{"id":20322,"date":"2023-10-27T20:35:40","date_gmt":"2023-10-27T15:05:40","guid":{"rendered":"https:\/\/digitalmarketingdeal.com\/blog\/?p=20322"},"modified":"2023-10-28T19:32:04","modified_gmt":"2023-10-28T14:02:04","slug":"factoring-companies-in-malaysia","status":"publish","type":"post","link":"https:\/\/digitalmarketingdeal.com\/blog\/factoring-companies-in-malaysia\/","title":{"rendered":"Top 10 Factoring Companies in Malaysia 2023 &#8211; Rankings and Reviews"},"content":{"rendered":"<p><span style=\"color: #000000;\"><b>1.Ikhtiar Factoring Sdn. Bhd.<\/b><\/span><\/p>\n<p><span style=\"font-weight: 400; color: #000000;\">Ikhtiar Factoring Sdn Bhd (IFSB) was incorporated on 13 March 2000 to carry out the business of domestic, export and import factoring and equipment leasing. Bank Negara Malaysia (BNM) classified us as a Non-Bank Financial Institution (NBFI); and on 27 April 2000, approved us to operate as a scheduled institution under Section 21(1) of the Banking and Financial Institutions Act (BAFIA) 1989. BAFIA has since been repealed and replaced with the Financial Services Act 2013.<\/span><\/p>\n<p><span style=\"font-weight: 400; color: #000000;\">Since then, we have been dedicated to various companies\u2019 financial needs when they are awarded government and GLCs procurement contracts. Companies who have partnered with us include Petroliam Nasional Berhad (Petronas), Tenaga Nasional Bhd, Telekom Malaysia and etc.\u00a0<\/span><\/p>\n<p><span style=\"color: #000000;\"><b>Services<\/b><\/span><\/p>\n<p><span style=\"font-weight: 400; color: #000000;\">Factoring-i<\/span><\/p>\n<p><span style=\"font-weight: 400; color: #000000;\">Letter of Credit-i<\/span><\/p>\n<p><span style=\"font-weight: 400; color: #000000;\">Performance Guarantee<\/span><\/p>\n<p><span style=\"font-weight: 400; color: #000000;\">Letter of Support<\/span><\/p>\n<p><span style=\"color: #000000;\"><b>Contact no<\/b><span style=\"font-weight: 400;\">: +60 3-4024 6200<\/span><\/span><\/p>\n<p><span style=\"color: #000000;\"><b>Address:<\/b><span style=\"font-weight: 400;\">Pekeliling Business Centre, 11, Jalan 5\/65c, Wilayah Persekutuan, 53000 Kuala Lumpur, Malaysia<\/span><\/span><\/p>\n<p><span style=\"color: #000000;\"><b>Website<\/b><span style=\"font-weight: 400;\">:<a href=\"https:\/\/ikhtiarfactoring.com\/\" target=\"_blank\" rel=\"nofollow\"><strong>https:\/\/ikhtiarfactoring.com\/<\/strong><\/a><\/span><\/span><\/p>\n<p><span style=\"color: #000000;\"><b>2.IFS Capital (Malaysia) Sdn Bhd<\/b><\/span><\/p>\n<p><span style=\"font-weight: 400; color: #000000;\">IFS Capital (Malaysia) Sdn Bhd (&#8220;IFSM&#8221;) was incorporated as a subsidiary of IFS Capital Limited (&#8220;IFS&#8221;)<\/span><\/p>\n<p><span style=\"font-weight: 400; color: #000000;\">IFS is an established financial institution offering a broad range of financial services including factoring, loans, mezzanine financing, private equity investments, credit insurance, bonds and guarantees. Incorporated in Singapore in 1987, IFS listed on the Main board of the Singapore Stock Exchange in July 1993. IFS has offices in Singapore, Thailand, Malaysia, and Indonesia.<\/span><\/p>\n<p><span style=\"font-weight: 400; color: #000000;\">We provide Financial Solutions to your business needs especially to the SMEs, Contractors &amp; suppliers depending on your needs and capacity, we have a wide range of Financing Solutions to help your business grow.<\/span><\/p>\n<p><span style=\"color: #000000;\"><b>Services<\/b><\/span><\/p>\n<p><span style=\"font-weight: 400; color: #000000;\">Letter of Credit<\/span><\/p>\n<p><span style=\"font-weight: 400; color: #000000;\">Domestic Factoring<\/span><\/p>\n<p><span style=\"font-weight: 400; color: #000000;\">Industrial Hire Purchase Facility<\/span><\/p>\n<p><span style=\"font-weight: 400; color: #000000;\">Term Loan<\/span><\/p>\n<p><span style=\"font-weight: 400; color: #000000;\">Performance Bank Guarantee<\/span><\/p>\n<p><span style=\"color: #000000;\"><b>Contact no<\/b><span style=\"font-weight: 400;\">:\u00a0 +60 3-2161 7080<\/span><\/span><\/p>\n<p><span style=\"color: #000000;\"><b>Address:<\/b><span style=\"font-weight: 400;\">2nd Floor, Menara Atlan, 161, Jalan Ampang, Kuala Lumpur, 50450 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, Malaysia<\/span><\/span><\/p>\n<p><span style=\"color: #000000;\"><b>Website:<\/b><a href=\"https:\/\/www.ifscapital.com.my\/\" target=\"_blank\" rel=\"nofollow\"><strong>https:\/\/www.ifscapital.com.my\/<\/strong><\/a><\/span><\/p>\n<p><span style=\"color: #000000;\"><b>3.Planworth Global Factoring Sdn Bhd<\/b><\/span><\/p>\n<p><span style=\"font-weight: 400; color: #000000;\">PLANWORTH strives to look beyond the expectations and goals to stay ahead by integrating both excellent funding solutions and commitment in building partnerships.<\/span><\/p>\n<p><span style=\"font-weight: 400; color: #000000;\">In 1998, the group through Grand Columbia Limited successfully acquired MBF Finance (PNG) Limited. MBF Finance (PNG) Limited is a licensed financial institution under the supervision of the Bank of Papua New Guinea and was previously owned by MBF Finance in Malaysia, which at that time was one of the Asia largest licensed Deposit taking financial institutions. Since acquisitions, to reflect the vision of the new shareholder, it became Finance Corporation Limited or widely known as FinCorp.<\/span><\/p>\n<p><span style=\"font-weight: 400; color: #000000;\">FinCorp has branches in all major locations throughout the country that offers a range of banking products and services, such as personal loans, business loans, term loans, cash management and insurance. Having developed from strength to strength, Fincorp is now a leading licensed financial institution in Papua New Guinea. FinCorp website is www.fincorp.com.pg<\/span><\/p>\n<p><span style=\"color: #000000;\"><b>Contact no: <\/b><span style=\"font-weight: 400;\">\u00a0+60 16-216 2743<\/span><\/span><\/p>\n<p><span style=\"color: #000000;\"><b>Address<\/b><span style=\"font-weight: 400;\">: Suite B-11-2, Megan Avenue 1, No, 189, Jln Tun Razak, 50400 Kuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia<\/span><\/span><\/p>\n<p><span style=\"color: #000000;\"><b>Website:<\/b><a href=\"https:\/\/www.planworthfinance.com\/\" target=\"_blank\" rel=\"nofollow\"><strong>https:\/\/www.planworthfinance.com\/<\/strong><\/a><\/span><\/p>\n<p><span style=\"color: #000000;\"><b>4.Hidayah Factors Sdn Bhd<\/b><\/span><\/p>\n<p><span style=\"font-weight: 400; color: #000000;\">HIDAYAH FACTORS SDN BHD (HFSB) mission is to assist our clients by providing an affordable financing tool and delivering quality professional services to meet the challenges of a robust and demanding economy. Inline with this mission, HIDAYAH FACTORS SDN BHD vision is to be recognized as a reputable factoring house by offering customized services. <\/span><\/p>\n<p><span style=\"color: #000000;\"><b>Contact no<\/b><span style=\"font-weight: 400;\">: +60 3-8322 8848<\/span><\/span><\/p>\n<p><span style=\"color: #000000;\"><b>Address:<\/b><span style=\"font-weight: 400;\">No. 3A-2, Blok J, Jalan GC 11, Glomac Cyberjaya, Cyber 4, 63000 Cyberjaya, Selangor, Malaysia<\/span><\/span><\/p>\n<p><span style=\"color: #000000;\"><b>Website<\/b><span style=\"font-weight: 400;\">:<a href=\"http:\/\/www.hidayahfactors.com\/\" target=\"_blank\" rel=\"nofollow\"><strong>http:\/\/www.hidayahfactors.com\/<\/strong><\/a><\/span><\/span><\/p>\n<p><span style=\"color: #000000;\"><b>5.Optimai (Malaysia) Sdn Bhd<\/b><\/span><\/p>\n<p><span style=\"font-weight: 400; color: #000000;\">Optimai started off by building turnkey financial systems for financial institutions.\u00a0 Through working closely with our customers, we developed strong domain knowledge and gained in-depth understanding of our customers\u2019 business and technical requirements. Over the years, we have successfully implemented enterprise systems ranging from back office to regulatory reporting to enterprise data warehouse systems.\u00a0 Through a combination of keen understanding of our customers\u2019 business, a devotion to deliver quality systems and commitment to responsive customer service and support, Optimai has turned many customers into friends and supporters who are willing to act as references and refer new business.\u00a0\u00a0<\/span><\/p>\n<p><span style=\"color: #000000;\"><b>Services<\/b><\/span><\/p>\n<p><span style=\"font-weight: 400; color: #000000;\">P R I M E\u200d\u00a0 Consultancy &amp; System Implementation<\/span><\/p>\n<p><span style=\"font-weight: 400; color: #000000;\">Enterprise Data Warehouse Implementation<\/span><\/p>\n<p><span style=\"font-weight: 400; color: #000000;\">Rapid Custom Application Implementation<\/span><\/p>\n<p><span style=\"font-weight: 400; color: #000000;\">System Integration<\/span><\/p>\n<p><span style=\"color: #000000;\"><b>Contact no: :<\/b><span style=\"font-weight: 400;\"> +60 16-299 1410<\/span><\/span><\/p>\n<p><span style=\"color: #000000;\"><b>Address<\/b><span style=\"font-weight: 400;\">:19, 13, 231, Jln Tun Razak, Imbi, 55100 Kuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia<\/span><\/span><\/p>\n<p><span style=\"color: #000000;\"><b>Website<\/b><span style=\"font-weight: 400;\">:<a href=\"http:\/\/www.optimai.com\/\" target=\"_blank\" rel=\"nofollow\"><strong>http:\/\/www.optimai.com\/<\/strong><\/a><\/span><\/span><\/p>\n<p><span style=\"color: #000000;\"><b>6.Credit Guarantee Corporation Malaysia Berhad<\/b><\/span><\/p>\n<p><span style=\"font-weight: 400; color: #000000;\">Credit Guarantee Corporation Malaysia Berhad (CGC) was established on 5 July 1972. It is 78.65% owned by Bank Negara Malaysia and 21.35% by the commercial banks in Malaysia. CGC aims to assist Micro, Small and Medium-Sized Enterprises (MSMEs) with inadequate or without collateral and track record to obtain credit facilities from financial institutions by providing guarantee cover on such facilities. CGC has availed over 470,000 guarantees and financing to MSMEs valued over RM75 billion since its establishment.<\/span><\/p>\n<p><span style=\"color: #000000;\"><b>PRODUCT &amp; SERVICES<\/b><\/span><\/p>\n<p><span style=\"font-weight: 400; color: #000000;\">CONVENTIONAL SCHEMES<\/span><\/p>\n<p><span style=\"font-weight: 400; color: #000000;\">ISLAMIC SCHEMES<\/span><\/p>\n<p><span style=\"font-weight: 400; color: #000000;\">GOVERNMENT-FUNDED SCHEMES<\/span><\/p>\n<p><span style=\"font-weight: 400; color: #000000;\">DIRECT FINANCING<\/span><\/p>\n<p><span style=\"font-weight: 400; color: #000000;\">REBATE MECHANISM<\/span><\/p>\n<p><span style=\"font-weight: 400; color: #000000;\">CGC DEVELOPMENTAL PROGRAMME\u2122<\/span><\/p>\n<p><span style=\"font-weight: 400; color: #000000;\">ONLINE TOOLS<\/span><\/p>\n<p><span style=\"color: #000000;\"><b>Contact no: <\/b><span style=\"font-weight: 400;\">+60 6-601 7600<\/span><\/span><\/p>\n<p><span style=\"color: #000000;\"><b>Address<\/b><span style=\"font-weight: 400;\">:Pusat Dagangan, No. 9, Jalan S2 B15, Seremban 2, 70300 Seremban, Negeri Sembilan, Malaysia<\/span><\/span><\/p>\n<p><span style=\"color: #000000;\"><b>Website:<\/b><a href=\"https:\/\/www.cgc.com.my\/\" target=\"_blank\" rel=\"nofollow\"><strong>https:\/\/www.cgc.com.my\/<\/strong><\/a><\/span><\/p>\n<p><span style=\"color: #000000;\"><strong>7.MAA Group Berhad<\/strong><\/span><\/p>\n<p><span style=\"color: #000000;\">MAA Group Berhad is a Malaysian investment holding company listed on the Main Board of Bursa Malaysia. Our foothold in the financial services industry includes trade receivable financing or factoring, through our wholly owned subsidiary, Maax Factor Sdn Bhd.<\/span><\/p>\n<div class=\"footer-phone\"><span style=\"color: #000000;\">03-6256 8000<\/span><br \/>\n<span style=\"color: #000000;\">010-268 3784<\/span><\/div>\n<div class=\"footer-mail\"><span style=\"color: #000000;\">support@maaxfactor.my<\/span><\/div>\n<div class=\"footer-address\"><span style=\"color: #000000;\">Maax Factor Sdn Bhd (1059122-A)<\/span><br \/>\n<span style=\"color: #000000;\">13th Floor, No 566, Jalan Ipoh<\/span><br \/>\n<span style=\"color: #000000;\">51200 Kuala Lumpur, Malaysia.<\/span><\/div>\n<div class=\"footer-working\"><span style=\"color: #000000;\">Monday &#8211; Friday : 9am &#8211; 6pm<\/span><br \/>\n<span style=\"color: #000000;\">Sat, Sun &amp; Public Holidays : Closed<\/span><\/div>\n<div><\/div>\n<div><strong><span style=\"color: #000000;\">Website:<\/span><span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"https:\/\/www.maaxfactor.my\/\" target=\"_blank\" rel=\"nofollow\">https:\/\/www.maaxfactor.my\/<\/a><\/span><\/strong><\/div>\n","protected":false},"excerpt":{"rendered":"<p>1.Ikhtiar Factoring Sdn. Bhd. Ikhtiar Factoring Sdn Bhd (IFSB) was incorporated on 13 March 2000<\/p>\n","protected":false},"author":1,"featured_media":20347,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6660],"tags":[],"class_list":["post-20322","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-malaysia"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/digitalmarketingdeal.com\/blog\/wp-json\/wp\/v2\/posts\/20322","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/digitalmarketingdeal.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/digitalmarketingdeal.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/digitalmarketingdeal.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/digitalmarketingdeal.com\/blog\/wp-json\/wp\/v2\/comments?post=20322"}],"version-history":[{"count":2,"href":"https:\/\/digitalmarketingdeal.com\/blog\/wp-json\/wp\/v2\/posts\/20322\/revisions"}],"predecessor-version":[{"id":145796,"href":"https:\/\/digitalmarketingdeal.com\/blog\/wp-json\/wp\/v2\/posts\/20322\/revisions\/145796"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/digitalmarketingdeal.com\/blog\/wp-json\/wp\/v2\/media\/20347"}],"wp:attachment":[{"href":"https:\/\/digitalmarketingdeal.com\/blog\/wp-json\/wp\/v2\/media?parent=20322"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/digitalmarketingdeal.com\/blog\/wp-json\/wp\/v2\/categories?post=20322"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/digitalmarketingdeal.com\/blog\/wp-json\/wp\/v2\/tags?post=20322"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}