How FundDana works?
3 simple steps to find your best funds and loans
- Answer simple questions
Give us some details on your business & financing requirement - See what is available
We find your pre-qualified offers - Speak to our specialist
If you’d like to proceed, our funding specialists can help with the rest
What you need to get started?
We accept applications from all nature of businesses
- You are a Malaysian-registered business and have been in operation for at least 2 years
- Your business is majorly owned by a Malaysian (at least 51% and above)
- Basic details about your business and funding requirement
Funding Options
Lenders
Financing Programs
Let Us Take Away Your Stress
We will help you to grow your business by working together with our Virtual CFO and getting the right business loan.
SMEs that work together with our Virtual CFO are 2x more likely to get funding.
Virtual CFO
We will help you to grow your business by working together with our Virtual CFO and getting the right business loan.
About Us
FundDana is a Fintech Startup focusing on providing digital solutions for SMEs funding with the mission to create greater chances in getting funds. There are hundreds of funds available in the market with various purposes and requirements to be met. Information on the funds is everywhere, resulting in confusion and time wasted by SMEs on searching & understanding financing products that suit their business. With our matching AI engine, we are able to match suitable funds with SMEs specific requirements in order for them to grow & scale their businesses.
We don’t stop there, we offer advisory services; Virtual CFO, that focus on building SMEs entities with better foundations and strong fundamentals that will increase their chances to secure financing, either from debt or equity.
With these verifiable premises, we believe SMEs should have more productive ways that can facilitate and smoothen their process of seeking suitable financing while the business owners focus on growing the company.
We’re here to help you grow
These are some examples of what you can do with the funds
- Purchase of machineries & equipment
- Bridging cash flow gap
- Purchase of inventory
- Finance contract
Frequently Asked Questions
For Fundings
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How exactly do FundDana create my offers?
FundDana use public information from lenders website and match that with our lending partners criteria to compile personalised, pre-qualified lending offers for you
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Who is FundDana for?
Any businesses; Sole Proprietorship, Partnership, Limited Liability Partnership and Sdn Bhd, in Malaysia that operate more than two years.
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How do I get a business loan?
Once your application is complete, one of our funding specialists will contact you to discuss all your loan options. Feel free to ask lots of questions and take as much time as you need in order to find the loan that's a perfect match.
When your choice is made, you have two main routes you can take; direct apply with the selected lender or FundDana.
If you go direct to the lender, you have to do all the hard work preparing paperwork, physically submit all the mountain of doucments and answering all the questions by the lender.
FundDana on the other hand, we will do all the hard work for you. Firstly, we will submit business loan application to the lender on your behalf. Second, we will be your contact person with the lender and help to answer all the tough questions about the loan application. And finally, we will update you once your business loan application is approved.
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Are there any fees?
We doesn’t charge you any fees to create pre-qualified offers.
However, if don't have time and if you are not confident about the loan process, you can engage us to help coordinate the whole business loan process. A fee is charge based on your loan amount and you only pay when your loan get funded.
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Will searching for offers affect my credit score?
Right now, the information we have to create your offers won’t affect your credit score as no credit search has been carried out and won’t be without your permission.
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Does my credit score matter?
Yes, lenders will review your credit score when determining whether you qualify for a loan. While having excellent credit will typically help you access larger loan amounts as well as more favorable rates and terms, there are several other factors that can help you qualify. Lenders also look at your time in business, revenues, financial projections, assets, and more.
If your credit score isn’t so good, don’t worry - there are plenty of financing options you can still qualify for. If you need a small business loan now, choose a loan option that is a little more forgiving about your credit score, then make it a priority to build both your personal and business credit as you grow your business. This will help you improve the viability of your business and continue to qualify for even better loan options in the future.
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Is FundDana a bank?
FundDana is not a bank. We are an digital lending platform that connects SMEs looking to borrow money with banks, development financial institutions and other licensed lenders
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What documents do I need to apply for a business loan?
The documents you need to apply for a business loan depend on where you're applying and what you're applying for.
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How long does a loan take to process?
While the timeline vary by loan type and lender, we can usually provide you with pre-qualified business financing options from lenders within four (4) days of receiving your application.
Contact
Lets get in touch.
Our Address
Kota Damansara
Email Us
hello@funddana.com
Call Us
+6016 522 4944