Wong Kah Meng
Dealer financing tie up offers up to US$200 million in financing opportunities.
Dealer Financing is targeted at the purchase of used cars by identified used car dealers.
Helps SME merchants on the Lazada platform in need of working capital.
Funding Societies collaborates with e-commerce platforms to widen micro-financing access.
SMEs can receive funds upfront for their customer invoices, with up to 80% of invoice value and a term range of 30 to 120 days.
Technology-enabled automation will improve efficiency and customer experience for small businesses.
Micro-financing solution offers approval within 24 hours.
Initiative aims to expand alternative financing access and capital solutions to Malaysian businesses.
App provides convenience and mobility from sign-up to investing.