Business Banking > Invoice Financing
Invoice Financing

Invoice Financing (“IVF”) allows the customer to finance their sales and purchases of goods and services with a fixed maturity date. Domestic and foreign trade of goods and services can be financed under IVF.

Features:

  • Financing can be either in Ringgit (“RM”) or foreign currency (“FCY”).
  • Financing rate is at Effective Cost of Funds (ECOF - RM or FCY) plus Customer’s Spread.
  • Upon maturity, the customer will repay the Bank the principal amount together with the financing interest.
  • Flexibility and option to repay the whole loan or settle partially during the financing period, even before maturity date.
  • The maximum period of financing must not exceed the approved financing tenure subject to maximum period of 365 days. No minimum period of financing.
  • The amount of financing shall be up to 100% of the invoice value.
  • Bundling of invoices is allowed. However, minimum amount per invoice is RM1,000.
  • The amount of financing shall be up to 100% of the invoice value. No minimum amount of financing.

Click here for our brochure on IVF.