Get a loan with fixed maturity on your purchases or sales invoice
- Imagine you’re a BMW car dealer, you are about to import 20 units of BMW cars from Germany but you are lacking the cash required to make the purchase
- You may approach our bank to get this financing on your purchase invoice
- With this facility, you may start selling the imported goods without coming up with a huge amount of money upfront
- Finance Purchases and Credit Sales
- Drawn in Ringgit Malaysia only
- Tenor min 21 days, max 365 days (Purchases), 180 days (Sales)
- Min RM50,000 in multiples of RM1,000
- Invoice bunching is allowed with min RM1,000 per invoice
- Rollover /Extension of BA tenor is not allowed
- Margin of financing is up to 100% of the invoice value (at bank’s discretion)