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[MRANTI Webinar] Factoring: A Financing Option to Power Business Growth
Aug 11, 2022 11:00 AM
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Aug 11, 2022 12:00 PM
Virtual
Admission is Free
Overview

Cash is your company’s lifeline. As the company turns its capital/cash into goods, stock, work in progress etc., it also has a monthly commitment such as salaries, rental, electricity, phone bills, water bills and various authority fees whilst waiting for customer to pay.

Factoring/Invoice financing is a solution for the ‘opportunity loss’ when cash shortage occurs simultaneously with new business opportunity. Time is Money and one should not seat around waiting for customer to pay in order to do the next job. If one does this, the economy will generate less GDP and less wealth created.

As the business expands, it needs more factoring facilities (cash) because the cash it collects from customers is being put back to “work” in order to make more profit so that the capital get stronger by using the factoring facilities, the company’s capital  growth from strength to strength .

Key Takeaway

  • Understand the importance of factoring to SMEs & country
  • Learn how factoring may assist your business growth

Course Breakdown

  • 45minutes presentation
  • 15 minutes Q&A

Why Join Us?

“Very helpful and informative. Innovative platform. I learned many things which I may not have discovered on my own based on the limitations of my time and knowledge. So, attending the MaGIC talks has opened up my mind to new knowledge and insights. I am so grateful to the MaGIC platform.”

“Thank you for the useful information, tools and resources shared during the session” - Chang Seng

“Great sessions to enhance our knowledge to improve what we don’t know” - Chan

“I like the tools that’s provided, I see that it will be useful” - Nora

Speakers
Mohd Nazri
Head of Business Development, Planworth Global Factoring (PGF)
Partners
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