# SME Equipment Package 2026 - 5+ Units Deal Need 5 or more equipment units? SME package deals with special terms available in 2026. ## What is SME Equipment Package? SME Package means: - 5+ units single application - Special fleet rates - Simplified documentation - Package discount terms ## 2026 SME Package Benefits **Package Advantages:** 1. **Lower Interest Rates** - Fleet rate: 0.3-0.5% lower - Volume discount - Better terms for multiple units 2. **Single Application** - One approval for all units - Unified documentation - Faster processing - Easier management 3. **Flexible Mix** - Different equipment types OK - Various brands accepted - New + used combination - Customized packages 4. **Package Terms** - 0% down payment - 3-7 year options - Staggered delivery - Progressive drawdown ## Real SME Package Examples **Package 1: Construction Fleet (5 Units)** **Equipment:** - 2x Komatsu PC200 excavators (RM 360k) - 2x ISUZU lorries (RM 240k) - 1x Toyota forklift (RM 45k) - **Total: RM 645,000** **Individual Financing:** - 5 separate applications - Different terms - Higher interest - Complex management **SME Package:** - Single application - Special rate: 4.8% (vs 5.3%) - 5-year term - Monthly: RM 12,100 - **Savings: RM 300/month** **Package 2: Warehouse Equipment (6 Units)** **Equipment:** - 4x Toyota 3-ton forklifts (RM 180k) - 2x Toyota 5-ton forklifts (RM 110k) - **Total: RM 290,000** **SME Package:** - 0% down payment - 4-year term - Monthly: RM 6,700 - Single approval - Staggered delivery OK **Package 3: Logistics Fleet (8 Units)** **Equipment:** - 5x ISUZU NPR lorries (RM 400k) - 3x FUSO lorries (RM 240k) - **Total: RM 640,000** **SME Package:** - Fleet rate: 4.7% - 5-year term - Monthly: RM 11,900 - Progressive funding - Delivery over 3 months ## SME Package vs Individual Financing | Feature | Individual | SME Package (5+ units) | |---------|-----------|------------------------| | **Applications** | 5 separate | 1 combined | | **Interest Rate** | 5.0-5.5% | 4.5-5.0% | | **Down Payment** | 0-20% each | 0% all units | | **Documentation** | 5 sets | 1 set | | **Approval Time** | 2-3 weeks | 48-72 hours | | **Management** | 5 loans | 1 facility | ## 2026 SME Package Eligibility **Qualification Criteria:** 1. **Minimum 5 Units** - Same equipment type OR - Mixed equipment OK - Total value RM 200k+ - Single approval 2. **Business Stability** - 1+ year operation - Regular income - Growing trend - Good management 3. **Package Purpose** - Business expansion - Fleet upgrade - New operations - Capacity increase ## Equipment Mix Options **Allowed Combinations:** **Option 1: Same Type** - 5 excavators - Same/different models - Unified terms - Simple approval **Option 2: Mixed Construction** - 3 excavators + 2 lorries - 2 excavators + 2 lorries + 1 forklift - Any combination - Package rate **Option 3: Warehouse Fleet** - 6 forklifts (various capacities) - 4 forklifts + 2 stackers - Any warehouse equipment - Fleet terms **Option 4: Logistics Mix** - 5 lorries + 3 prime movers - 4 lorries + 2 vans + 2 forklifts - Any logistics equipment - Package approval ## SME Package Interest Rates 2026 **Volume-Based Rates:** | Package Size | Standard Rate | Package Rate | Savings | |--------------|---------------|--------------|---------| | **5 units** | 5.0-5.5% | 4.7-5.0% | 0.3-0.5% | | **10 units** | 5.0-5.5% | 4.5-4.8% | 0.5-0.7% | | **15+ units** | 5.0-5.5% | 4.3-4.6% | 0.7-0.9% | **Example Savings (RM 1M package):** - Standard: RM 50,000/year interest - Package: RM 45,000/year interest - **Annual savings: RM 5,000** ## SME Package Terms **Flexible Structures:** **Option 1: Unified Term** - All units: Same term (5 years) - Single monthly payment - Simple management - Easy tracking **Option 2: Staggered Term** - Excavators: 5 years - Lorries: 4 years - Forklifts: 3 years - Tailored to equipment life **Option 3: Progressive Funding** - Phase 1: 3 units now - Phase 2: 2 units in 3 months - Phase 3: 3 units in 6 months - Matches cash flow ## SME Package Documentation **Required Documents:** 1. **Business Documents** - SSM registration - Business license - 12 months bank statements 2. **Package Details** - All equipment quotations - Delivery schedule - Total package value - Mix justification 3. **Repayment Plan** - Projected income - Phase deployment - Revenue timeline - Budget allocation 4. **Business Plan** - Expansion details - Market analysis - Client contracts - Growth strategy ## 2026 SME Package Benefits **Advantages:** 1. **Cost Savings** - Lower interest rate - No application fees - Single legal cost - Bulk discount 2. **Time Savings** - One approval process - Unified documentation - Faster decision - Quick deployment 3. **Management Ease** - Single monthly payment - One statement - Simple tracking - Easy reporting 4. **Flexibility** - Staggered delivery - Progressive funding - Mixed equipment - Custom terms ## Real SME Package Success **Case: Construction Company Expansion** **Background:** - 3-year contractor - Current: 2 old excavators - Opportunity: Large infrastructure project - Need: 5 more excavators **SME Package:** - 5x Komatsu PC200 (RM 900k) - Package rate: 4.6% - 5-year term - Monthly: RM 16,800 - 0% down payment **Individual would be:** - Rate: 5.2% - Monthly: RM 17,100 - **Savings: RM 300/month = RM 18,000 total** **Outcome:** - Project secured - Fleet operational - Repaying on schedule - Business expanded 3x ## SME Package for Different Industries **Construction:** - Excavators, backhoes, loaders - 5+ units common - High value packages - Long-term projects **Logistics:** - Lorries, prime movers, vans - 5-20 units typical - Medium value packages - Growing demand **Warehouse:** - Forklifts, stackers, reach trucks - 5-15 units normal - Lower value per unit - Higher volume packages **Manufacturing:** - Production equipment, machines - 5+ specialized units - High value packages - Custom terms ## Bad Credit SME Package **Challenge:** - Need 5+ units - CCRIS issues - Bank rejected **Ing Heng SME Package:** - Package approval available - Equipment-focused - Income-based - Bad credit considered ## SME Package vs Large Fleet **SME Package (5-15 units):** - Simplified process - Competitive rates - Fast approval - Flexible terms **Large Fleet (15+ units):** - Special pricing - Custom structure - Priority processing - Dedicated support ## 2026 SME Package Tips **Tip 1: Plan Package Mix** - Combine new + used - Match equipment to needs - Consider resale value - Optimize package **Tip 2: Prepare Documentation** - Complete business plan - Future contracts - Revenue projections - Deployment schedule **Tip 3: Consider Staggered Delivery** - Phase deployment - Match cash flow - Progressive funding - Lower initial burden **Tip 4: Compare Individual vs Package** - Calculate total savings - Consider management ease - Evaluate terms - Choose best option ## Get SME Package Quote Need 5+ equipment units? Contact Ing Heng for SME package assessment with special fleet rates. --- **Need 10+ units?** See [Large Fleet Financing](/blog/large-fleet-2026-10-units-strategy-malaysia).