Hello, Business.

It is the financial decisions and activities of an individual, this could include budgeting, insurance, savings, investing, debt servicing, mortgages and more. At some point in our lives, you may want to give yourselves some desire of wants such as purchasing a new sweet home or that unforgettable trip your have always wanted to go to. When your regular paycheck and savings wouldn’t cut, personal loans are your helping option. At FiNSEED, we are more than just your personal financial consultant, we assist in making sure that your aspirations become a reality.

• An unsecured loan granted by the banks to companies for working capital usage.
• No restriction on the usage of the funds.
• Usually have a fixed monthly repayment schedule spread out to 12/24/36/48/60 months

• A facility to fund companies that are involve in domestic and international trade.
• Usually come with multiple product bundled, import financing, export financing, forex and etc.
• Letter of Credit (LC) : A promise by the bank to pay the supplier. The bank issued LC as a way to ensure seller get paid as long as the seller did what they have agreed to do. LC is commonly used in international trade as well as domestic trade. The bank acts as an uninterested party between buyer and seller and guarantees that payment will be made once certain conditions are met.
• Trust receipt : A short-term loan import loan to provide buyer with financing to settle the goods under (LC) whereby the bank hold possession of the goods. The bank can offer up to 150 days term before the buyer make payment to the bank at the value of (LC) issued.
• Inward Bill Collection (DA/DP) : An arrangement by the bank to release the important documents to the buyer upon acceptant / paid of the bills to speed up the trade process.
• Banker’s Guarantee : The bank undertake to settle the debt, ensuring the liabilities of the debtor will be met.
• Shipping Guarantee : The bank undertake to bear joint liability with the importer to enable picking up of goods in the event of  arrival of cargo prior to the shipping documents to avoid port demurrage.

• The financial institution will finance up to 90% of the machine value and pay the seller directly while make an arrangement with the buyer to repay on monthly installment of a set tenor. The bank will retain the ownership of the equipment/ machinery until the final installment have been repaid.

• Cater to the needs of each different businesses. Please kindly contact us for more information on Customized Financing as we would require to know more about your needs and requirements before advising on the necessary solutions.