RM
RM
- You Pay
- RM 89 /mth
- Interest Rate
- Total Interest Payable
- RM 70
- Total Repayment
- RM 1,070
CapBay Secured Financing
-
- Interest Rate
- 8.00% p.a. ~ 16.00% p.a.
-
- Max. Financing Amount
- RM 25,000,000
-
- Approval Duration
- 5 working days
Calculate your financing repayment instantly
Key Features
Fast and Simple: Digitalised application and documentation process accelerates the speed of approval and disbursement of funds.
Flexible: Tailored solution to the needs of your business so that you can focus on what is important, i.e. running your business
Flexible: Tailored solution to the needs of your business so that you can focus on what is important, which is the running of your business.
More details
-
Features- Approval Duration
- 5 working days
- Min. Financing Amount
- RM 10,000
- Max. Financing Amount
- RM 25,000,000
Other features
- Tenure
- 30 days to 60 months
- Profit Rate
- 8.0% to 16.0% p.a.
- Financing Type
- Invoice Factoring, Revolving Credit, Term Financing, Secured Financing
- Profit Type
- Flat rate
- Financing Value
- RM10,000 - RM25,000,000
- Financing Period
- 30 days to 60 months
- Annual Sales Turnover
- Minimum RM500k
-
Eligibility & Required Documents- Age Requirement
- 21 - 65 years old
- Min. Monthly Business Sales
- RM 42,000
Other eligibility requirements
- Annual Sales Turnover
- Minimum RM500k per year
- Malaysian Ownership
- 51% minimum shareholding by Malaysians for loan application
- Minimum Company Age
- 1 year
- Identification Documents
- Copies of all directors' & shareholders' IC
- Reports
- Latest CTC Audited Report (Latest 2 years)
- Financial Documents
- Latest Management Account FY23, Latest 6 Months Bank Statements (of all bank accounts of the company, including overdraft), Latest Debtor & Creditor Ageing Summary
- Additional Documents
- Company Profile (if there is any)
-
Fees and charges- Processing Fees
- 2.5% - 5.0% on facility limit
Other fees and charges
- Early Termination Fee
- 5% on total outstanding amount before lock in period ends
- Late Penalty Fee
- 0.1% per day on financing amount
How do you apply for a business loan online?
Step 1
Find the best business loan with our comparison table, then click the Apply button of your preferred loan to leave your contact details.
Step 2
Our friendly business loan consultant will call you. They will help to answer any questions and submit your application to bank.
Step 3
After your loan application is submitted to the bank, a representative from the bank will call you and get your loan approved in 5-7 business days.
Read more about Business Loan
More details about the product
CapBay is a leading Malaysian-based fintech company that specializes in providing innovative financing solutions to small and medium-sized enterprises (SMEs).
Leveraging advanced technology and data analytics, CapBay offers a comprehensive range of services including supply chain financing, peer-to-peer (P2P) lending, and invoice financing. By bridging the gap between traditional financing institutions and underserved businesses, CapBay empowers SMEs to achieve their growth potential with efficient, accessible, and transparent financial solutions.
-
CapBay is an award-winning supply chain finance solutions provider, striving to make financing accessible to the underserved SME community in Malaysia.
-
Repayment to be made by Issuer directly or payment assignment
-
- All PG is Malaysian and aged between 21 - 65 years old
- No ongoing legal case & trade reference
- Satisfactory CCRIS and bank EOD balances
-
- Duly Completed CapBay Terms of Service (as attached, must be completed with all directors’ and shareholders' signatures & company stamp)
- Copies of all directors' & shareholders' IC
- Latest CTC Audited Report (Latest 2 years)
- Latest Management Account FY23
- Latest 6 Months Bank Statements (of all bank accounts of the company, including overdraft)
- Latest Debtor & Creditor Ageing Summary
- Company Profile (if there is any)
Get free weekly money tips!
*Free of charge. Unsubscribe anytime.