SumiFin

SumiFin is a digital platform for submitting and managing business financing applications for companies connected to the industrial chemical supply chain in Malaysia. Through SumiFin, users can register company information, complete applicant or authorized representative details, upload identity and commercial documents, select an application type, enter the estimated financing amount and purpose, submit the information for evaluation, and track the application status. Main features: Company and applicant information registration. Upload of identity documents and commercial supporting documents. Application types for chemical purchase, inventory, commercial orders, logistics, working capital, and business operations. Review of information before submission. Application status, history, and progress tracking. Notifications for pending documents, updates, or available results. Access to support and contact channels. Reference financing information: Country of operation: Malaysia. Currency: Malaysian Ringgit (MYR / RM). Collaborating financial institution: Maybank Malaysia, including Malayan Banking Berhad or Maybank Islamic Berhad where applicable. Reference financing amount: RM3,000 to RM200,000. Reference repayment term: 3 to 18 months. Repayment cycle: monthly. Reference duration of each installment: approximately 30 days. Reference interest or profit rate: 0.8% to 1.5% per month. Reference nominal annual rate: 9.6% to 18.0% per annum. The annual rate shown in the app does not exceed 36.00%. SumiFin does not offer financing that requires full repayment in 60 days or less. Representative example: For a financing request of RM20,000 with a 12-month term and a reference monthly interest or profit rate of 0.8%, the estimated monthly interest or profit is RM160. Estimated total interest or profit: RM160 x 12 = RM1,920. Estimated total amount payable: RM20,000 + RM1,920 = RM21,920. Estimated monthly payment: RM21,920 / 12 = RM1,826.67. Reference nominal annual rate: 0.8% x 12 = 9.6% per annum. This example is for illustration only and does not represent final approval or a final offer. The approved amount, repayment term, interest or profit rate, installment amount, fees, charges, taxes, stamp duty, insurance or takaful coverage, disbursement date, repayment schedule, and other conditions may vary according to the applicant profile, business information, documents submitted, facility type, risk assessment, Shariah structure where applicable, and final approval by Maybank Malaysia or the relevant authorized participating financial institution. Important information: SumiFin acts only as an information submission, document organization, application management, and process-tracking platform. SumiFin does not directly grant loans, approve applications, conduct final credit evaluations, determine interest or profit rates, define financing limits, make disbursements, manage funds, collect installments, or manage repayments. All evaluation, approval, final conditions, disbursement, financial administration, payment management, and regulated financial services are carried out exclusively by Maybank Malaysia or the relevant authorized participating financial institution according to its own criteria, risk policies, Shariah requirements where applicable, and Malaysian laws and regulations. User information is used to manage applications, validate data, organize documents, improve service security, facilitate authorized transmission, and support process tracking, in accordance with the Privacy Policy, user authorizations, Maybank Malaysia notices, and Malaysian laws.