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Working Capital Financing
Revolving Credit
- Short term working capital
- Flexibility of drawing funds in multiples of RM 100,000-00
- Interest is pegged to the bank's cost of funds
- Rollover for period of 1,3 and 6 months
- Features
- Users
Similar to Overdraft, this facility is short-term in nature and is used to meet short-term working capital requirements. However, unlike Overdraft, the Revolving Credit facility has a determined and agreed repayment period.
Upon maturity of each drawdown, repayment is in full, or it can be rolled-over for the amount and tenor required subject to servicing of interest. Interest is payable on maturity of the Revolving Credit facility.
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