Step 1: Submit Your Application
Complete the Invoice Financing application form and upload the required documents.
Flexible | Fast Approval | No Collateral for RM100,000
Get Up to RM250,000 in Invoice Financing & Scale Your Business
Invoice Financing lets you unlock up to RM250,000 in working capital by converting your outstanding invoices into cash.
What is Borong Invoice Financing?
Invoice Financing allows businesses to manage cash flow efficiently, purchase more inventory, and grow faster - without waiting for payments from buyers. No collateral required for financing up to RM100,000, with rebates of up to 5% for regular users.
What is Borong Invoice Financing?
Invoice Financing allows businesses to manage cash flow efficiently, purchase more inventory, and grow faster - without waiting for payments from buyers.
- Higher Credit Limits Get RM20,000 to RM250,000 in financing to grow your business.
- Fast & Flexible Finance multiple invoices at once, all on Borong.
- No Collateral for RM100,000 Secure up to RM100,000 with no collateral required.
- Lower Rates, More Savings Enjoy cheaper financing rates of 7-9% p.a. compared to traditional banks.
- Cash in 14 Working Days Receive funds directly into your Borong account once approved.
- Rebates of Up to 5% The more you use Borong Credit, the more rebates you get.
- Scale with Confidence Higher credit limits available based on your repayment history and business performance.
Who Can Apply?
Invoice Financing is only available to Borong-registered businesses. To qualify, you must provide:
- Most recent Management Accounts
- Audited/Certified Accounts (latest 2 years, not older than 12 months)
- Latest 6 months bank statements for all existing banks
- CCRIS & CTOS report, not more than 1 month old, provided by Borong Credit Team
- IC/passport copies for all directors, partners, sole proprietor and any guarantor
- Business Registration (SSM)
How It Works (Simple 3-Step Process)
Step 2: Approval Within 14 Working Days
Your application will be manually reviewed. Approval notifications will be sent via email, WhatsApp, and your Borong dashboard.
Step 3: Receive Your Funds
Once approved, your funds will be disbursed within 14 working days. Use it to purchase more inventory, pay suppliers, or expand operations.
Apply now for Invoice Financing.
Borong Invoice Financing vs. Traditional Bank Loans
Faster, simpler, and more flexible financing for growing businesses.
| Feature | Borong Invoice Financing | Bank Loans |
|---|---|---|
| Approval Time | 14 Working Days | 3-6 Weeks |
| Required Documents | Business & Financial Reports | Extensive Paperwork |
| Interest Rate | 7-9% p.a. | 8-12% p.a. |
| Collateral Needed | No (for RM100,000) | Yes |
| Where to Use It | Borong Purchases Only | Any Business Expense |
| Repayment Term | 60 Days | 6-36 Months |
Success Stories: How Invoice Financing Helped F&B Owners Scale Their Business
Before using Borong Invoice Financing, we faced cash flow constraints that prevented us from buying in bulk. This meant higher costs and frequent stock shortages. Now, we can purchase larger quantities at better prices, ensuring we always have enough ingredients to meet customer demand. Plus, with Borong Credit rebates, we're saving even more while growing our business.
Sugar & I · F&B Restaurant Owner
Join hundreds of SMEs leveraging Borong Credit to grow their business!
Invoice Financing FAQs
For more details, visit our full FAQ page.
How much financing can I get?
The minimum limit is RM20,000, and the maximum is RM250,000. If you build a strong repayment history, you may qualify for higher financing beyond RM250,000.
How long does it take to receive funds?
Once approved, funds are disbursed within 14 working days.
What are the repayment terms?
Repayment is due in 60 days. The interest rate ranges from 7-9% p.a.
Can I finance multiple invoices?
Yes. You can finance multiple invoices at once, as long as they are generated on Borong.
Ready to Get Started? Apply Now!
Fill out the Invoice Financing application form and get funding within 14 working days.
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