Factoring

Factoring

Factoring is a form of cash flow relief solutions offered by MFI Money to vendors and contractors that performing contracts for either the Federal or State Government, its Agencies or even the Government-Link Companies (GLCs), by converting their receivables into ready cash through sales of debt.

Our Services

PRE-FINANCING

SALARY ADVANCE

INVOICE FACTORING

LETTER OF SUPPORT

LETTER OF UNDERTAKING

BANK GUARANTEE

LETTER OF CREDIT

RECEIVABLES MANAGEMENT SOLUTIONS

Step of Factoring

SERVE YOUR CUSTOMER

Perform the contract accordingly to your customer requirement

SUBMIT YOUR INVOICE

Submit the invoice you wish to factor and MFI will verify with your customer on the performance of the contract and the invoice.

RECEIVE CASH ADVANCE

Receive cash advance (80%) upon confirmation of the assignment of payment to MFI.

INVOICE DUE

Once your customer remit full payment to MFI, the balance of Retention Sum will be return to you after deduction of our fees and charges.

Benefit Of Factoring to Clients

Fast Access Cash

Enhanced Business Growth

Clean Balance Sheet

Focus of Expansion Instead of Collections

Benefit Of Factoring to Customer

Adequate Assurance of Performance of Contact

Promote Vendor Financial Programmed

Our Customers

Our customer support team is here to answer your questions. Ask us anything!
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Marketing
NOOR AMANINA
Available
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FIKRI HAMZAH
Available
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AMIR HUSAINI ZAKWAN
Available
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HAFIZ BHARI
Available