Key Terms & Benefits
We can help you achieve the impossible
Financing Amount
RM1,000 - RM100,000
Financing Tenure
7 - 60 days (One-time repayment)
Profit Rate
1.5% Monthly
Shariah-Compliant
Based on the concept of Commodity Murabahah
WHY CAPITALX?
Unexpected expenses are a part of running a business. With CapitalX, you will receive an immediate financing decision and disbursement within 48 hours with one-time repayment of up to 60 days.
CapitalX is the perfect short-term solution that can finance your business until it is ready to run in full force!
Know More
Entry Age | 18 - 65 Years Old |
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Applicant Citizenship | Malaysian or Permanent Resident of Malaysia |
Nature of Business | Shariah-Compliant |
Financing Type | Shariah |
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Financing Amount | RM1,000 - RM100,000 |
Financing Tenure | 7 - 60 Days |
Profit Rate | 1.5% Monthly |
Wakalah Fee | Up to 1.0% applied on the financing amount drawndown, (subject to your credit assessment) |
Guarantor | Required |
Collateral | Per Case Basis Varies For Each Application |
Disbursement Method | Directly Credited Into Bank Account Registered |
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Disbursement Turnaround Time | 48 Hours 2 Working Days Upon Approval |
Disbursement Amount | After Deducting All Fees & Charges Payable To Boost Credit |
Repayment | Direct Debit Selected In FPX |
Due Date | One-Time Repayment At The End Of Term |
Late Payment Charges | Refer to Fees and Charges FAQ |
Early Full Settlement | Written Notice Required Refer to Terms & Conditions and Fees & Charges FAQ |
What is this product about?
- CapitalX is a working capital financing product provided by Boost Credit (formerly known as Aspirasi) that enables more efficient management of cash flow for business owners through quick and easy financing, disbursed within 2 working days upon approval.
- Please refer to the relevant Terms & Conditions of this product for more information.
Is this product licensed or approved by any regulatory authority?
- This product is currently not subject to any licensing or regulatory requirements.
- This product is based on the concept of Commodity Murabahah as pronounced by our Shariah advisors.
What do I get from this product?
- Financing amount: Up to RM100,000, subject to Boost Credit's approval and based on applicable credit assessment (Multiples of RM500 only)
- Tenure: 7 to 60 days (One-time repayment)
- Profit rate: 1.5% Monthly
- Wakalah Fee: Up to 1.0% applied on the financing amount drawndown, (subject to your credit assessment)
Do I need a guarantor or collateral?
Guarantor is required, however collateral is not required.
Contact us
Reach out to us for more details
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