Cash for your business through Invoice Financing

    Enquiry Form

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    What is Factoring?

    Factoring is a flexible facility that allows your company to have immediate cash in hand. How? You can convert your credit sales into cash by selling your invoices to us, Maax Factor Sdn Bhd.

    We are able to finance the trade when the payment is assigned to us.

    Advantages of Factoring

    Improved cash flow

    Enables you to have additional cash for your future business expansion.

    Easy to qualify

    Less restriction as compared to other financial institutions. Suitable for SMEs with limited business track records.

    Quick funding

    Funds will be disbursed within two weeks for new Clients and within 3 working days for subsequent drawdowns.

    Flexible facility

    The facility line is based on the value and quality of your invoices. This provides you a financial platform which can further support your business growth.

    Simple application

    Invoice financing application process is simple, easy and hassle-free with minimal financial documents requirement.

    Attractive rates

    Offers competitive rates which enable entrepreneurs to gain better profit margins.

    Services Offered

    Factoring (Invoice Financing)
    Factoring improves a company’s working capital through the sale of its invoices to us. Maax will then collect the payment upon maturity from the paymaster.
    Factoring (Pre-Sales)
    We assist to make payment directly to the client’s suppliers for delivery of goods to contract awarders (buyers).

    Services Offered

    Financial Support Letter
    Maax can provide a written assurance of financial backing that will make your tender application and bidding a lot more competitive.

    Added Services

    Factoring:

    How it works

    1. Sell products or services on credit (e.g. 30-90 days).
    2. Apply for factoring facility to discount your invoice.
    3. We buy your invoices at a discount and make payment to your bank account within 3 working days.
    4. Your customer remits full payment on due date to our bank account.

    Steps to apply

    Are you currently facing tight cash flows due to outstanding credit sales from your customers? Our factoring service can help to improve your cash flow and grow your business.

    STEP 1

    Fill in the information in enquiry form on the home page and tell us about your business.

    STEP 2

    Our experts will contact you to assist for documents submission, processing and verification of your application.

    STEP 3

    Once approved, funds will be disbursed into your bank account within 2 weeks for new Clients and within 3 working days for subsequent drawdowns

    Eligibility

    Applicant must be a SSM registered business / company with majority shareholding by Malaysians.

    Applicant must be at least one (1) year in operation.

    Applicant with minor delinquencies in CTOS / CCRIS will be considered on a case-to-case basis.

    Must have contracts, orders or letter of awards from:

    • Government
    • Government link companies
    • Public listed companies
    • Private companies

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