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FINANCING SCHEME

Performance Bond

Provider

Planworth Global Factoring Sdn Bhd

Objective

  • Issued to one party of a contract as a guarantee against the failure of the other party to meet obligations specified in the contract. It is also referred to as a contract bond.
  • It is usually provided by a bank or non-bank financial institution (Planworth) to make sure a contractor completes designated projects.

Funding Amount

Financing amount will be depending on contract value.

Claim Method

All Planworth products are financing-based products and not grant. Fund will be disbursed to the supplier’s or client’s account (subject to approval).

Applications Document

  1. Client Application Form
  2. Director / Shareholder / 3rd Party Profile Form
  3. Certified True Copy (CTC) of:
    • Section 14 (Superform)
    • Form 9 / Section 17
    • Annual Return / Section 68
  4. Company profile with list of past and current job handling

*Non-exhaustive list

For further enquiries, reach out to the customer care.

Purpose of Financing

Alternative Financing

Eligibility

For further enquiries, reach out to the customer care.

Application Procedure

Fill the form to get the application procedure link

  • General Line
  • 016-216 2743
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