Prime Mover Startup 2026: Launch Transport Business with 0% Down Payment
Start your transport business with prime mover financing. 0% down payment for new businesses. 100% full loan. Fast approval for startups.
Quick Summary: Starting a transport business needs prime mover financing. Banks require 2 years trading history. Ing Heng Credit approves startups with 0% down payment based on contracts and business plan.
Why Banks Reject Startups
- No Trading History: Banks want 2+ years records
- New SSM: Business too new to evaluate
- No Financial Records: Can’t prove past performance
- High Risk Category: Transport seen as risky
- Guarantor Required: Banks want collateral
Startup Financing: Bank vs. Ing Heng Credit
Factor Banks Ing Heng Credit
Trading History 2+ years required Not required
Down Payment 15-20% required 0% - No deposit
Guarantor Required Not required
Approval Time 4-6 weeks 24-48 hours
What We Look For: Startup Approval
Signed Contracts
Agreements with logistics companies or factories show guaranteed work.
Route Knowledge
Experience as driver or coordinator proves you know the business.
Business Plan
Clear strategy for clients, routes, and growth.
Industry Experience
Years in transport industry show capability.
Startup Success: Real Stories
First-Time Business Owner - Approved
“Worked as prime mover driver for 8 years. Wanted to start own business. Had 3 signed contracts from former employers who guaranteed loads. Banks rejected - no business history. Ing Heng evaluated my experience, contracts, route knowledge. Approved 2 used prime movers with 0% down. First month profit RM45,000. 2 years later, 5 trucks running. Startup dream became reality.”
- Zainal Abidin, Business Owner
Factory Partnership Startup - Approved
“Partnered with furniture factory. They guaranteed daily loads to KL, Penang, JB. Had letter of intent for 5-year contract. Banks rejected - new SSM, no track record. Ing Heng saw the contract value, verified factory credibility. Approved 1 new prime mover with 0% down. Monthly revenue RM85,000 from factory alone. Plus extra jobs on weekends. Truck paid in 4 months. Now adding second truck.”
- Raju Muthu, Transport Startup
Startup Capital Breakdown
Expense Traditional (Bank) Ing Heng Credit
Prime Mover (RM150k) RM22,500 down RM0 down
First Month Fuel RM15,000 RM15,000
Driver Salary RM5,000 RM5,000
Insurance & Tax RM10,000 RM10,000
Working Capital RM0 (no cash left) RM22,500 preserved
Total Startup Cash RM52,500 RM30,000
Why Choose Ing Heng Credit for Startup?
0% Down Payment
Preserve RM22,500+ for operations and growth.
No Trading History
Start fresh with contracts and experience.
Fast Approval
Get approved in 24-48 hours and start operations.
No Guarantor Needed
Based on business potential, not collateral.
Get Started Today
Ready to start your transport business? Contact us with your business plan and contracts.