0% Deposit: Full Prime Mover Financing

Traditional financing requires a sizable upfront deposit. 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 Deposit required: 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
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.

0% Deposit Prime Mover Financing

100% full loan. Approved in 24-48 hours.

Contact: +60175700889 (WhatsApp) | 03-3324 8899 (Phone)

Prime Mover 0% Deposit 2026: Full Loan Financing Available