Personal Loan Business Assets for Sale in Selangor, Malaysia
|Ownership Duration||1-5 year(s)|
|Industries||Personal Loans + 1 more|
|Local Time||9:46 PM Asia / Kuala Lumpur|
|Listed By||Advisor / Business Broker|
- The owner is seeking to sell an online loan license that will allow the prospective buyer to promote and provide loans across Malaysia.
- The license will permit the prospective buyer to provide the following loans: housing, personal, business, car, motorcycle, electrical/ electronic appliance, and secured loans.
- The license does not possess any restrictions on changing the name of the business or director.
- Currently, there are only 5 such licenses issued throughout Malaysia, and all of them are owned by major companies.
- The license is provided by the Government of Malaysia using extremely selective criteria such as extensive documentation, display of funds (minimum MYR 15 million) along a minimum time of 1 to 2 years before the accept or reject decision.
- This is the only available license in the Malaysian market to penetrate into this business. The sale price simply includes the market value of the license.