RollingPay-PayrollFinancing-HowItWorks
Reliable, Flexible, Affordable Shariah-Based Payroll Financing
Everything you need to know about RollingPay's SME payroll financing solution
Terms
✓ Profit rates as low as 6.5% p.a.
✓ Financing up to 50% of payroll amount
✓ up to 90 days credit terms.
Pre-qualifications
✓ Must be registered with SSM
✓ At least 1 year in operation
✓ Minimum of 5 employees
How it Works
3 Easy Steps
Step 1
Register & Get Approval
First-time registration due diligence takes roughly 2 weeks. Required Documents: ✓ Copy of all Director(s) NRIC/Passport ✓ Latest 6 months bank statements ✓ Latest Audited Accounts & Management Accounts ✓ Signed Application & Consent Form
Step 2
Request Financing
Once approved, gain access to our Financing dashboard.
✓ Request financing whenever needed
✓ Approval within 1 working days
✓ Funds disbursed directly to employees on the selected date
Step 3
Repay Later
Repay with flexibility in 30, 60, 90 days, or 3 monthly installments.
✓ Chose a repayment plan that works for you
✓ No 'early payment' penalty
✓ No 'hidden' fees
FAQ
Got more questions? Contact us at hello[at]rollingpay.co
✓ Must be registered with SSM
✓ At Least 1 year in operation
✓ Minimum 5 employees
✓ Copy of all Director(s) NRIC/Passport
✓ Latest 6 months bank statements, and
✓ Latest Audited Accounts & Management Accounts
✓ Signed Application & Consent Form
Our team will contact you if additional documents are needed.
The first-time registration due diligence process takes about 2 weeks
Employees will receive their salary either on 15th or 20th of month as specified by their employer.
Unfortunately, this option is currently unavailable.
There are no fees charged to employees. However, if employees request early salary withdrawal before the 15th of the month and this request is approved by their employer, we will charge employees an early withdrawal fee of not more than RM5.
Yes, there is a small application fee and a processing fee. These fees will be paid upfront only when you request financing and depend on the number of employees and the salary amount.