- Businesses that apply shall have a successful trading record for undertaking operations
- Postdated cheques to be provided by borrowing entity to cover 6 payments
- Individual guarantee of Directors and shareholders required additionally
- Insurance of pledged asset and inventory are mandatory throughout the loan period
- Nominated income to be supported through documentary evidence
- Bank statements to support income verification
Finance Lease for Individuals
- Businesses, most recent 02 years audit to indicate a profitable financial performance
- Business shall have steady flow of proven business transactions to verify trade
- Income capacity pledged for repayment shall be evident through bank statement
Debt Factoring allow businesses to utilize their existing cash-flow structure and gain access to liquid funds through pledging us your receivables.
By discounting the debt businesses have on their receivables, we fund our customers to meet their short term financing requirements.
MFLC, serving your business by addressing solutions for your short term funding needs!
- Enquire us about your requirement and arrangement request
- Visit Us – when we request, to discuss on your ideal arrangement for terms
- Sign the Loan Agreement – understand the terms and conditions
- Receive your funding – by having it deposited to a vendor or nominated account