Can I read Micro Financing Facility Offer Details on EtoBox?

Micro Financing Facility Offer Details by cheekarmeng91 is a document available to read on EtoBox.

What is Micro Financing Facility Offer Details about?

This letter is offering M&C Precision Sdn Bhd a RM110,000 facility from Modalku Ventures Sdn Bhd consisting of: - A RM100,000 facility to finance working capital - RM10,000 to finance utilization and guarantee fees The 18-month facility has an interest rate of 1% per month on the utilized amount. Various fees are described including late payment interest, prepayment fee, records request fee, and restructuring fee. Repayment structure is in Appendix A. The facility requires a guarantee from Chee Kar Meng

Author

cheekarmeng91

Language

EN