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9/12/2021

Official opening of southern auto capital

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12/9/2021
Official opening of Southern Auto Capital Sdn Bhd. A partnership between 365 Capital and PCCCS Berhad officiated by the father of Mr Chan Choo Sing, PCCCS chairman. This company offers Hire Purchase loan for used passenger and commercial vehicle for Melaka and Johor market.

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10/20/2020

PRESS RELEASE ON QUICKASH ENTERS INTO AGREEMENT WITH SAG AND 365 RESOURCES TO OFFER COLLATERALISED P2P FLOOR STOCKING FINANCING TO USED CAR DEALERS

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PRESS RELEASE ON QUICKASH ENTERS INTO AGREEMENT WITH SAG AND 365 RESOURCES TO OFFER COLLATERALISED P2P FLOOR STOCKING FINANCING TO USED CAR DEALERS

Source:
​https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3097967

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10/20/2020

ManagePay P2P platform provides used car dealer floor stocking financing

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ManagePay P2P platform provides used car dealer floor stocking financing
Arjuna Chandran Shankar/theedgemarkets.com
October 20, 2020 20:12 pm +08

KUALA LUMPUR (Oct 20): ManagePay Systems Bhd’s peer-to-peer (P2P) financing platform is set to provide floor stocking financing for used car dealers. 
In a statement, the company said wholly-owned P2P financing platform QuicKash Malaysia Sdn Bhd will be providing floor stocking financing to 365 Resources Sdn Bhd’s recruited used-car dealers with vehicles acting as collateral and guarantee. 
ManagePay said that under the partnership, participating used car dealers would be able to access financing of up to 70% of the transaction value of the used cars. 
365 Resources CEO Soh Chee Kang noted that the traditional financing avenue does not usually cater to used car dealers, resulting in the latter raising money from lenders that charge hefty interest rates. As a result, the costs of keeping up with these rates are passed down to buyers, who as a result sometimes look into buying a new car instead.  (For more content... click here)

Source:
The Edge

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10/20/2020

Quickash to provide financing for used-car dealers

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QUICKASH TO PROVIDE FINANCING FOR USED-CAR DEALERS

Source:
https://www.bernama.com/en/news.php?id=1892025

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  • Home
  • About
  • 365 Capital
  • 365 Auto Care
  • 365 Agency
    • 365 Agency - About Us
    • 365 Agency - Insurance News
    • 365 Agency - Contact Us
    • Vehicle Insurance
    • SME Business
    • Home Insurance
    • Fidelity Guarantee
    • Personal Accident Insurance
    • Public Liability
    • Foreign Worker Hospitalization
    • Employer's Liability
    • Contractor's All Risks
    • Burglary
    • Marine Cargo
    • Condo Insurance
    • Machinery and Engineering Insurance
    • Employees' Benefit
    • Workmen Compensation
    • Travel Insurance
    • Solar Panel Insurance
    • Plate Glass Insurance
    • Trade Credit Insurance
    • Cyber Insurance
  • 365 Academy
  • 365 Warranty
  • 365 Floor Stock
  • 365 Universal
  • News
  • Contact