Frequently Asked Questions
01.
What is INFT?
INFT is a fintech lending platform that owns a licensed moneylender company, Pay I88 Sdn. Bhd. which provides financing solutions to businesses.
02.
How do I apply?
Fill in the application at our main page under the button "Apply Now”.
03.
How long is the application process?
It takes about 3 minutes to fill up the application form if you have all the relevant information and documents ready.
04.
How long will my application take to process?
1) Once you have submitted your documents, INFT provides an outcome in as fast as 3 hours*.
2) Upon submission of withdrawal request, loan will be disbursed to your designated bank account as fast as 3 hours**.
*If application is submitted during the business day from Monday to Friday, 9.00am-4.00pm.
**Upon Stamping and a copy of the stamped agreement is delivered to borrower.
05.
What documents do I need to prepare and submit?
Mandatory supporting documents:
1) All Director’s/Partner’s NRIC Back and Front
2) Official SSM registration documents for the company (ie. Section 14, 15, 17 and 58)
3) Latest 6 months company bank statement
4) Latest 1 year audited accounts
5) Latest Borang B and tax receipts of Directors
06.
Will the funds be automatically credited to my bank account on approval?
Once you have submitted your application for a loan, we will provide an outcome as fast as 3 hours. Loan will be disbursed to your designated bank account as fast as 3 hours only upon request**.
*If application is submitted during the business day from Monday to Friday, 9.00am-4.00pm.
**Upon stamping and a copy of the stamped agreement is delivered to borrower.
07.
What financing solutions do you provide?
Business Term Loan
Regular monthly repayments of 6 or 12 months tenure
08.
Is my company eligible for the Business Term Loan financing?
To be eligible as a client for INFT platform, your company must be:
1. Locally owned SME companies (Either a Sdn Bhd or Limited Liability Partnership)
2. At least 1 year of active operations
3. Directors ages between 18 and 65 years old
09.
Are you a licensed moneylender in Malaysia?
We are a licensed moneylender company with License [No.WL7275/10/01-2/161223] valid from [17/12/2021 - 16/12/2023] which is regulated and approved by the Malaysia Ministry of Housing of Housing & Local Government under the Money Lenders Act 1951.
10.
How can I be assured that my data is secured with INFT Malaysia
All confidential information provided is kept private and secure. We do not share, re-sell or disclose clients’ data with any third parties (unless required by law).
11.
How can I contact INFT Malaysia?
You may email us at cs@inft.com.my or Whatsapp/call us at +6018-7928328.