Contract Financing-i

Contract Financing is the financing of government contracts or local orders that fund your initial cash outlay before your first project payment milestone. The loan repayment can be customised to ties in with duration of project.

Features

Financing options available are:

  • Blanket Contract Financing Line-i (BCFL-i)
  • Tawarruq Cash Line-i Restricted (Pre & Post)
  • Bank Guarantee-i
  • Letter of Credit-i / Trust Receipt-i
  • Forex
  • Shipping Guarantee-i

Types of Contract

  • Supply contract / direct supply or with added value in the form of installation, testing, commissioning, training, etc.
  • Construction and infrastructure contract
  • Other business services contract such as providing services and maintenance

Benefit

  • Loan to augment working capital
  • Customised loan repayment that ties in with duration of project
  • Fund your initial cash outlay before your 1st project payment milestone

Eligibility

  • Sole Proprietorship
  • Partnership / Limited Liability Partnership (LLP)
  • Private Limited Company


Requirements

  • Applicant must be the main contractor or nominated sub-contractor
  • Applicant must be registered with either of the following:
    • Ministry of Finance (MOF)
    • Contractor Service Centre (PKK)
    • Construction Industry Development Board (CIDB)
    • Other relevant licensing or registration bodies

How to Apply

  Leave us your contact details so that we may reach out to you

Click here

  Contact our Call Centre at +603-8230 2222 or visit the nearest Business Centre nationwide today.

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