Contract Financing Malaysia
Contract Financing Malaysia is a financing facilities which are available in the Bank The Scheme offers financing to customers who are Main Contractors or Nominated Sub-Contractors having secured contract(s) from approved awarding parties mainly government ministries, department and agencies Mechanics of Financing Providing loan facilities to fund the implementation of contract(s) until full completion. The funding mechanism works by assigning the contract payments to the awarded parties direct from the Bank. Financing is offered on a pre-implementation or post-completion basis, or a combination of both. Types of Contract Supply direct supply contract or contract with added value in the form of installation, testing, commissioning, training, etc. Construction and infrastructure projects including works in civil, mechanical, electrical and information & communication technology. Other business services contract such as providing services and maintenance. Eligibi...