A type of working capital financing whereby Maybank purchases approved sales invoices, provides cash advance upfront and collects factored sales invoices from debtors.
Features

A type of working capital financing whereby Maybank purchases approved sales invoices, provides cash advance upfront and collects factored sales invoices from debtors.

Benefits

  • Improves cash flow, helping you plan your business better
  • Lack of collateral is not the main consideration
  • Efficient sales administrative and collection services
  • Facility limit is based on factorable invoice volume
Eligibility
  • Malaysian-established private limited companies/partnerships/sole proprietorships that sell on credit
  • Experienced management, with proven business track record
  • Acceptable annual factorable invoice amount
  • Provides goods/services to approved customers on regular basis
  • Acceptable invoicing procedure and credit terms for factoring arrangement
Fees & Charges
  • Service charge: A nominal flat charge on invoice value mainly to offset expenses incurred by the bank in providing sales administrative & collection services
  • Discount charge: A financial charge on the funds utilised
  • Facility fee: A one-off charge
Locate Us

Maybank
Structured Trade & Supply Chain Financing
Trade Supply Chain Financing
Transaction Banking, Global Banking
23rd Floor, Menara Maybank,
100, Jalan Tun Perak,
50050 Kuala Lumpur.

Kindly contact our Factoring marketing personnel for assistance:

Mr Hanif   03-20747075
shafizatulhanif@maybank.com.my