% |
## Get No EPF Equipment
No EPF but need equipment? Apply for income-based equipment financing.
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**Other proof issues?** See [No Collateral Equipment](/blog/equipment-no-collateral-2026-income-based-loan).