A few words

Cheque Cashing

In business, some urgent cash needs may come across to us. It may be due to a delay in collection of debt from customer. Or some business opportunity that may require short term financing. When you are need cash in hand immediately, cheque cashing from your business is the best option.

Scenario

  1. You are a business owner and you may receive a post-dated cheque from your vendors. First, you must ask the vendor to write the cheque in our money lender’s name and we will evaluate the background of the cheque issuer. Finally, the borrower will receive the loan after deduct the handling fee and interest on the loan.
  2. You need an urgent business financing for your daily operation use. Due to some delay in collections of debts , or your stocks being held by customs, you need a business loan to pay off your debts. You can issue a post-dated cheque from your own business, since you know the expected collection date.
  3. If you are a salaried employee, you may receive a post-dated cheque from your employer. The employer may issue you a post-dated cheque as due to logistic problem. Or settlement payment from your employer, which may not due yet.

The Process

For whatever the situation, if you have a cheque which is post-dated, but you are in need of urgent cash, we can help to cash out the cheque. Firstly, for own cheque issued by the business, we will need to verify the credit profile of respective businesses.

We will verify that the cheque against the bank statement to validate if it is really your salary. Lastly, the borrower needs to sign some agreements to reimburse the lender if the cheque bounces when it is banked in. After finish those process, the borrower can receive the cash immediately.

Who are we?

Firstly, we are one of the best licensed money lenders which have over 10 years experiences in this field. Next, we provide business loanSME loanworking capital loanpersonal loan and debt consolidation loan.

We specialize in Pasir Gudang, Yong Peng, Kluang, Kulai, Senai, Kota Tinggi, Masai, Simpang Renggam, Johor Bahru, Skudai, Gelang Patah and so on.In addition, we also have branches throughout places in Malaysia such as KL, Penang, Selangor, Seremban, Melaka, Ipoh and Kuantan.

Conclusion

If you are currently facing financial difficulties, always feel free to call us so that we can provide you our best service for you. We might also have an alternative monetary assistance to help you such as business loan for factories, small and medium enterprises, refinancing and personal loan to offer. We believe that cheque cashing is one of the best way to help you solve your urgent financial difficulties. Call us now if you are interesting for any requiry!

For sure,credit profile of borrowers may affect the approval rate of the loan.So, what will be the possible factors?First, someone who work more than 3 years and have a quite stable position will have a good credit profile compare to someone who work for 3 months only. If the borrower stay at rented place but not at his own house, it will be a higher approval rate on the borrower which have his own house.Next, It would be ideal credit profile if you are someone who receive cash salary.Someone who received salary that are auto-credited into their bank account will have a better credit profile.