FINANCING SCHEME

Invoice Financing/-i

Provider

CapBay

Objective

A vital cash flow solution that allows businesses to get advances on money owed by customers upon completion of goods or rendered services, thereby avoiding the strain of long payment terms which can range from 30 days to 180 days. CapBay's Invoice Financing solution takes this a step further, providing businesses with instant access to working capital (often up to 80% of the invoice value) and offering an efficient way to unlock funds and accelerate business growth.

Funding Amount

  1. Financing Amount:Up to RM 3 Million
  2. Margin of Financing: Up to 80%
  3. Tenure of Financing: up to 120 days

 

Claim Method

Bullet Repayment by end of tenure

Applications Document

Required Documents are:

  1. Copy of Main Director(s) Identification Card (IC)
  2. Latest 6 months bank statement
  3. Letter of Award / Contract
  4. Signed Customer Due Diligence (CDD) Form
  5. Latest 3 years Financial Statements
  6. Company Profile

Purpose of Financing

Eligibility

  1. Malaysian-registered business (Sole Prop, Enterprise, Sdn Bhd)
  2. At least 51% Malaysian ownership
  3.  Operating for at least 1 year
  4. Provides goods/services to other Malaysian businesses on credit terms (B2B)
  5. Serving mid-to-large corporations

Application Procedure

Fill the form to get the application procedure link