Fast approval in 48 hours
Financing up to RM 100,000
Interest rate as low as 1.5% per month
Tenure up to 18 months
Sole proprietorship, partnership, limited liability partnership, private limited company (non-subsidiary of a listed company) or unlisted public limited company registered with SSM
Minimum 30% local shareholding by Malaysians
Minimum RM 60,000 revenue per annum (or RM5,000 per month)
Minimum 6 months in operations
Quick online application and approval within 2 working days. Fast disbursement of financing within 24 hours of approval.
We charge a one-off 5% origination fee upon disbursement and regular interest rate. There are no hidden fees.
You only need to have 3 basic business documents at hand,
for your financing application
We focus on your business potential instead of your assets.
It will only take a few minutes and you can resume at any point within 30 days.
We will review your application and make a tentative offer within 2 working days.
After your financing has been approved, simply e-Sign the contract and receive the funds in your business bank account.
You will need the following documents during this application:
6 months company bank statements
Your IC front & back
IC front & back of all additional directors
Registered with Securities Commission Malaysia
Largest Peer-to-Peer Financing Platform in Southeast Asia
Disbursed more than
RM 4.3 billion to over
2 million notes
More than 800,000
SMEs registered with us
Investors' funds managed
by Malaysian Trustees Berhad
“As a growing company that offers home and business security solutions, we need financing to maintain cash flow in order to cover a variety of business expenses, including long payment terms for our clients. We are very grateful to Funding Societies for providing short-term financing solution to us when we need it the most, helping us to improve our cash flow and grow our business further.”
Not what you’re looking for?
We have other financing solutions available to serve your needs.
A business financing product that offers micro credit opportunities to SMEs.
Best used to maintain cash flow and enhance your business day-to-day.
With Funding Societies Micro Financing, you can apply for a financing amount of up to RM 100,000 with an interest rate of up to 1.5% per month and an origination fee of 5%.
Once you have accepted our offer, we will credit the approved financing amount to you, with the origination fee deducted from the disbursement.
To manage your repayment, the monthly installment is calculated as ‘P+I’ (principal + interest).
With Funding Societies Micro Financing, you can apply for a financing tenure of up to 18 months.
Depending on the nature of your financing, you could apply for a tenure of 6, 9, 12, or 18 months.
If this is your first time with us, here is a run-through on the application process.
Step 1: Complete the Application form on our page
Step 2: Submit the documents required for the application
Copy of all Director(s) NRIC/Passport
Latest 6-months Bank Statement
Latest 2 years personal Income Tax Assessment (Optional)
Step 3: Check your email for updates on your financing application
Step 4: Accept the approved financing offer from us (if you’re agreeable to the terms)
We will credit the disbursement into your designated business bank account and your repayment cycle shall begin the following month.
Just like any other financing product, the following fees/charges will be applicable:
If you are late in making your repayments, the following fees/charges will be imposed:
Early repayments are always encouraged, as SMEs are able to save more on interest.
Early repayments are subjected to a 2% early repayment fee on the remaining principal amount to partially compensate our investors on the loss of their residual interest.
Registered with Securities Commission Malaysia.
Modalku Ventures Sdn Bhd 201601019329 (1190266X)
© 2020 Modalku Ventures Sdn Bhd. All rights reserved.