Qualampur: Microlap, one of the Nine Securities Commission (SC) -iegistered P2P F funding platforms is participating in the newly launched Sarna optional financing scheme, subtle, small and medium enterprises (MSME) and small contractors of Malaysia are participating in the optional financing scheme Increasing your efforts for.
With a proven track record of financial inclusion and a strong nationwide appearance, the microlep is bridging significant financing intervals, which offers innovative Sharia-influence financing options to suit the unique needs of Malaysian businesses.
“As Malaysia dominates the Global Islamic Finance Industry, recently the 2024 Islamic Finance Development is at the top of the Indicator (IFDI), the microelap plays an important role in furthering the country’s economic and Islamic finance targets. In 2024, 207 of the 208 investment notes issued by Microlap were completely Sharia-infinite, underlining its commitment to promote moral, durable and transparent financing solutions, the company said in a statement yesterday.
Through the Sarana Financing Scheme, Microleap provides SMEs and government contractors rapidly, more flexible financing options such as invoice financeing and contract pre-finening, which enables businesses to effectively meet the needs of their working capital. Is.
Unlike traditional financial institutions with strict requirements, the technology takes advantage of the access to microlap capital, to ensure that the undested segment has the opportunity to flourish.
With RM125 million in finance in 2024 alone, the impact of microlep on the SME landscape, marking an extraordinary 101% year-year growth, is undisputed.
Founder and CEO Tanku Danny Nasafuddin Muzaffar emphasized an important role of alternative financing in creating flexibility within the SME region of Malaysia.
“SMEs are the backbone of Malaysia’s economy, but many still face obstacles to achieve the capital they need to grow. Platforms such as microelap are not only filling a difference, but also changing the way businesses reach the financing. Through Sharia-influential and online solutions, we are promoting a more inclusive financial ecosystem that enhances permanent growth, ”he said.
Furthermore, through the Sarna scheme, he said that they are not only providing financing, they are empowering businesses to grow, scale and rapidly demanding environment.
“Challan is a game-changer for financing, especially, SMEs and contractors. This converts their unpaid invoice into immediate cash flow, ensuring that they have the working capital required to complete the contracts, pay suppliers and seize new opportunities, ”he said.
As the only P2P financing platform with offices in Saba, Sarawak, Johor, Penang, and Parak, the microlep ensures that SMEs in Malaysia can use financing according to their needs regardless of location. This strategic access is important to pursue financial inclusion, especially in rural areas, where business often struggles to secure money.
The innovative approach of the microlep is designed on the foundation of strong risk management, ensuring the trust of both borrowers and investors. The platform achieved a default rate of just 0.63% in 2024, strengthening its reputation for reliability from 2023 to 41.1%. Meanwhile, investors’ confidence increased, the new investors who joined the stage last year increased by 61.2%.
SC’s catalyst MSME and MTC with access to the capital market: 5-year-old roadmap (2024-2028), providing a clear outline for the development of the industry, to lead the next wave of innovation in Microleap Islamic and traditional financing Is well deployed.
