No. | Risk Reduction | Incentive Rate % (up to) |
---|---|---|
1 |
Invoice is INSURED against Bad Debt / Delayed Payments @90%
|
2.50 |
2 |
Buyer is Government of Malaysia / GLCs or its Agencies / Subsidiaries
|
1.50 |
3 |
Buyer has >RM50m of Cash & Cash Equivalent or Networth >RM10m
For example, if current evaluation date is 05/05/2020, the Platform can still accept Financial Reports for Financial year Ended 2018 and 2017 as Financial year ended 2019 usually is not readily available. |
1.00 |
4 |
DIRECT PAYMENT from BUYER + NOA Accepted by Buyer
|
2.50 |
5 |
Key Director's and/or 3rd Party GUARANTORS Key Director’s and/or 3rd Party GUARANTORS are given |
1.50 |
6 |
Invoices are VALIDATED with the BUYER Issuer’s Invoices are validated with the Buyer’s Accounts / Procurement Dept. |
0.50 |
7 |
Notice of ASSIGNMENT (NOA) Served and Acknowledged by Buyer Issuer has given Notice of Assignment (NOA) to the Buyer assigning to the Platform as assignee for the investors all their rights, title and interest to and in all amounts payable to the Issuer relating to the Approved Receivables pursuant to the relevant Investment Note. |
1.50 |
8 |
Others risk REDUCTIONS to Platform Any other risk REDUCTIONS offered by the Issuer and approved by MoneySave Credit Committee. |
As per investment note factsheet |
Estimated Risk REDUCTION Incentive (Max 8.00%) | Max. at 8.00% | |
Note: MoneySave reserves the absolute right to adjust the risk reduction incentive from time to time without notice to the Issuer. |