Contract Financing

Contract Financing is a financial assistance service for SMEs. We provide funding for our customers to enable them to fulfill their contractual obligations to the buyer. This allows the seller to complete the work on time and to the buyer’s satisfaction, while also maintaining their own financial stability.

A financial assistance for SMEs

Start Apply for #ContractFinancing!

Your Shariah compliant financing Solution

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The 8 Stages of Digital Process

 1. Register and Verify your employee account us via email.

 2. Apply for Contrat financing.

 3. Digitally upload your information and documentation.

 4. Waiting for admin approval estimate time 24 hours max.

 5. You will received a email and required to accept/decline the offer from the dashboard.

 6. Sign Facility Agreement

 7. You will receive email once the fund is successfully disbursed

 8. You’ve got your Contract Financing!

Onboarded Employers

Orpheus has on-boarded numerous paymaster including public listed companies and universities. Here are some of the companies that are already receiving our services, and we would be delighted to have you joining us too!

Orpheus has on-boarded numerous paymasters including public listed companies and universities. Here are some of the companies that are already receiving our services, and we would be delighted to have you joining us too!

FAQs

Invoice financing is a cash flow solution that enables businesses to get advances on money owed by customers upon completion of goods or rendered services, without waiting for the delays of payment terms that can range from 30 days to 90 days.

Invoice Financing is suitable in the case of a business deciding to sell their invoices (upon completion of goods or rendered services) to a third party, a Financing or Factoring company at a discount, such as to Orpheus. Orpheus then takes over the task of collecting the receivables by the predetermined deadline. With Invoice financing, you can get instant upfront payment of up to 80% of the invoice amount without having to wait for the payment terms from your customer.

For invoice financing, up to 80% of the invoice value will be disbursed into your bank’s account as quickly as within 24-48 hours.

Maximum up to 80% of invoice or contract value. We are able to offer financing beginning from RM10,000 (minimum) and up to RM 500,000 (maximum). The tenure of the facility is up to 6 months or 180 days.

Apart from the cost of financing, there is a one- off platform fee (one-time platform fees of 1.5% of invoice/contract value) and an admin fee (RM 750 one-time). 

There will be a late payment fees incurred and all the additional amounts will be donated into charities.

8 documents are required to be prepared by you for the Invoice Financing application, which are : 

  • Your bank statements of the last 3 months
  • Photocopy of IC
  • Joint and Several Guarantee 
  • Director’s Resolution
  • Letter of Factoring
  • Letter of Consent
  • Invoice
  • Facility Agreement

and the rest of the documents are digitally prepared by our platform.

Yes, the platform will send a notification via email informing them on the arrangement of payment assignment to Orpheus.

We Process Your Loan in Less Than 5 Mins!

Shariah Compliant Cash Flow Solutions for SMEs & Individuals

Contact

+6018-2191-337
+603-6211-0002

C-4, Taman Tunku, Off Jln Langgak Tunku, Bukit Tunku, 50480 Kuala Lumpur, Malaysia

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