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Factoring & Islamic financing

Finance the contract, let the invoice settle it.

A contractor holding an LOA approaches three financiers at once. Credix brings the application to your desk complete and traceable, whether it arrives from the contractor directly or through your agents and brokers.

Book a demo nowPrice on scoped proposal.
Incoming applications3 overnight
  • Sri Bina Murni Sdn BhdRM 2,000,000
    Awarder JKR Perak · 36 month contract
    LOASSMBank 6 mthInvoice scheduleComplete
    via Portal · 02:14
  • Delta Infra ResourcesRM 850,000
    Awarder TNB · 18 month contract
    LOASSMAwaiting bank statement
    via Agent · 21:47
  • Mutiara Jaya EnterpriseRM 1,240,000
    Awarder MBSA · 24 month contract
    LOASSMBank 6 mthComplete
    via Portal · 23:02

All three arrived after the office closed. Illustrative.

01 · Application portal

Applications arrive on their own, 24 hours a day.

  • Submit

    Contractors and agents complete the application in the portal, with contract details, the LOA and supporting documents attached.

  • Receive

    A complete application enters the assessment queue directly. No more collecting documents one at a time over WhatsApp.

  • Track

    Applicants check their own status. Your team spends its time assessing rather than answering follow-up calls.

02 · Contract to cash

Built the way contract financing actually runs.

Illustrative figures

  1. ContractRM 2,000,000Drawdown RM 500,000

    Approved against contract value and the invoice schedule. For bonds, supplier payments and working capital.

  2. InvoiceRM 1,000,000Advance 70% · RM 700,000

    Purchased once the work is complete and the invoice is issued to the awarder.

  3. Auto-nettingRM 200,000Net to client

    The RM 500,000 drawdown is deducted from the advance automatically. No manual calculation, no leakage.

  4. ReserveRM 300,000Released after the awarder pays

    Less late and administrative charges, which the system computes itself.

How the invoice settles the drawdown

RM 700,000advanceRM 500,000drawdown=RM 200,000net

One contract, many invoices. Netting splits across invoices follow your company's settings, not ours.

03 · Operational control

Every facility and every invoice, in one view.

With an audit trail on every transaction, and management reporting your auditor can work from.

e-Invoicing

LHDN e-Invoice enforcement has been live since 1 July 2026 for the RM1m to RM5m band.

Your e-Invoice readiness is scoped and delivered inside your implementation, as an explicit line in the fee.

Where to start

A free e-Invoicing readiness review.

We look at your current contract-to-cash flow against what enforcement now requires. Findings come back on one page.

Request the review

In the field

A licensed Malaysian factoring company has run its contract financing on Credix since 2025, across more than 300 facilities.

A reference call is offered at proposal stage. Price on scoped proposal.

Credix is one of three platforms we build and run.

Million Virtue Partners builds Shariah-compliant governance, financing and AI systems for Malaysian institutions.