Working Capital Loan
Working Capital is a type of loan which is taken for running the everyday operations of a company. This working capital is to cover staff wages and the account payable of the organization. Sometimes, businesses may encounter emergency cash needs due to delay in collection from customer payments and slowdown in sales. Hence, working capital loan is suitable for this purpose.
In addition, this money from the loan is not for long term assets or investments. Besides, the funds are usually for short term and temporary business funding. Hence, this is the reason why borrowing the funds from a bank wouldn’t be an ideal choice as the application process takes too long.
How We Can Help
Therefore, it is important to get temporary funding for the company in a fast manner by applying for this loan instead of applying for a bank loan which may take a longer process.
Who Are We
Firstly, we are known to be the best licensed money lender in the industry. Besides, we have more than 15 years of experience in the loan industry which makes us known to the many corporate company around Malaysia.
Most importantly, we specialize in business loan, SME loan, cheque cashing and personal loan.
Documents needed
- Business must operate for more than 6 months.
- SSM registration or local authorities (Ex, MBPJ).
- Existing business site (factories, shops, offices).
- 6 months of the company’s bank statement.
- A copy of the IC and Utility bills of the business owners and directors.
Where We Specialize in
We focus specifically in KL, Selangor, and Johor Bahru. Mainly, in Selangor, such as Damansara, Petaling Jaya, Shah Alam, Klang, Puchong, Sunway, Kota Damansara, Rawang, Ampang, Gombak and Seri Kembangan. Whilst in KL area, we specialize in KLCC, Setapak, Putrajaya, Seputeh, Bangsar, Cheras, Kepong and KL Sentral. In Johor, we have a presence in Johor Bahru, Senai, Kluang, Senai, Pasir Gudang, Gelang Patah, Kota Tinggi and Masai.
Our Feature
- Easy application process.
- Low document requirements.
- Fast approval process.
- Quick disbursement of loan.
- Flexible tenure
Conclusion
If you have a company and is looking to apply for a working capital loan, do not hesitate to contact us. We are always here to help you solve your company’s financial struggles. Besides, we do provide short term and long term quick loans to fit your needs.