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FINANCING SCHEME

Letter of Undertaking

Provider

Planworth Global Factoring Sdn Bhd

Objective

The Letter of Undertaking (LoU) is a method of payment guarantee to the suppliers, which is packaged with Planworth's factoring facility.

Funding Amount

Credit line of up to RM20 million per company, supporting single customer contracts of up to Rm300 million.

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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