Funding Societies recently launched BizFund, a term financing for small, and medium enterprises (SMEs) in Malaysia.
BizFund offers financing up to RM300,000 with repayment up to 18 months to SMEs. To qualify the SME must have been in operation for at least 12 months and at least 30% of it must be owned by Malaysians
Country Head of Funding Societies Malaysia, Chai Kien Poon, explains that BizFund is designed for SMEs with annual revenue of RM1 million. It has zero collateral, an easy submission process, and those who apply may get the money in seven days.
Funding Societies operates in five markets and to date has disbursed over RM10 billion in business financing through over 5 million financing deals.
For more information on Funding Societies Malaysia’s BizFund, visit https://fundingsocieties.com.my/bizfund.