CapBay Supply Chain Finance Platform and CrediBill

CapBay is a Malaysian supply chain finance platform registered with the Securities Commission Malaysia. Its operating entities, Bay Supply Chain Technology Sdn Bhd and Bay Smart Capital Ventures Sdn Bhd, are subsidiaries of Bay Group Holdings and are based in Petaling Jaya, Selangor. The site does not state a founding year.

The platform offers SMEs purchase order financing, invoice factoring, inventory financing, working capital and Islamic financing, funded by investors through CapBay P2P products. CrediBill is a payment solution for buyer-supplier trade, and a partner programme serves financial institutions, asset managers and advisors. The site reports RM6.1 billion funded, 2,700+ SMEs and 45,000+ transactions.

• Purchase order financing: working capital against confirmed purchase orders.
• Invoice factoring: early cash against issued invoices.
• Inventory and working capital financing: funding options for stock and operating needs.
• Islamic financing: Shariah-oriented financing products for SMEs.
• CrediBill: payment solution for buyer-supplier trade, piloted with Pharmaniaga.
• Partner programme: onboarding for financial institutions, asset managers and advisors.

A Vietnamese financial institution or fund seeking ASEAN SME trade assets could study the partner programme. A Vietnamese distributor selling to Malaysian buyers could learn from the invoice and purchase order financing model.

SMEs can finance purchase orders, invoices and inventory from one platform without bank collateral processes. Investors and financial institutions gain access to SME trade assets through the partner programme. CrediBill adds flexible payment terms between buyers and suppliers. The platform is registered with the Securities Commission Malaysia.

SME working capital gaps are common across ASEAN, and regulated digital platforms linked to government SME programmes are expanding invoice and purchase order financing. Similar models could suit Vietnamese SME suppliers of large buyers.

Registered with the Securities Commission Malaysia. Operating entities: Bay Supply Chain Technology Sdn Bhd and Bay Smart Capital Ventures Sdn Bhd under Bay Group Holdings. Programmes with SME Corp. Malaysia (RMK13, BERKAT). Founding year not stated.