AFFIN Contract Financing

 

Product Features

Securing a contract is half the battle won, your next step is to secure financing to help fulfill your contract obligation. Specially designed with you in mind, AFFIN Contract Financing now offers financing for potential contractors with viable contracts from the Government.*

*(note: currently with Kementerian Pertahanan Malaysia – MINDEF)
Our list is currently being expanded, please call to enquire status

Types of contract the Bank finances;

  • Supply & general trade

  • Maintenance and services

  • Construction and infrastructure projects

  • Installation and commissioning

 

AFFIN Contract Financing, offers the following;

  • Overdraft

  • Overdraft (Restricted)

  • Letter of credit / Trust Receipts

  • Bank Guarantee

  • Foreign Exchange

 

Eligibility Criteria

  • Applicant must be the main contractor or nominated sub-contractor with at least 1 year track record in undertaking supply or construction contracts.

  • Applicant must be registered with Ministry of Finance (MOF), Pusat Khidmat Kontraktor (PKK), Construction Industry Development Board CIDB), other relevant licensing/certificate body.

  • Application is for financing a contract with a minimum value of RM1.0 million for supply and services and RM3.0 million for construction.

 

 

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