Supply Chain Financing By Boost Credit
Minimize Risk Across Your Supply Chain with Boost Finance
Help your merchants grow their business purchases with disbursement up to RM1,000,000 within 48 hours
Contact UsKey Terms & Benefits
Financing Amount
Up to RM1,000,000
Financing Tenure
Up to 60 days
Interest Rate
1.5% monthly
Fast Disbursement
Within 24 hours of approval
WHY SUPPLY CHAIN FINANCING?
Supply Chain Financing allows you to free your cash flow for your invoices resulting in working capital improvements. Reduce your supply chain risk, strengthen your relationship with your suppliers, help your merchants grow their business and focus on bigger long-term gains with Supply Chain Financing!
Keen to explore our other financing services? Contact us today and we’ll be in touch.
Know More
| Entry Age | 18 - 65 Years Old |
|---|---|
| Applicant Citizenship | Malaysian or Permanent Resident of Malaysia |
| Nature of Business | Conventional |
| Financing Type | Conventional |
|---|---|
| Financing Amount | Up to RM1,000,000 |
| Financing Tenure | Up to 60 Days |
| Profit Rate | 1.5% Monthly |
| Wakalah Fee | Not Applicable |
| Guarantor | Required |
| Collateral | Per Case Basis Varies For Each Application |
| Disbursement Method | Directly Credited Into Bank Account Registered |
|---|---|
| Disbursement Turnaround Time | 48 Hours 2 Working Days Upon Approval |
| Disbursement Amount | After Deducting All Fees & Charges Payable To Boost Credit |
| Repayment | Direct Debit From Merchants Selected In FPX |
| Due Date | One-Time Repayment At The End Of Term |
| Late Interest | Please refer to the Terms and Conditions outlined in your signed contract for this product. |
| Late Payment Charges | Please refer to the Terms and Conditions outlined in your signed contract for this product. |
What is this product about?
- Supply Chain Financing is a factoring product provided by Axiata Digital Capital Sdn Bhd (Registration No. 201601006143) (1177069-D)) (formerly known as Aspirasi and a subsidiary of Axiata Digital Sdn Bhd) (“Boost Credit”), the digital-native platform.
- Please refer to the Terms and Conditions outlined in your signed contract for this product.
How long will it take for the fund to be disbursed?
- The estimated time for the fund to be disbursed to the distributor is within twenty four (24) to forty eight (48) working hours (one (1) to two (2) working days only) after the delivery of the products have been confirmed by the merchants.
What percentage of invoice will be advanced by Boost Credit?
- Boost Credit will advance 100% of the invoice amount.
What is the duration of the repayment to Boost Credit?
- The duration of repayment to Boost Credit is up to sixty (60) days and may be tailored to the individual needs of each distributor.
- Boost Credit aims to personalize financing based on the needs of the merchants to truly help the underserved community achieve their business and life goals.
Contact us
Reach out to us for more details
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