¶¶Òõ¶ÌÊÓƵ

All Countries
Banking
Application For Credit Facility Letter

Application For Credit Facility Letter Template for Malaysia

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Application For Credit Facility Letter

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Application For Credit Facility Letter

"I need an Application For Credit Facility Letter for my manufacturing company based in Penang, Malaysia, requesting a working capital facility of RM 5 million from CIMB Bank, with property and machinery as collateral, to be disbursed by March 2025."

Celebrated by
Collaborations with
Investors
Document background
The Application For Credit Facility Letter is a crucial document in Malaysian banking transactions, used when businesses or individuals seek to obtain financing from financial institutions. This document is required under Malaysian banking regulations and must comply with the Financial Services Act 2013 and Bank Negara Malaysia guidelines. It typically precedes the formal facility agreement and contains comprehensive information about the borrower's funding requirements, proposed security arrangements, financial position, and the intended use of funds. The document helps financial institutions assess credit worthiness and make informed lending decisions while ensuring compliance with regulatory requirements. It forms the basis for subsequent credit approval and documentation processes.
Suggested Sections

1. Bank's Details and Reference: Letter header including bank's name, branch, address, and reference number

2. Date: Date of the letter

3. Addressee Details: Customer's name and complete address

4. Facility Overview: Brief introduction stating the approval of credit facility and reference to the application

5. Facility Type and Amount: Clear statement of the type of facility and the approved amount

6. Interest Rate and Fees: Detailed breakdown of interest rates, processing fees, and other charges

7. Repayment Terms: Repayment schedule, tenure, and payment methods

8. Security Requirements: Required collateral, guarantees, or other security arrangements

9. Conditions Precedent: Prerequisites that must be fulfilled before the facility becomes effective

10. Representations and Warranties: Standard declarations required from the borrower

11. Events of Default: Circumstances that would constitute default

12. Acceptance Section: Space for customer's acknowledgment and acceptance of terms

Optional Sections

1. Insurance Requirements: Required when the facility requires specific insurance coverage

2. Foreign Exchange Provisions: Included for facilities involving foreign currency

3. Property Details: Required when the facility is for property financing

4. Cross Default Provisions: Included when the borrower has multiple facilities

5. Special Conditions: Any facility-specific conditions or requirements

6. Regulatory Compliance: Specific regulatory requirements based on facility type

7. Review Clause: Terms for periodic review of facility, if applicable

Suggested Schedules

1. Schedule 1 - Facility Details: Detailed breakdown of the facility structure and limits

2. Schedule 2 - Fee Schedule: Comprehensive list of all applicable fees and charges

3. Schedule 3 - Security Documents: List of required security documents and their formats

4. Schedule 4 - Disbursement Schedule: Timeline and conditions for facility disbursement

5. Appendix A - Required Documents: Checklist of documents required from the borrower

6. Appendix B - Standard Terms and Conditions: Bank's standard terms and conditions applicable to the facility

7. Appendix C - Repayment Schedule: Detailed amortization or repayment schedule

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓƵ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions








































Clauses






























Relevant Industries

Banking and Financial Services

Real Estate and Property

Manufacturing

Retail and Commercial

Construction

Agriculture

Technology and Communications

Healthcare

Education

Transportation and Logistics

Hospitality and Tourism

Relevant Teams

Legal

Finance

Treasury

Credit

Risk Management

Compliance

Corporate Secretarial

Business Development

Operations

Account Management

Relevant Roles

Chief Financial Officer

Finance Director

Treasury Manager

Financial Controller

Credit Manager

Relationship Manager

Credit Analyst

Legal Counsel

Compliance Officer

Risk Manager

Corporate Secretary

Business Development Manager

Account Manager

Banking Officer

Finance Manager

Industries








Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Credit Card Use Agreement

A Malaysian law-governed agreement establishing terms and conditions between a financial institution and credit card holder, compliant with Bank Negara Malaysia's guidelines.

find out more

Revolving Credit Contract

Malaysian law-governed agreement establishing a revolving credit facility between a lender and borrower, setting out terms for ongoing credit access and repayment.

find out more

Debt Consolidation Agreement

A Malaysian law-governed agreement that consolidates multiple existing debts into a single loan with unified terms and conditions.

find out more

Credit Arrangement Letter

A Malaysian banking document that formalizes credit facility terms and conditions, governed by Malaysian financial services laws and central bank regulations.

find out more

Voluntary Surrender Agreement

A Malaysian legal document facilitating the voluntary surrender of property rights or tenancy before term expiry, governed by Malaysian property and contract law.

find out more

Incidental Credit Agreement

A Malaysian-law governed agreement establishing terms for incidental credit facilities related to goods or services purchases.

find out more

Factoring Agreement With Recourse

A Malaysian law-governed agreement for the purchase of accounts receivable by a financial institution with right of recourse against the seller.

find out more

Application For Credit Facility Letter

A Malaysian banking document used to formally apply for credit facilities from financial institutions, complying with local banking regulations and guidelines.

find out more

Agreement Letter For Money Lending

A Malaysian law-compliant agreement establishing terms and conditions between a licensed money lender and borrower for a loan transaction.

find out more

Payment Plan Letter To Debtor

A legally binding payment arrangement letter under Malaysian law that establishes structured debt repayment terms between creditor and debtor.

find out more

Line Of Credit Contract

A Malaysian law-governed agreement establishing a revolving credit facility between a lender and borrower, setting out terms for borrowing, repayment, and redrawing of funds.

find out more

Credit Payment Agreement Letter

A Malaysian-law governed document that formalizes credit payment terms and conditions between a creditor and debtor, establishing legally binding payment obligations.

find out more

Credit Partner Agreement

A Malaysian-law governed agreement establishing partnership terms between financial institutions and credit partners for credit facility operations.

find out more

Credit Facility Term Sheet

A Malaysian law-governed preliminary document outlining key terms and conditions for a proposed credit facility between a lender and borrower.

find out more

Personal Credit Agreement

A Malaysian law-governed agreement establishing terms for personal credit between a financial institution and individual borrower.

find out more

Credit Enhancement Agreement

A Malaysian law-governed agreement where a third party provides credit support to strengthen a financial obligation, compliant with Malaysian banking and financial services regulations.

find out more

Short Term Credit Agreement

A Malaysian law-governed agreement establishing terms for short-term credit facilities between a lender and borrower, compliant with local financial regulations.

find out more

Credit Term Agreement

A Malaysian law-governed agreement establishing credit terms between a provider and borrower, detailing financial obligations and security arrangements.

find out more

Standby Credit Agreement

A Malaysian law-governed agreement establishing a bank's commitment to provide standby credit facilities, detailing issuance terms, drawing conditions, and party obligations.

find out more

Letter Of Credit Facility Agreement

A Malaysian law-governed agreement establishing terms for a bank to issue letters of credit, detailing facility limits, conditions, and parties' obligations.

find out more

Revolving Credit Facility Agreement

A Malaysian law-governed agreement establishing a revolving credit facility between lender and borrower, allowing multiple drawdowns and repayments within an agreed limit.

find out more

Term Loan Credit Agreement

A Malaysian law-governed agreement establishing terms and conditions for a fixed-term loan facility, compliant with local banking regulations and market practices.

find out more

Home Equity Agreement

A Malaysian-compliant agreement governing equity sharing arrangements between property owners and investors in residential properties.

find out more

Letter Of Credit Contract

A Malaysian-law governed banking document that establishes terms for issuing Letters of Credit in international trade transactions.

find out more

Creditor Agreement

A Malaysian law-governed agreement establishing the terms and conditions between a creditor and debtor for a credit facility or loan arrangement.

find out more

Credit Note Agreement

A Malaysian law-governed agreement that formally documents the issuance and terms of a credit note between parties, including amount, validity, and redemption terms.

find out more

Credit Application Agreement

Malaysian-law governed Credit Application Agreement establishing terms for credit facilities, compliant with local financial regulations and banking practices.

find out more

Revolving Line Of Credit Agreement

A Malaysian law-governed agreement establishing a revolving credit facility that allows for multiple drawdowns and repayments up to an agreed limit.

find out more

Term Facility Agreement

A Malaysian law-governed agreement establishing terms and conditions for a term loan facility between lender and borrower, including facility details, repayment terms, and security arrangements.

find out more

Employee Credit Card Agreement

A Malaysian law-compliant agreement governing the issuance and use of corporate credit cards by employees.

find out more

Consumer Credit Contract

A Malaysian law-governed consumer credit agreement establishing terms for providing credit facilities to individual consumers, compliant with local financial and consumer protection regulations.

find out more

Money Lending Contract

A Malaysian law-compliant agreement between a licensed moneylender and borrower establishing terms for loan provision and repayment.

find out more

Consumer Credit Agreement

A Malaysian law-governed agreement establishing terms for consumer credit facilities, compliant with local financial services and consumer protection regulations.

find out more

Line Of Credit Agreement

A Malaysian law-governed agreement establishing a revolving credit facility between a lender and borrower, setting out terms for borrowing, repayment, and security arrangements.

find out more

Credit Assignment Agreement

A Malaysian law-governed agreement for transferring credit rights and obligations from one party to another, ensuring compliance with local financial regulations.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: /our-research
Oops! Something went wrong while submitting the form.

³Ò±ð²Ô¾±±ð’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ³Ò±ð²Ô¾±±ð’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our for more details and real-time security updates.

Read our Privacy Policy.