Performance Bond

  • More Flexible
  • Easy to use
  • Access Funds immediately
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Performance Bond

A performance bond is issued to one party of a contract as a guarantee against the failure of the other party to meet obligations specified in the contract. It is also referred to as a contract bond. A performance bond is usually provided by a bank or financial institution (Planworth) to make sure a contractor completes designated projects.

Why Planworth?

  1. DEPENDABLE & TRUSTWORTHY

We are one of the leading independent financial institutions in Malaysia.

We are prompt in disbursement and we are trusted by hundreds of SMEs and Corporates since 1992.

 

  1. SOLID FINANCIAL BACKGROUND

Our Group of companies owns multimillion assets (USD).

In 2021, our total disbursement in Malaysia is more than RM 1 billion.  We continue to power our clients to grow their business year in – year out.

 

  1. PROFESSIONAL & COMMITTED TEAM

We understand the needs of SMEs.

Our team member consists of ex-bankers from DBS, Maybank, CIMB, OCBC, UOB, Hong Leong Bank, Bank Islam and government agency such as CGC and TERAJU.

 

  1. FLEXIBLE & CUSTOMER FIRST

We are flexible in customising our facilities to meet your business objectives.

We are

  • Accommodative to client business environment
  • Friendly SME credit scoring
  • Fast approval within 3 – 5 working days
  • Simple documentation

 

  1. CONFIDENTIALITY & PRIVACY

We value our client’s confidentiality and privacy

We ensure that all the information and documentations submitted to us are well protected.

 

  1. DATA INTEGRITY & ACCURACY

We operate on highly reliable software used by major bank in Singapore. We have Business Continuity Practice Office to support your continuous financing needs.

  • Minimum Documents
  • Fast Approval
  • Credit Friendly
  • No Collateral Required
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