WHAT WE OFFER?
We provide a credit facility in the form of supplying raw materials for building construction, paints, fertilizers, agro-chemical, hardware, tools and any related products to the construction activities as to meet your need and requirements. Not only that, we also in the midst of diversifying our business portfolio and will be extending our credit facility to other sectors upon requests. Thus, our products ranges are not limited to building materials only but broader.
HOW WE CATER YOU WITH OUR SERVICES?
The credit limit granted may vary from one to another and is subject to applicant’s financial standings and strengths. The maximum credit limit is up to RM10.0 million (on conditional basis). Upon granted a Credit Facility, you shall entitle for 30 or 60 days credit terms to enjoy free interest charges of 1.5% per month. The repayment shall be made through various payment modes which deemed legal and accepted by PTSB. Like other revolving credit facilities, our credit facility also provides conveniences to our customers where they can frequently use the account as long the amount utilization is within credit limit and promptly paid. At this moment, there is no maximum tenure sets for each account approved. However, regular review of credit limit will be conducted. During the review, your credit limit may be revised accordance to your current needs and positions. Therefore, our credit facility is flexible and competitive in the market. In addition, we promise to process all new application within 3 working days upon receiving of complete documents.
WHO IS ENTITLED?
We offer this credit facility to individuals, sole-proprietorship, partnerships and companies.
Categories Dealer Contractor
Credit Limit (RM) Min. RM10,000.00 Max. RM500,000.00 (Subject to income justification) Min. RM15,000.00 Max. RM1,000,000.00 (Subject to income justification) Accumulated Limits1 Up to RM10.0mil
Tenure Annually reviewed
  • Up to completion Date; or
  • Quarterly Reviewed (if applicable)
Mode of Payment Cash, Cheque, Online Transfer Cash, Cheque, Online Transfer
Criteria / Eligibility
  • Trading License; and
  • Copy of NRIC for owner(s) / directors / guarantors / authorized personnel; and
  • 6 months banks statement; and/or
  • Income tax statement; and/or
  • 3 years Audited Account; and/or
  • Latest Management Accounts
    • Tenancy Agreement where the company is operated
  • Trading License; and
  • Copy of NRIC for owner(s) / directors / guarantors / authorized personnel; and
  • 6 months banks statement; and/or
  • Income tax statement; and/or
  • 3 years Audited Account; and/or
  • Latest Management Accounts; and
  • New Letter of Award(s); List of completed projects (if available)
Collateral(s)
  • Bank Guarantee; and/or
  • Post-Dated Cheques (PDCs); and/or
  • Letter of Credits (LC); and/or Any collateral deemed accepted by PTSB
  • Bank Guarantee; and/or
  • Post-Dated Cheques (PDCs); and/or
  • Letter of Credits (LC); and/or
  • Deed of Assignment (for project); Any collateral deemed accepted by PTSB
Notes:
  • Approval is subject to applicant’s creditworthiness and genuineness
  • Open to individual with strong justification
  • Cash transaction is accepted
  • Total of combine limit within branches or few accounts.
Apply Online