• How to improve chances of securing the desired funding?
- Be clear about the funding purpose & capabilities for repayment or investment return
- Deal with appropriate funders that better understand the business and funding requirement
- If the targeted funder is banking institutes, demonstrate good borrower character via healthy repayment record of other bank borrowings on CCRIS (Central Credit Reference Information System) maintained at Bank Negara Malaysia, and no adverse record of legal proceedings or bankruptcy
- Present adequate information with supporting document to enable the funders to make informed judgement and correctly structure the funding
- Engage a professional consultant to assist in the funding procurement
• Funding options and the different stages of business life
• Funding for start-ups |