Factoring

What is Factoring?

Factoring is a receivables financing facility where we purchase your trade receivables and gain ownership of the debt. The client’s customers would then become the debtor to us and required to pay us directly to discharge their debt.

Eligibility

Applicable for private and public companies, suppliers and contractors to government bodies or agencies, and government-linked companies

Note: Terms and conditions apply.

Fees and Charges

Type of product / service	Fees & Charges
Facility Fee (a one-off charge)	Up to RM1,000.00
Stamp duty (Factoring Agreement)	Subject to Stamp Act 1949
Stamp duty (Deed of Assignment)	RM10.00
Stamp duty (Deed of Guarantee/ Letter of Guarantee /Guarantee Agreement)	RM10.00

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FACTORING

Features & Benefits

Features & Benefits

What is Factoring?

Eligibility

Fees and Charges

For More Enquiries

FACTORING

Features & Benefits

Features & Benefits

What is Factoring?

Eligibility

Fees and Charges

For More Enquiries

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