When a Malaysian business needs additional capital, traditional bank loan always comes to the top of mind. To make sure business operation continue, the business owner should have ready alternative financing option or a Plan B when their loan application rejected by the bank.
People often have bad perception when a company selling their asset, they will have preconceived thinking like “the company in a bad financial situation”, “they might bankrupt anytime” or any negative they can think of. Bank loan always becomes business owner first choice or a correct choice when they need business financing. But the true fact is, why commit to a liability when we can convert an asset to liquid cash flow?
By measuring the pro and con, we believe invoice financing can be the best solutions for the business owner. Click Here to find out how invoice financing works.
Below infographic explain the difference between invoice financing and traditional financial institution:
Is Invoice Financing the Better than bank loan?
Bank loan always prefers client with the cash flow and collateral. But for many businesses that don’t qualify for the bank loan, accounts receivable financing is a great option and the benefits received far outweigh any of the disadvantages.
Invoice financing is a smart choice for Malaysia business owners who need capital. Especially for those who are optimistic about their business’ growth potential. This alternative lending practice provides liquidity without adding debt or making you give up any equity in your business.
Start your first invoice financing project Here and say goodbye to the expensive interest rate. We have created a WhatsApp community for entrepreneur and business owner, join our WhatsApp business group and connect with them today.