Nature & purpose of funding

In general, the funding need of a business covers either one or a combination of the following:-

• General working capital
This may include:-
- Settling suppliers earlier for better costing
- Maintaining wider array of product range
- Extending more flexible credit term to customers
- Ensuring a healthy cash flow for general operation

• Property acquisition
It could be for purchase of factory, shoplot or other commercial properties. You may also consider land purchase to set up own production plant or warehouse.

• Other capital expenditure (capex)
- Plant & machinery
- Equipment
- Renovation

• Refinancing
Where applicable, you may also explore the viability of refinancing your existing bank borrowings for a more appropriate terms and structure.