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FINANCING SCHEME

Invoice Financing/-i (Receivable)

Provider

Funding Societies

Objective

Revolving line facility caters for seller to convert their sales invoices into cash upfront. Available in conventional and Shariah-compliant options

Funding Amount

Financing up to 80% of invoice value
Financing up to RM1,000,000
Tenure up to 120 days

Claim Method

Bullet repayment by end of tenure

Applications Document

  • Copy of all Director(s) NRIC/ Passport
  • Latest 6 months bank statements
  • Latest Audited Accounts & Management Accounts

Purpose of Financing

Alternative Financing

Eligibility

  • Sole proprietorships, partnerships, limited liability partnerships, private limited companies, unlisted public companies or public listed companies and subsidiaries
  • Minimum 30% local shareholding by Malaysians
  • Minimum RM 1 million revenue per annum
  • Minimum 1 year in operation

Application Procedure

Fill the form to get the application procedure link

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