Financing up to RM200K in less than 5 days
Rates between 0.8% - 1.5% per month
Tenure up to 18 months
Shariah financing is available
Collaborative Partnership With
Sole proprietorship, partnership, or private limited companies 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
Got questions? Click the floating bubble at the bottom of your screen to chat with us!
Quick online application and approval within 2 working days. Fast disbursement of financing within 24 hours of approval.
We charge a one-off utilisation fee upon disbursement and a 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.
Complete the application form which only takes a few minutes. We will reach out to you once we have received your application.
We will review your application and make a tentative offer within two (2) working days.
Accept the offer by e-Signing the agreement and receive the funds in your business bank account within one (1) working day.
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 SME digital financing platform in Southeast Asia
Disbursed more than
RM 18 billion to over
5 million notes
More than 300,000
registered Investors
across SEA
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.”
Funding Societies Micro Financing/-i is a business financing product that offers micro credit opportunities to SMEs. As a business owner, you can utilise the opportunities to maintain cash flow and enhance your business day-to-day. We offer both Micro Financing (conventional) and Micro Financing-i product based on the business activities and needs of the SMEs.
With Funding Societies Micro Financing, you can apply for a financing amount up to RM200,000 with an interest rate of 0.8% - 1.5% per month. Financing tenure is up to 18 months. Extension of 3 months available with no principal repayment for first 3 months.
Once you have accepted our offer, we will credit the approved financing amount to you, with any fees deducted from the amount.
After first three months of interest 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. Extension of 3 months available with no principal repayment for first 3 months.
Depending on the nature of your financing, you could apply for a tenure of 6, 12 or 18 months.
If this is your first time with us, here is a run-through on the application process. You can apply online in just 5 minutes
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 funds into your designated business bank account upon successful funding exercise and your repayment cycle shall begin the following month.
Just like any other financing product, the following fees/charges will be applicable:
Micro Financing-i
Drawdown Fee: 5% of the approved financing amount, deducted upon disbursement.
Guarantee Fee: 5% of the approved financing amount, deducted upon disbursement.
Micro Financing(Conventional)
Utilisation Fee: 5% of the approved financing amount, deducted upon disbursement.
Guarantee Fee: 5% of the approved financing amount, deducted upon disbursement.
Micro Financing-i
Late Payment Charges which consist of Compensation (Ta’widh) and Penalty (Gharamah) will be charged subject to the following conditions:
Micro Financing (Conventional)
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 and profit shared.
For Micro Financing (Conventional), the 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.
If your core business involves the trading of anything on the following list, you may not be eligible for SME Micro Financing/-i :
*Funding Societies is a SME Digital Financing Platform registered with Securities Commission Malaysia. It does not fall under the jurisdiction of Bank Negara Malaysia. Therefore, financing products of Funding Societies should not be constructed as business loan, SME loan, micro loan, term loan or any other loans offered by banks in Malaysia and it is to be deemed as an investment note as defined in the Guidelines on Recognised Markets.
Indonesia
Pemberi Dana
[email protected]
+62 877 3751 1114
Penerima Dana
[email protected]
+62 877 7873 6144
Penagihan
[email protected]
Unifam Tower, Jl. Panjang Raya
Blok A3 No.1, Kedoya Utara,
Kebon Jeruk, Jakarta Barat,
DKI Jakarta, 11520, Indonesia
Singapore
[email protected]
General Enquiries:
+65 6221 0958
Sales Enquiries:
+65 6011 7534
112 Robinson Road
Level 8
Singapore 068902
Malaysia
[email protected]
Primary contact
+603 9212 0208
Secondary contact
+603 2202 1013
Unit 15.01 & Unit 15.02,
Level 15, Mercu 3,
KL Eco City, Jalan Bangsar,
59200 Kuala Lumpur
Thailand
SME Loan
[email protected]
+66 93 139 9721
Investment
[email protected]
+66 62 197 8661
No. 29, Vanissa Building,
24th Floor, Room No. 2412 & 2414,
Soi Chidlom, Ploenchit Road,
Lumpini, Pathumwan,
Bangkok, 10330
Vietnam
[email protected]
(+84) 28 7109 7896
The Sentry P
16 Nguyen Dang Giai Street,
Thao Dien Ward, Thu Duc City,
Ho Chi Minh City, Vietnam
Dreamplex
174 Thai Ha Street,
Trung Liet Ward, Dong Da District,
Hanoi, Vietnam
Registered with Securities Commission Malaysia.
Modalku Ventures Sdn Bhd 201601019329 (1190266X)
© 2020 Modalku Ventures Sdn Bhd. All rights reserved.
Funding Societies is a SME Digital Financing Platform registered with Securities Commission Malaysia. It does not fall under the jurisdiction of Bank Negara Malaysia. Therefore, financing products of Funding Societies should not be constructed as business loan, SME loan, micro loan, term loan or any other loans offered by banks in Malaysia and it is to be deemed as an investment note as defined in the Guidelines on Recognised Markets.
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