Web17 feb. 2024 · Here are five steps to apply and get a small-business loan. 1. Decide what type of loan you need to fund your business. Which type of business loan is right for you … WebPer annum means the interest rate will be charged annually. For example, if you are borrowing RM10,000 and your personal loan interest rate is 5% per annum, your annual interest will be RM500. Repayment / Instalment. Your monthly repayment or instalment is the fixed amount you have to pay every month for your personal loan.
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