Invoice Factoring Malaysia F.A.Q

Invoice factoring, also known as receivables factoring, invoice discounting, and debtor financing is a financial transaction in which a business sells its account receivable(invoices) to a third party(factoring company) at a discount.

Sole Proprietorship, Limited Liability Partnership(LLP) or Partnership, Private Limited(Sdn Bhd) or Public Limited

Registered with MOF

Invoice value minimum RM 10,000

Contract issued by Federal Goverment, State Goverment, Govement Linked Companies and selected Public Listed Companies

You can apply as soon as the contract awarded.

You can factor the invoice upon following the criterias

The work/service done or progress work completed

Work done/Goods suplied

The claimed amount is accepted and approved by contract awarder

All other conditions fulfilled

As fast as 48 hours.

Within 3 working days. Upon completion of our factoring facility and disbursement.

Yes. Our financing service is shariah compliant. We follow Bai al Dayn bi al Sila. Under the tawarruq concept. Please refer here

Commerze Capital is registered with Bank Negara Malaysia following Section 21(1) Bank Act and financial institute 1989(BAFIA).
We are also licensed by Ministry Of Finance to do invoice factoring for government-issued contracts.

No.

Processing fee

Discount rate agreed upon application review

The discount rate will be dependent on the application review.

Yes. We have a specific program called 'Second Chance '

Register at our portal, and create your application there.

Yes, contact us and we will help you.

Form 24

Form 44

Form 49

Form 32a

Form of annual return

Memorandum and articles of association

Audited financial statement(latest 3 years)

Bank statement(latest 6 months)

Mof registration certificate

Directors mykad

Company profile

Profile of directors, shareholder and key management team

Business registration form

ssm business & sole proprietor information

Management accounts-income statement and balance sheet(latest 3 years)

Bank current account statement

Mof registration certificate

Proprietor/partners mykad

Business profile

Profile of proprietor/partners and key management team

Certificate of registration llp

ssm llp information

Management accounts-income statement and balance sheet(latest 3 years)

Bank current account statement

MOF registration certificate

Proprietor/partners mykad

Business profile

Profile of proprietor/partners and key management team

Letter of award

Surat setuju terima

Pesanan kerja

Pesanan belian

Contract/tender to be financed

Estimated project cashflow

Letter of offer for any banking/credit facility granted by other financial institution