Syarikat Bumiputera di Malaysia menghadapi pelbagai cabaran dalam mendapatkan dana pembiayaan, termasuk kekurangan rekod kewangan yang teratur, keperluan kredit dan cagaran yang sukar dipenuhi, dan kekurangan pengalaman dalam pengurusan perniagaan. Selain itu, banyak syarikat ini beroperasi dalam sektor yang dianggap berisiko tinggi dan mempunyai akses terhad kepada jaringan pelaburan. Ramai diantara mereka yang sedang menghadapi cabaran menguruskan aliran tunai akibat pembayaran lambat dan peningkatan kos ketika ini. Dengan suntikan dana pembiayaan daripada inisiatif i-WCPF, anda kini boleh mempercepatkan pemulihan perniagaan anda dan melindungi perniagaan daripada kemelesetan ekonomi.

Inilah sebabnya mengapa perniagaan anda memerlukan Pembiayaan patuh Shariah melalui Inisiatif i-WCPF lebih-lebih lagi pada waktu ini:

1. Dapatkan pembiayaan tanpa dokumen kredit yang rumit

Tidak seperti jenis pembiayaan yang lain, penilaian kredit melalui Inisiatif i-WCPF untuk mendapatkan penyelesaian pembiayaan adalah berdasarkan kemampuan pembayaran pembeli anda dan bukan hanya mengikut kedudukan kredit anda. Ini membolehkan kami membiayai perniagaan anda walaupun status kredit anda mungkin tidak diterima oleh institusi perbankan atau kewangan lain. Kami hanya mengenakan syarat bahawa pembeli korporat anda mempunyai sejarah melunaskan bayaran yang baik dan mempunyai kemampuan untuk membayar sebelum tempoh invois matang.

Pembiayaan patuh Shariah melalui Inisiatif i-WCPF membolehkan anda memanfaatkan kelayakan kredit pembeli korporat anda yang besar untuk mendapatkan pembiayaan.

2. Tidak memerlukan aliran tunai keluar daripada perniagaan anda

Berbeza dengan pinjaman yang biasa, anda tidak perlu mengeluarkan wang tunai setiap bulan untuk membayar caj pinjaman pada jumlah pokok dan faedah atau perlu menyediakan tunai untuk menangani kos tambahan seperti yuran perundangan yang mahal dan seumpamanya. Sebaliknya, segala faedah pembiayaan i-WCPF akan ditolak daripada dana yang dikeluarkan kepada anda sebagai bayaran awal dan pembayaran utama dilakukan oleh Pembeli secara langsung.

Dengan Pembiayaan patuh Shariah melalui Inisiatif i-WCPF, anda boleh mendapatkan aliran wang tunai dan tidak perlu risau mengenai pembayaran semula kerana mudah dan cekapnya program ini.

3. Pembiayaan yang cekap

Jika dibandingkan dengan pinjaman tanpa cagaran, Pembiayaan patuh Shariah melalui Inisiatif i-WCPF adalah kaedah yang berkesan untuk membiayai perniagaan anda kerana ia hanya memerlukan invois. Pertimbangkan senario berikut:

Senario A: Pinjaman Jangka Panjang

Senario B: Pembiayaan patuh Shariah melalui Inisiatif i-WCPF

Syarikat A mengambil pinjaman bersih (tanpa cagaran) dengan kadar faedah 8% setahun atau 0.67% sebulan. Syarikat A perlu membayar faedah sebanyak 0.67% setiap bulan untuk sepanjang tahun walaupun mereka tidak menggunakan kemudahan tersebut selama beberapa bulan.

Syarikat B mengambil Pembiayaan patuh Shariah melalui Inisiatif i-WCPF pada ~1% sebulan. Tetapi Syarikat B hanya perlu menggunakan Pembiayaan patuh Shariah melalui Inisiatif i-WCPF untuk 2 invois sahaja pada tahun itu, mereka hanya perlu membayar 1% untuk setiap bulan bergantung pada tempoh invois (misalnya, masing-masing 2 bulan iaitu faedah 2% ditolak daripada invois masing-masing). Syarikat B tidak akan diminta untuk membayar faedah selama 8 bulan ketika kemudahan itu tidak digunakan. Caj faedah pembiayaan invois ini hanya dikenakan semasa ia digunakan dan pembiayaan ini patuh Syariah, mengikut sistem Tawarruq

4. Lebih murah daripada apa yang anda fikirkan

Jika dibandingkan dengan Overdraf Bank, Pembiayaan Invois sebenarnya lebih murah dan mudah digunakan. Pertimbangkan contoh berikut:

Senario A: Overdraf Bank

Senario B: Pembiayaan patuh Shariah melalui Inisiatif i-WCPF

Untuk kemudahan Overdraf yang bernilai RM 1,000,000, pihak Bank akan meminta usahawan untuk memberikan jaminan seperti Deposit Tetap sebanyak RM 500,000. Ini bermaksud anda hanya akan meminjam RM 500,000 dan bukan menikut jumlah kemudahan yang asalnya. Walau bagaimanapun, caj pembayaran yang dikenakan adalah berdasarkan jumlah kemudahan yang berjumlah RM 1,000,000. Oleh itu, dalam contoh ini, anda membayar faedah dua kali ganda untuk meminjam RM 500,000.

Dengan Pembiayaan patuh Shariah melalui Inisiatif i-WCPF, anda hanya dikenakan bayaran sebanyak RM 500,000 yang telah anda pinjam dan anda juga tidak perlu membayar caj tersembunyi! Caj faedah pembiayaan invois ini hanya dikenakan mengikut penggunaan semasa anda.

5. Kembangkan perniagaan anda dengan lebih pantas

Dengan kemudahan akses kepada wang tunai, anda kini mampu membeli lebih banyak bahan mentah dan menerima lebih banyak pesanan daripada pelanggan anda. Lebih-lebih lagi, anda dapat menawarkan syarat pembayaran lebih lama kepada pelanggan besar korporat anda yang merupakan strategi jualan penting dalam masa sukar ini.

Kemudahan akses aliran tunai yang diberikan oleh i-WCPF dapat mempercepatkan perkembangan perniagaan anda bagi fasa pemulihan ini.

6. Pembiayaan Lembaran Imbangan

Pembiayaan patuh Shariah melalui Inisiatif i-WCPF yang berkaitan dengan invois tidak ditafsirkan sebagai pinjaman dan ia tidak akan mempengaruhi nisbah hutang kepada ekuiti anda. Dengan Pembiayaan patuh Shariah melalui Inisiatif i-WCPF, anda boleh mempercepatkan pendapatan wang pendahuluan pada resit berjadual tanpa peminjaman dana. Oleh itu, ia tidak mempengaruhi jumlah angka hutang anda dan memastikan status kredit anda berada dalam keadaan baik – ini boleh bantu memudahkan permohonan kemudahan kredit daripada institusi bank pada masa akan datang.

Kriteria kelayakan untuk memohon Pembiayaan patuh Shariah melalui Inisiatif i-WCPF

Perniagaan anda menyediakan perkhidmatan atau membekalkan barang kepada syarikat swasta dan Agensi Kerajaan Malaysia, termasuk Kementerian, Jabatan, Anak Syarikat Kerajaan dan syarikat berkaitan kerajaan atau ‘GLC’ dengan syarat bayaran terma kredit (transaksi antara perniagaan)Perniagaan anda mempunyai rekod prestasi yang baik dengan pihak Kerajaan atau swasta sepanjang tempoh berurusan

Hubungi kami supaya kami dapat menolong keperluan pembiayaan perniagaan anda.

Bumiputera akan diberi peluang yang lebih luas melalui pengembangan budaya keusahawanan di pelbagai lapisan masyarakat, untuk membentuk Bumiputera sebagai sebuah bangsa yang berorientasikan perniagaan. Usaha ini akan diperkukuh secara menyeluruh dengan sokongan dan kerjasama daripada pelbagai agensi yang terlibat dalam pembangunan usahawan. Namun, kebanyakan syarikat Bumiputera mengalami masalah tidak mempunyai akses yang mudah kepada dana pembiayaan untuk terus beroperasi.

Invois sedia ada melibatkan tempoh bayaran yang lama malah terdapat bayaran yang terpaksa ditangguhkan oleh pelanggan melalui polisi yang telah ditetapkan, ditambah pula dengan pengurangan jualan yang mendadak menjadikan kedudukan aliran tunai terkesan teruk bagi perniagaan. Walaubagaimanapun, jurang aliran tunai ini dapat dikurangkan dan kelangsungan perniagaan lebih terjamin sekiranya pembiayaan alternatif yang mudah diakses disediakan. Pada kebiasaannya, usahawan syarikat Bumiputera lebih cenderung pergi ke bank untuk mendapatkan pembiayaan perniagaan namun sektor perbankan juga menghadapi cabaran tersendiri untuk memberikan kemudahan pembiayaan patuh Shariah kepada mereka. Maka, Inisiatif i-WCPF telah diperkenalkan secara berfasa untuk membantu meningkatkan aliran tunai perniagaan, terutamanya kepada golongan usahawan Bumiputera yang berurusan dengan syarikat swasta dan Agensi Kerajaan Malaysia, termasuk Kementerian, Jabatan, Anak Syarikat Kerajaan dan syarikat berkaitan kerajaan atau ‘GLC’.

Memperkenalkan Inisiatif i-WCPF – Rakan pembiayaan alternatif baru anda.

Penyelesaian Pembiayaan Invois patuh Shariah melalui inisiatif i-WCPF adalah pendekatan optimum dan fleksibel yang membantu meningkatkan aliran tunai perniagaan anda. Dengan penyelesaian Pembiayaan Invois patuh Shariah melalui Inisiatif i-WCPF, anda boleh mendapatkan pembayaran awal serta-merta berdasarkan jumlah invois anda. Anda tidak perlu risau lagi dengan tempoh bayaran yang lama dari pelanggan anda, malah mampu mengawal sepenuhnya jumlah bayaran daripada penghutang anda tanpa perlu risau!

Kriteria kelayakan untuk penyelesaian Pembiayaan Invois Melalui Inisiatif i-WCPF

Mendapatkan pembiayaan tidaklah sukar. Untuk memudahkan permohonan pembiayaan, kami hanya memerlukan anda memenuhi beberapa kriteria mudah seperti berikut:

• Minimum 51% pegangan saham Bumiputera dalam syarikat;
• Status Bumiputera yang disahkan oleh Kementerian Kewangan atau yang setaraf dengannya (jika berkenaan);
• Ketua Pegawai Eksekutif/ Pengarah Urusan/ majoriti pengurusan tertinggi syarikat adalah Bumiputera;
• Syarikat mesti didaftarkan di Malaysia di bawah Akta Syarikat 2016.
• Bukan Syarikat milikan tunggal (Enterprise), Konglomerat, Syarikat Tersenarai Awam dan anak syarikat, Syarikat Berkaitan Kerajaan (GLC) dan Syarikat Pelaburan Berkaitan Kerajaan (GLIC) dan anak syarikat, syarikat berkaitan kerajaan negeri dan anak syarikat, koperasi, yayasan, persatuan dan organisasi.

Hubungi kami supaya kami dapat menolong keperluan pembiayaan perniagaan anda.

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Ketahui bagaimana Inisiatif i-WCPF dapat mencipta aliran tunai untuk perniagaan anda.

1. Permohonan pembiayaan bermula daripada RM10,000  sehingga RM1,000,000

Permohonan untuk penyelesaian pembiayaan patuh Shariah melalui Inisiatif i-WCPF bermula daripada RM 10,000 sehingga RM1,000,000. Jadi, semakin besar nilai invois anda, semakin besar jumlah pembiayaan anda.

2. Manfaatkan invois daripada jualan anda untuk mendapatkan pembiayaan

Tahukah anda bahawa anda boleh memanfaatkan invois daripada jualan anda untuk mencipta lebih banyak aliran tunai? Betul! Penyelesaian Pembiayaan Invois patuh Shariah melalui Inisiatif i-WCPF bukan sahaja membolehkan aliran tunai perniagaan anda diperbaiki tetapi juga boleh membantu mengelakkan terma bayaran yang kian ditangguhkan, sekaligus mengurangkan kemungkinan timbulnya hutang lapuk. Untuk mula memohon pembiayaan daripada kami, anda hanya perlu melengkapkan pesanan jualan anda, muatnaik invois anda pada platform CapBay, dan kami akan menawarkan bayaran awal sehingga 85% daripada nilai invois anda serta-merta setelah dokumentasi disahkan lengkap.

3. Proses permohonan yang cekap

Selalunya, memohon pembiayaan merupakan tugas yang melecehkan kerana proses yang panjang dan rumit. Sebagai contoh, sebuah bank biasanya mengambil masa sekitar 1-3 bulan untuk memproses permohonan kemudahan pinjaman bergantung kepada kerumitan kes tersebut. Oleh itu, anda terpaksa menanggung masa yang lama sebelum mendapat kelulusan permohonan dan mendapatkan modal pusingan untuk perniagaan ada. Kami memahami perkara ini dan sebab itulah kami akan mengambil masa sehingga 7 hari bekerja saja untuk menguruskan permohonan anda; dengan syarat bahawa dokumen anda lengkap!

4. Terima wang pendahuluan dalam masa 48 jam setelah diluluskan

Setelah permohonan untuk bayaran awal anda diluluskan melalui Inisiatif i-WCPF, kami akan menyalurkan jumlah yang dipohon untuk perniagaan anda secepat 48 jam selepas notifikasi kelulusan. Semudah itu!

5. Bayaran perkhidmatan terendah tanpa kos tersembunyi

Inisiatif i-WCPF bertujuan untuk menyumbang kepada pengitaran ekonomi syarikat Bumiputera dengan menyediakan penyelesaian pembiayaan patuh Shariah serendah 1% atas nilai invois. Kami berharap untuk menyediakan pembiayaan yang boleh diakses oleh kalangan usahawan Bumiputera dengan mudah.

6. Tiada cagaran diperlukan

Lazimnya, proses memohon kemudahan pinjaman daripada bank juga memerlukan cagaran tertentu. Tambahan pula, adalah agak sukar untuk mandapatkan kelulusan  bagi pembiayaan terutamanya jika perniagaan anda baru mula beroperasi untuk beberapa tahun sahaja. Kami menyediakan pembiayaan berdasarkan reputasi syarikat anda dan kelayakan kredit pelanggan anda. Oleh itu, anda tidak perlu risau tentang cagaran apabila anda memohon kemudahan bayaran awal daripada kami.

7. Fleksibiliti pembiayaan

Pembiayaan patuh Shariah melalui Inisiatif i-WCPF memberi anda kawalan penuh untuk memutuskan sama ada anda mahu kami menawarkan bayaran awal untuk semua invois anda atau hanya beberapa yang terpilih. Kami tidak sama seperti institusi pemfaktoran yang lain di mana anda biasanya harus menggadaikan invois untuk jualan anda kepada institusi pemfaktoran tersebut bagi mendapatkan dana – kami faham bahawa ini mungkin mengganggu hubungan niaga dengan pelanggan anda.

Justeru, jika anda membekalkan barang/menyediakan perkhidmatan kepada pelanggan besar secara kredit dengan jumlah invois yang besar, anda boleh memilih penyelesaian Pembiayaan patuh Shariah melalui Inisiatif Invois i-WCPF untuk mendapatkan bayaran awal bagi invois berjumlah besar ini.

Selain itu, penyelesaian pembiayaan patuh Shariah melalui Inisiatif i-WCPF menawarkan fleksibiliti yang lebih tinggi bagi dalam penggunaan modal pusingan anda, malah lebih menjamin aliran wang tunai perusahaan anda supaya cukup untuk membayar perbelanjaan operasi perniagaan sambil memenuhi keperluan pelanggan anda yang lain.

8. Fleksibiliti permohonan dalam talian

Permohonan pembiayaan sepatutnya boleh dipercepatkan jika anda mempunyai pilihan untuk menghantar semua dokumen serta invois secara dalam talian berbanding menghantar dokumen secara fizikal dan perlunya melawat pihak pembiaya berkali-kali.

Melalui inisiatif di bawah TERAJU ini, anda boleh memohon bayaran awal melalui saluran dalam talian dengan cepat. Anda mempunyai pilihan untuk memuatnaik invois dan juga menyemak status permohonan anda dengan hanya beberapa klik dari skrin komputer riba anda.

Kesimpulan

Cabaran untuk mengembangkan lagi perniagaan pada masa kini amat memberi kebimbangan. Namun, dengan inisiatif i-WCPF di bawah TERAJU ini dapat meningkatkan peluang kepada para usahawan Bumiputera untuk terus maju dan berdaya saing di peringkat global. Gunakan peluang ini dengan bijak untuk menambahbaik situasi perniagaan anda dan mengekalkan aliran tunai yang sihat biarpun pada waktu yang mencabar ini. Hubungi kami hari ini dan ucapkan selamat tinggal kepada masalah pembiayaan perniagaan anda.

Hubungi kami supaya kami dapat menolong keperluan pembiayaan perniagaan anda.

CapBay Thailand is a member of the Thai Factoring Association, and we have participated in a press conference together with the association to promote both domestic and international factoring on the 1st August 2024. Source.

“Factoring”: A short-term working Capital solution helping SMEs gain access to funds. Currently, over 3 million Thai entrepreneurs face limited funding access, with less than 50% of their need.

In an era where the economy is facing tough times, market are filled with products, yet they remain quiet. Vendors and small to large entrepreneurs alike are voicing their concerns, as “Chinese products” continue to flood nearly every Thai market. With their massive production capacity and lower cost, Chinese products are often priced more competitively than their Thai counterparts. Without trade barriers or protective measures, a price war is inevitable. The question now is, how can Thai products compete?

The COVID-19 crisis has already made things tough, but the current economic challenges are even more daunting. Many small entrepreneurs had to close their factories. While the government has introduced measures to support debtors and SMEs, such as the “100 billion baht Soft Loan,” the policy, though well-intentioned, is challenging for newly established medium, small, and micro-entrepreneurs to access. The strict conditions imposed by banks make it difficult for SMEs that aren’t deemed “creditworthy” to secure these funds, leaving many.

“Believe it or not, according to the Bank of Thailand, there are currently over 3 million SMEs in the country, yet less than 50% have access to capital. This statistic highlights many issues. Each year, the total loan amount is  more than 300 billion baht. If the government prioritizes promoting factoring loans to assist entrepreneurs who still have limited access to funding, it would be a significant opportunity for SMEs, addressing many of the challenges faced by businesses in the country. Factoring is specifically tailored to support business growth,”

Mr. Akarwit Suksai, President Of The Thai Factoring Business Association (TFA)

The “Thai Factoring Business Association” was established on October 26, 2000, with the aim of promoting and supporting the factoring industry. The Association focuses on developing business standards, educating the public about the factoring business, and protecting the interests of its members. It also collaborates with both government and private agencies. Currently, the Association has 13 members, including 4 commercial banks and 9 non-bank financial institutions.

Understanding the “Factoring Business”

“Factoring business” involves providing short-term working capital loans with terms not exceeding 180 days.

Advantages of Factoring

Factoring “interest” typically starts at MRR+, reflecting the difference in the interest rate charged. It’s important to note that factory loans are strictly business-oriented.

There’s also “International Factoring,” a financial service that allows businesses to manage cash flow by selling accounts receivable (invoices) to third parties at a discount. This transaction occurs internationally, such as when the seller is in Thailand and the buyer is abroad. This approach provides instant cash flow, reduces the risk of non-payment from international customers, and enhances competitiveness.

The key advantage of “International Factoring” for Thai entrepreneurs is that it is easy to apply for and withdraw funds without requiring collateral. Entrepreneurs can access up to 90% of the funds within one day, with interest charged only for the actual usage period.

 “The key focus moving forward is to enhance the Association’s public relations efforts while actively reaching out to small entrepreneurs who currently lack access to capital. The Association is dedicated to genuinely supporting these entrepreneurs and hopes that these efforts will help increase liquidity, enabling Thai business to grow and thrive.”

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Looking for financing for your business based in Thailand? Let us help!

• P2P fundraising saw a 38% increase in 2022, raising RM1.58 billion across 24,455 campaigns as announced in Securities Commission Malaysia Annual Report 2022
• CapBay played a role in the growth, having finance RM1 for every RM4 raised through P2P financing in 2022
• Government reinforces commitment to bridging the financing gap through MyCIF and DIGID initiatives

KUALA LUMPUR, 27th March 2023 – Peer-to-peer (P2P) financing in Malaysia has continued to experience strong growth, with a 38% increase in financing amount for a total of RM1.58 billion across 24,455 campaigns in 2022 as reported in Securities Commission Malaysia’s recently announced Annual Report 2022. This comes on the back of a surge in the number of issuers with an 88% increase, highlighting the strength of alternative financing as a viable source of funding for the underbanked Small and Medium Enterprises (SME) segment.

Continued headroom for alternative financing growth

While adoption rate continues to improve, there are still opportunities for alternative financing such as equity crowdfunding (ECF) and P2P financing as the penetration rate in Malaysia is still relatively low. In 2020, ECF and P2P only contributed <1% of the economy when compared to traditional financing at around 88%, lagging behind neighbouring countries such as Indonesia and Singapore, signalling potential for future growth.

CapBay’s Co-founder and CEO, Ang Xing Xian, concurs that the growth opportunities within P2P financing has not reached its full growth potential. “The P2P financing industry has been vital in the Covid-19 recovery, extending a lifeline to businesses who require urgent working capital assistance. As we move towards a post-pandemic economy, the industry’s continued growth is a testament to the viability of P2P financing. CapBay is proud to have played a role in the growth, having financed RM1 for every RM4 raised through P2P financing in 2022, demonstrating our commitment to supporting underbanked SMEs.”

Ang Xing Xian, Co-Founder and CEO of CapBay

P2P financing campaigns outside the Klang Valley has doubled

Further growth opportunities exist for niche sectors such as agriculture, real estate, and healthcare that have shown impressive growth in 2022, but still lag behind sectors such as wholesale and retail trade; repair of motor vehicles and motorcycles that represented over 58% of financing raised. Furthermore, while the number of campaigns outside the Klang Valley has doubled, 54% of issuers are still located within Kuala Lumpur and Selangor.

In 2022, one of the most popular P2P financing products was invoice financing at 21% of the total investment notes, which is typically a lower risk product. “CapBay’s focus is in the lower risk segment, having contributed over 2,200 invoice financing notes in 2022 alone. We remain committed to maintaining prudent risk management practices, and will continue to prioritise lower risk products to safeguard both our investors and issuers,” said Xing Xian.

Government initiatives reflect commitment to developing alternative financing

Recognising the key role of alternative financing, the Government has continued initiatives to bridge the financing gap. Within Budget 2023, the Government committed RM40 million to the Malaysia Co-Investment Fund (MyCIF). According to the recent MyCIF report, the funds raised by P2P and ECF operators have increased sixfold since 2018 with the support of MyCIF. MyCIF will also introduce new initiatives to increase their co-investment ratio into ESG (environmental, social, governance) related campaigns and extend existing initiatives for the agriculture sector.

The Digital Innovation Fund (DIGID) was also introduced in Budget 2023 to co-fund projects that demonstrate the use of innovative technology within the Malaysian capital market. This initiative would assist in developing new sources of growth, process enhancements, and improve competitiveness through the use of new technologies.

At CapBay, we value and appreciate our employees, also known as “CapBaes”. We strongly believe they are the foundation and pillars that help to grow CapBay forward. That is why we encourage our CapBaes to strive not just at work, but in their personal life too! Work hard, play hard! Our Head of People and Leadership Development Manager, Chin Ai dives deep into how Chun Shui got into CapBay and to where he is now!

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Chin Ai: Hi Chun Shui! Thank you for taking your time to participate in this session with us. Before we start, I would like to first congratulate you on your recent achievement of your Final Year Project being accepted at the 25th year UK Conference on Medical Image Understanding and Analysis. Congratulations!

Chun Shui: Thank you thank you!

Chin Ai: Could you tell us a little bit more about the UK Conference and also what your final year project is about?

Chun Shui: In summary, my project is about a landmark detection model for oral images to identify oral cancer. Basically, it pinpoints the mouth location first before we input the model classification, which will sort out the severity of the oral images. We have to ensure our model’s accuracy too so the results are not affected by other factors such as skin colours.

Chin Ai: That’s really cool! How about telling us how you ended up in CapBay?

Chun Shui: I was scouting for internships and always wanted to join a start-up. Initially I was having a bit of a hard time searching as I realized there weren’t many local financial firms that utilised the AI technology much. However with a bit of luck, while looking through Linkedin I stumbled across the profile of CapBay’s founder, Xing Xian and noticed he owns a fintech start-up. So I went ahead and inquired about the opportunity for an internship, and the rest is history haha.

Chin Ai: Wow that’s quite the history. Do you enjoy being in CapBay?

Chun Shui: Yep! I’ve been here since 2 years ago, starting as an intern before becoming full time eventually. Rather than being assigned to minor tasks all the time I’m given the opportunity to handle different types of projects, thus being exposed to a variety of code language! You can learn a lot of things here.

Chin Ai: Wow that’s great to hear! You graduated just recently as well right?

Chun Shui: Yep! I’m a 2021 February graduate.

Chin Ai: Wow congratulations! Would you say you are very happy that even though you just graduated and you already have so much experience and so much chance to try out different things?

Chun Shui: Yeah! Initially my plan is to further my studies and perhaps allocate 2-3 hours to work on some projects but due to the pandemic everything is being digitized. So I now have more flexibility in juggling between work and study. Plus with the constant lockdown I might as well do something meaningful while learning something new.

Chin Ai: Here’s a fun question. As someone who enjoys and understands machine learning, how do you see yourself using machine learning in CapBay?

Chun Shui: There’s a lot of possible areas we can explore with machine learning especially for the credit department. With that technology we can explore the credit scoring field and even scan through the financial documents. Right now what we actually wanted to do is how to assist them in the loan approval process through the help of machine learning.

Chin Ai: That’s amazing! What do you love about the team you are working with?

Chun Shui: What I love is our teamwork, which contributed to most of our tasks being finished before their deadlines. I want to especially thank Nat as well, who is a part timer. He reminded me of my earlier days, he’s independent as he can handle a lot of enhancement and bugs by himself. I would like to mention my other teammate Abang Naz too. He’s our senior software engineer and he would help me when there’s any big issues, however now that we have more experience in various types of platforms so it’s easier for us to develop new features. Definitely a lot to learn from Abang Naz haha!

Chin Ai: I love how you emphasize the learning culture within your team. Would you say that’s true for all of CapBaes that’s continuing to learn and learn from one another?

Chun Shui: I would say our culture is quite good because we would still give the juniors the opportunity to develop their ideas and we will review their codes. If the code quality is good, then we will approve it whereas in bigger companies (such as banks) they might be less lenient in letting juniors to partake in more complex tasks so your exposure might be limited. I quite like it in CapBay as we can all learn together, for example in my team we would brainstorm together to further improve a chosen solution.

Chin Ai: Wow that’s good. What professional advice would you give to the people with the same job profession as you?

Chun Shui: Having patience is important. When I was still a junior developer intern, I used to be very impatient for all the bug fixing to be done. As those can be time consuming to the point of taking the whole week to debug one issue. As a developer I think it’s vital to be patient and find out the root cause of the issue and implement the best solution from trial and errors.

Chin Ai: I see, that’s cool! What is one thing you would love to tell your team members that you are too shy to tell them in person?

Chun Shui: Hmmm personally I don’t know what to say. As we are usually quite open to each other haha.

Chin Ai: Thank you so much Chun Shui! That’s all from me, and congratulations again on your MIUA achievement!

Chun Shui: Thank you thank you!

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Kickstart your career here at CapBay. We are offering internships and full-time positions! Head over to capbay.com/career for more information or shoot us an email at [email protected] to learn more. 

You can follow us on LinkedIn too to be in the loop of everything that happens in CapBay 🙂

Since the outbreak of the COVID-19 pandemic, we’ve observed high market volatility due to the uncertainties surrounding economic restrictions in Malaysia. We know investors are actively searching for alternative investments to earn steady returns on their investments. Today, we’ll be talking about how you can consider investing with CapBay Peer-to-Peer (P2P) as a way to diversify your investment portfolio while earning attractive returns.

In short, P2P Financing platforms match businesses directly to investors to obtain financing. You don’t need a middleman like a financial institution to work as an intermediary. It’s a two-way street. Businesses have the opportunity to raise funds for their company and you, as an investor, get to see what you are investing and how much you will get in return.

While a lot of articles talk about the benefits of P2P financing for SMEs, there are also many advantages of being an investor. Read on to find out more:

1. Earn steady and reliable net returns

By investing with CapBay P2P, you can unlock net returns of up to 10% p.a. Of course, like any investment, these returns come at a risk. Remember that when investing on P2P platforms, risk-returns are dependent on the credibility of the Issuers on the platform. This differs from other market-linked investments such as mutual funds and equities where the returns fluctuate according to the performance of the stock market.

2. Robust risk management

Leveraging data and automation, CapBay is able to curate high quality and safer financing notes for investors. Recognising the risks involved, CapBay specializes in providing financing to SMEs backed by blue-chip companies and Government-Linked Companies (GLCs). This allows our investors to invest in much safer SMEs.

3. Passive Investing

In CapBay, we aim to provide a seamless investment experience from account opening till the end. With our Auto Invest feature, you can easily automate your investment across various notes on our platform. All you have to do is select an Auto Invest profile according to your risk appetite and CapBay will take care of the rest. Alternatively, you can also manually invest more in notes that you are confident in. However, it should be highlighted here that diversification does not eliminate or remove all risk in respect of investment.

4. Generate returns on undeployed cash

Another great feature when investing on the CapBay P2P platform is that we ensure your money will truly work for you. CapBay Plus ensures that you continue to generate returns, giving you FD equivalent returns on undeployed cash as long as your Auto Invest profile is enabled.

5. Contribute to the growth of Malaysian SMEs

As you know, P2P is a form of crowdfunding that enables Malaysian SMEs to obtain financing directly from investors. This simplifies the financing process for SMEs while providing alternative investment opportunities with attractive returns for investors. And most Issuers on the platform are made up of (SMEs) which are heavily impacted by the pandemic. By investing in P2P, you can support Malaysian SMEs and improve the economy too! As any Malaysian will say, Malaysia Boleh!

*This article is not meant to recommend CapBay P2P products or be used as a tool to make any investment or financial decisions. Product recommendations must be independently evaluated before you invest. Any product recommendation by CapBay must not be regarded as financial planning or financial advice.

• The CapBay Assure programme offers investors principal plus interest guaranteed investments, yielding up to 6% p.a. net returns (after fees)
• CapBay P2P has financed more than RM 300 million since the implementation of Movement Controlled Order (MCO) while maintaining <0.1% default rate

KUALA LUMPUR, 13 July 2021 – CAPBAY, a Malaysian Multi-Bank Supply Chain Finance and Peer-to-Peer Financing (P2P) platform launches CapBay Assure; a guarantee programme that protects an investor’s principal and interest through a reserve fund while ensuring net returns (after fees) of up to 6% p.a. The Assure Programme is a first-in-market that is designed to guarantee principal and interest payouts via a reserve fund that maintains a coverage ratio which is three to five times the expected default rate.

 

 

Ang Xing Xian, Co-founder and CEO of CapBay

 

Attractive returns backed by a reserve fund in current low yield environment

 

“We are excited to launch CapBay Assure after many months of meticulously designing the programme to ensure proper safeguards are in place. We introduced this programme due to strong investor demand for a safer P2P investment option that still yields higher returns compared to fixed deposits or money market funds. We believe that it is the right time to launch Assure on the back of the low interest rate environment and the current general economic concerns”.

 

“The structure of the programme gives our more cautious investors an option to significantly reduce their risks in exchange for slightly lower returns. While we’ve managed to maintain our 0% default rate throughout the pandemic, we believe that CapBay Assure will give investors greater confidence and is an important milestone in making P2P investments mainstream,” said CapBay’s Co-founder and CEO Ang Xing Xian, adding that CapBay Assure also translates the Company’s mission to make not only financing but also investment opportunities accessible to all levels of society. 

 

CapBay was part of the second batch of P2P license recipients in 2019 and launched its P2P platform amidst the COVID-19 situation with the intention of widening investment opportunities and providing access to financing to underserved SMEs. Since then, they have surpassed the RM300 million financing mark for P2P, setting a new record for the shortest time to achieve RM100 million among its peers. The CapBay Group, which includes its multi-bank supply chain finance platform, has been operating since 2017 and has surpassed RM1.2 billion in transactions.

 

Invest in safer asset class backed by the government and large corporate receivables while earning stable returns 

 

Through its strategic partnership with top institutions, CapBay enables investors to invest alongside institutional investors in a safer asset class that is backed by the government and corporate receivables, yielding net returns of up to 10% p.a. CapBay’s technological expertise differentiates itself by offering lower risk and higher quality investment notes. To date, CapBay has maintained a 0% default rate. 

 

“Through robust risk management and advanced credit scoring, we ensure our investors’ interests are protected. Since the implementation of MCO, we are aware that investors are actively looking for higher quality investment products that are low risk while also generating steady returns. CapBay aims to fill this gap,” added Ang.

 

CapBay’s expertise in the area of technology has earned them the prestigious award of “Fintech Startup of the Year” by The Triple A Digital Awards. This accolade marks CapBay as the first and only Malaysian fintech startup to be acknowledged with such recognition.

 

Recently, CapBay secured its Series A funding to further strengthen its technological infrastructure to enable efficient financing and market expansion in order to reach a wide range of investors and underserved SMEs. CapBay’s impressive business performance laid the foundation for successful fundraising. 

For more information on CapBay Assure, please visit https://capbay.com/capbay-assure/

To begin your investing journey with CapBay, visit https://capbay.com/invest/