| Business : Growing
Business > Short
Term Financing - Cashflow |
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When you need more
cash than you have at hand for working capital or short-term
financing, Maybank has a number of short-term financing
solutions that can be tailored to your business needs.
Overdraft
Our overdraft facility will allow you to withdraw
more funds than what you have in your current account, up
to an approved limit. There are no fixed monthly repayment
terms and the monthly payable interest is charged on a daily
basis for the amount used, meaning you benefit from:
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- Flexibility to
manage your cashflow
- Convenience to
decide how much to use and how much to pay back
- Ready accessibility
to funds for use in times of need
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Revolving
Credit Facility
If you have a good track record with our overdraft facilities,
Maybank can offer you a revolving credit facility.
This rolling facility has a specified maturity date, so you
can get an advance and pay it back. If necessary, you can
borrow again, all within the agreed-upon period and up to
the approved limit. Interest payments are generally made at
the end of each agreed term. With this, you can enjoy: |
- Hassle-free cashflow
planning as your cashflow source and usage is determined
by the required funding amount and period
- Flexibility in
your fund usage because the repaid amount may be re-borrowed
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Factoring
Maybank will help you transform your book debts into cash
by advancing up to 80% of your credit term invoice value.
To ease your company's workload further, we will collect the
cash from your creditors, so you can: |
- Improve your
cashflow
- Raise additional
capital easily and quickly
- Save administrative
time
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| No
complicated formulas or rigid repayment terms, just short-term
working capital financing made simple and friendly, because
Maybank is always here for you. |