Lorry with Crane Financing Malaysia: 0% Down Payment | Hiab Loan

Yes! Banks typically reject crane lorries over 10 years old. Ing Heng Credit evaluates the condition and operational capability, not just age. A well-maintained 15-year-old Hiab lorry can qualify for financing with 20-30% down payment and appropriate loan terms. Provide photos and service records to strengthen your application.

Yes, 0% down payment is available for qualified applicants and specific equipment types. We assess your business track record and the asset value. New businesses or older equipment may require a 10-20% down payment.

We offer fast credit decisions, typically within 24-48 hours of receiving complete documentation. Our standard process from application to disbursement takes 3-5 days, ensuring you don't lose out on urgent project contracts.

Absolutely. We finance all major crane brands in Malaysia, including Hiab, Palfinger, FASSI, and PM Crane. We also cover the lorry chassis from brands like Isuzu, Hino, and UD Trucks.

Minimum loan: RM50,000. Maximum loan: RM3,000,000 for heavy crane lorries or fleet financing. Typical crane lorry loans range from RM80,000 (used 3-ton mini crane lorry) to RM800,000 (new 15-ton Hiab/Palfinger on heavy chassis).

We accept all major crane brands — Hiab, Palfinger, PM Crane, FASSI, Tadano, Kato, Liebherr. Lorry chassis brands include Isuzu, Hino, Mitsubishi Fuso, UD Trucks, Mercedes-Benz, MAN, Scania, and Chinese brands (Dongfeng, FAW, SINOTRUK). Both locally assembled and imported units accepted.

Individuals: IC, 6 months bank statements, proof of income (delivery contracts, invoices). Companies: SSM registration, company bank statements (6 months), directors' IC, audited accounts (if available), current contracts or purchase orders. Crane lorry documents: JPJ registration card, roadtax, puspakom inspection report (for used units).

Yes! We evaluate the full picture — your current contracts, cash flow, and ability to repay. Many construction contractors and logistics operators with past credit issues have been approved. What matters is your current business income and the asset value of the crane lorry.

Down payment varies: New crane lorry — from 0%* to 20% (*subject to qualification). Used crane lorry (5-10 years) — typically 10-20%. Used crane lorry (10-15 years) — typically 20-30%. Older units or high-risk applicants — 30-40%. We work with you to find the right structure for your cash flow.

Loan terms from 12 to 84 months (1-7 years). Longer terms mean lower monthly payments but higher total interest. Most clients choose 48-60 months for the right balance of cash flow and total cost. We can structure payments to match your contract cycle.

Yes! New businesses can apply. Requirements include: SSM registration, directors' IC, business bank account, contracts or letters of intent from clients. We assess the viability of your business plan and the asset value of the crane lorry as security.

Interest rates range from 6% to 12% annually, depending on credit profile, loan amount, loan term, crane lorry age and condition. Rate is fixed for the full loan term — no surprises. Get a free quote via WhatsApp for your specific situation.

For new factory-fitted crane lorries, we finance the complete unit as one loan. For retrofits (adding crane to existing lorry), we can explore options. WhatsApp us your specific situation for a tailored solution.

Yes! Crane lorry rental operators are eligible. Your rental contracts and utilization records support the loan application. We understand crane rental is a stable, asset-backed business in Malaysia. Fleet financing available for 2+ units at competitive rates.

Standard cases: fast approval decision, 3-5 days for documentation and disbursement. Urgent cases (tight project deadlines) can be fast-tracked with complete documentation. We know construction timelines — we move fast when you need it.