FINANCING SCHEME

Bai’ Al-Dayn Bi Al-Sila’ Invoice Factoring

Provider

SA Puncak Management Sdn. Bhd. (El Nuwr)

Objective

For short-term cash flow liquidity needs and expansion of business by unlocking the cash value of the invoices in advance.

Funding Amount

Up to 80% of the invoice value

Claim Method

Funds paid to the applicant’s account.

Applications Document

  • Letter of Award / Surat Setuju Terima (SST) / Contract / Purchase Order from Contract Awarder.
  • NRIC of all Directors / Partners / Proprietor
    *All ICs to be cross out with “FOR SA PUNCAK MANAGEMENT USE ONLY”
  • Bank Statements for All Current Accounts – Last 6 Months
  • Latest 3 years Audited Financial Statements
  • Company Profile Including Company Group Structure and Organisation Chart
  • Credit Consent Form

Purpose of Financing

Eligibility

  • Is a Malaysian registered company with a valid purchase order or contract from Government, GLCs, MNCS or similar reputable corporations.
  • No restrictions on foreign shareholding

Application Procedure

Fill the form to get the application procedure link