Invoice factoring is commonly referred as accounts receivable factoring, accounts receivable financing or debtor finance. Invoice Factoring occurs when a business sells its accounts receivable (invoices) to a third party (eg. factoring companies) at a discount. Factoring companies provide cash advance to businesses against assignment of the account receivables. The factoring company then takes over [...]
In recent years, financial technology (fintech) has dominated the conversation in the financial services industry, with many banks and institutions trying to adapt to the fast-changing scenario. For businesses, this has heralded an increased ease in undertaking financial matters, especially regarding access to financing, which has traditionally been a recurring issue. One such development in […]
Kuala Lumpur, MY — 25 MAY 2018 – CapitalBay, a FinTech company, leading the way for Supply Chain Finance in Malaysia has announced that it has received two separate awards from the prestigious Asian Bankers Awards in Beijing, alongside top international transaction banks such as Bank of America, Deutsche Bank, and Mizuho Bank. Also present […]
By CapitalBay If you’re running a small enterprise – say you’re in the business of supplying large restaurants and hotels with fresh fish – it’s easy to get into a situation where you’re short on cash, even though you have to pay clients. That’s because clients sometimes pay late, but you must meet deadlines, like […]
Nature’s Creation Sdn Bhd specialises in providing top quality of water pond decoration including the widest and most complete of products range from landscaping, waterfall, bridge, pond, sculpture, fountain, to water slide. Being in the business for about 2 decades, its business owner, Mr Fang views that cash flow is the main working capital challenge, particularly [...]
CapitalBay was recently featured as one of The 12 Hottest Fintech Startups in Malaysia by prominent fintech news website Fintech Malaysia. In a detailed report, Fintech Malaysia said CapitalBay helps corporations "optimise their working capital", providing businesses with real-time technology "to collaborate with a wider network of financial institutions to access financing opportunities." CapitalBay, the [...]