Receivables Financing
Receivables Financing Program is designed to provide Vendors within the supply chain with timely access to liquidity, thereby easing cash flow constraints while awaiting payment from the Contract Awarder.
Benefits
- Competitive financing rates
- Simplified approval process
Eligibility
- ALocal business entity
- Main Contractor or Nominated Sub-Contractor.
- At least three (3) years of performance track record in undertaking supply, business services, construction and other general services contracts.
Facilities Offered
Facility Limit
- Up to RM 5.0 million
Purpose of Financing
- To facilitate sales of goods/services under the contract financed
Type of contract
- Construction / highways maintenance
- Direct supply or trading;
- Supply, installation and commissioning, testing, commissioning, training, etc.;
- Business Services including provision of service and maintenance;
- Any other contracts as approved by the Bank
How to apply
