FINANCING SCHEME

Trade Invoice Financing (A/Cs Receivable) (Shariah Compliant Financing)

Provider

microLEAP P2P Financing

Objective

Invoice financing is a way for businesses to borrow money against the amounts due from customers. Invoice financing helps businesses improve cash flow, pay employees and suppliers, and reinvest in operations and growth earlier than they could if they had to wait until their customers paid their balances in full.

Funding Amount

  • Financing up to RM1,000,000.
  • Financing tenor up to 180 days.

Claim Method

Bullet Payment or Monthly Payment.

Applications Document

  1. Applicants Identification (i/c)
  2. Guarantor Identification (i/c)
  3. Latest 6-months bank statements
  4. Latest Audited Accounts
  5. Latest Management Accounts
  6. Business premise (picture)
  7. Business owner profile picture
  8. Company SSM Documents
  9. Invoices

Purpose of Financing

Eligibility

Company Criterias:

  1. Revenue-generating and at least 6 months in operation.
  2. Invoice from a reputable company (e.g. GLCs, MNCs, large corporations)

Application Procedure

Fill the form to get the application procedure link