The Product
What type of financing can we get?
We offer 2 types of financing through P2P Platform to meet your working capital needs: Invoice Financing and Short Term Working Capital Financing
Invoice Financing | Short Term Working Capital Financing | |
Financing Tenor | 1 month to 4 monthsDepending on the expected due date as derived from the payment term of the underlying Invoice | Up to 180 days |
Collateral / Security | No physical collateral | No physical collateralCorporate and/or personal guarantees may be required for high value financing and/or risky Issuer/issuance |
Disbursement | 90% of Issued Note Amount10% retained as Reserve Amount, to be used for deduction of processing fee, stamp duty, GST (if any), expense reimbursement, interest and penalty interest. The balance of reserve amount if any leftover, will be refunded to Issuer upon full settlement of the Issued Note. | 87.5% of Issued Note Amount12.5% retained as Reserve Amount to be used for deduction of processing fee, stamp duty, GST (if any), expense reimbursement, interest and penalty interest. The balance of reserve amount if any leftover, will be refunded to Issuer upon full settlement of the final repayment sum. |
Repayment Mode | Bullet, and full settlement only | Delayed monthly instalment;For financing up to 120 days (4 months), repayment will be on Bullet basis.
For financing above 120 days, instalment repayment on every 30 days interval, starting from 120th Day. Each repayment tranche represents a Promissory Note under the Financing Request. |
Pricing / charges to Issuer | 1.5% processing fee on Issued Note Amount upon disbursementUp to 17% interest on Issued Note Amount from disbursement date to settlement date, interest rate scale in accordance to risk grading assigned to Issuer | 1.5% – 3.0% processing fee on Issued Note Amount upon disbursementUp to 18% interest on Financing Amount from disbursement date to settlement date of each repayment tranche. Interest rate scale in accordance to risk grading assigned to Issuer |
Invest and earn up to RM5,000 every time you refer a friend!
B2B FinPAL Investor Referral Program Get Rewards by referring your family and friends to be our investor and earn up to RM5,000* (T&C apply) per…
SME Financing in Malaysia by B2B Finpal
Running a Small-and-Medium-Sized Enterprise (SME) these days can be very challenging especially with the current Movement Control Order (MCO) in our country.…
Business Financing in Malaysia by B2B Finpal
Are you looking for business financing in Malaysia to start a business or maintaining an existing one? If your answer is yes, then you are at the right place!…