When you make application on behalf of your company / business for financing, we will require a number of documents to enable our credit team to conduct credit risk assessment on your company / business before your financing request is approved.
For Business Term Financing, Accounts Payable Financing, Accounts Receivable Financing and Dealer Financing option, the documents required may vary depending on the tenure, the quantum amount and the credit assessment made. Once you have submitted the online application, our team will contact you for the required documents.
For microfinancing option, the following documents are required by Funding Societies:
NRIC (front and back) of all directors of the Company
6 Months business bank statements
For Foreigners (residing in Malaysia):
Passport + Proof of Residential
Employment Visa, Permanent Resident NRIC, MM2H Visa, Residency Pass Malaysia
Utility (Telephone (land-line only) or water or internet) with name and address clearly marked on
Bank or credit card statement with name and address clearly marked on
Rental agreement (tenancy agreement) with name and address clearly marked on
Kindly note that the documents mentioned above are not exhaustive. Our team may be in touch with you should there be any further documents required.
The whole process for micro financing or micro credit line to approval and disbursement may take up to 12 to 14 days.
While, for term financing such as business term financing, invoice financing and dealer financing it takes 2-4 weeks roughly.