Prime Mover 0% Deposit 2026: Full Loan Financing Available

0% Deposit: Full Prime Mover Financing

Traditional financing requires 10-20% down payment. On a RM300,000 prime mover, that's RM30,000-RM60,000 cash upfront. Ing Heng Credit offers 0% deposit financing. 100% of truck value funded. Preserve cash for operations.

How 0% Deposit Works

Traditional Financing (10% Down)

Prime Mover Price: RM300,000

• Down payment: RM30,000
• Loan: RM270,000 (90%)
• Cash out: RM30,000 upfront
• Monthly: ~RM5,000-RM5,800

Ing Heng 0% Deposit

Prime Mover Price: RM300,000

• Down payment: RM0
• Loan: RM300,000 (100%)
• Cash out: RM0 upfront
• Monthly: ~RM5,500-RM6,400
• Cash preserved: RM30,000

Use Preserved Cash for Operations

First Month Operating Costs

With RM30,000 Down Payment:
• Cash tied up: RM30,000
• Available for operations: RM0
• Must find additional capital for fuel, drivers, insurance

With 0% Deposit:
• Cash preserved: RM30,000
• Available for operations immediately
• First month fuel: RM12,000
• Driver salaries: RM8,000
• Insurance: RM5,000
• Road tax: RM1,000
• Emergency fund: RM4,000

Comparison Table

Prime Mover Price	Bank 10% Down	Bank 20% Down	Ing Heng 0% Down
RM150,000 (Used)	RM15,000 down	RM30,000 down	RM0
RM300,000 (Used)	RM30,000 down	RM60,000 down	RM0
RM400,000 (New)	RM40,000 down	RM80,000 down	RM0

Multi-Truck Savings

5 Prime Mover Fleet

RM200,000 Each (Used):

• Total value: RM1,000,000
• Bank 10% down: RM100,000
• Bank 20% down: RM200,000
Ing Heng 0% down: RM0

Cash Preserved: RM100,000-RM200,000

Use For:
• 2 months fuel: RM100,000
• 5 drivers salaries: RM40,000
• Insurance fleet: RM25,000
• Operations: RM35,000

Real Business Impact

Scenario: New Transport Business

Starting with 2 Trucks (RM400,000 Total):

With Bank 10% Down:
• Down payment: RM40,000
• Remaining cash: RM10,000
• Can operate 2 weeks before running out of cash
• Revenue: RM80,000 in 2 weeks
• Risk: Insufficient buffer for emergencies

With 0% Down:
• Down payment: RM0
• Remaining cash: RM50,000
• Can operate 3 months
• Revenue: RM480,000 in 3 months
• Safety margin: RM30,000+ buffer

Eligibility for 0% Deposit

• Business Registration: Valid SSM registration
• Operation Track Record: 6+ months preferred (not required for used trucks)
• Income Proof: Bank statements, contracts, invoices
• Driver License: Valid licenses for each truck
• Business Viability: Demonstrated revenue or contracts

Documents Required

• Business registration (SSM)
• Director's IC (both sides)
• 6 months bank statements
• Business invoices/contracts
Driver licenses
• Truck quotation/proforma invoice

Approval Time

Ing Heng Credit: 24-48 hours

Process:
• Day 1: Submit application
• Day 2: Approval
• Day 3-5: Documentation
• Day 6-10: Truck purchase and registration
• Day 11: Deploy truck

Success Stories

Startup Transport - 2025

"Starting transport business with RM50,000 capital. Bank approved financing but required RM30,000 down payment. Would leave RM20,000 for operations—not enough. Ing Heng offered 0% down. Preserved RM30,000. Used for 2 months operations while building revenue. First month profit: RM45,000. Second month: RM55,000. By month 3, had RM130,000 cash. Bought second truck with profits. 0% down made startup possible without draining working capital."

— Ahmad Fahmi, Transport Owner

Fleet Expansion - 2024

"Operating 3 trucks, wanted to add 2 more. RM400,000 total. Bank wanted RM40,000-RM80,000 down. Cash tied in existing operations. Ing Heng approved 0% down. Added 2 trucks immediately. CNY 2025 revenue from 2 new trucks: RM220,000 in February alone. Paid financing for entire year with 1 month CNY revenue. 0% down let me expand without touching operating cash."

— Sarah Lim, Fleet Manager

Ing Heng Credit: 0% Deposit Specialist

• 0% Down Payment: No deposit required
• 100% Financing: Full truck value funded
• No Age Limit: Used trucks any age
• Fast Approval: 24-48 hours
• Flexible Terms: 3-7 years

The Bottom Line

0% deposit preserves RM15,000-RM80,000 per truck. Use cash for operations instead of tying it up in down payment. Start or expand transport business without draining working capital.