Get a loan with fixed maturity on your purchases or sales invoice
- Imagine you’re a glove exporter and you required high cash flow to fulfil your business needs
- Once the gloves have been shipped, you may convert your sales to cash immediately by presenting the sales invoice to the bank
- With the fund available to you before your buyer makes the payment, you have additional liquidity to expand your business further
- 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)