FASSIL Finance

📱 FASSIL Finance – Business Financial Information Platform
FASSIL Finance is a digital financial information and business support platform designed to help users access, organize, and submit financing-related requests for business development and operational needs.
The platform does not provide loans directly, does not make credit decisions, and does not disburse funds. All financial evaluations, approvals, and final decisions are conducted independently by licensed financial institutions.

📌 Core Features
● Industry-based financial request support for procurement, inventory, and business expansion
● Financial service information display and solution matching from partner institutions
● Document upload and management (invoices, quotations, business documents)
● Real-time application status tracking
● Application history management and record review

🏦 Platform Role Statement
FASSIL Finance acts exclusively as a financial information and document management platform, helping users connect with partner financial institutions.
We do not:
Issue loans or credit products
Guarantee approval or financing results
Set interest rates or financial terms
Disburse or manage funds
All financial services are provided by regulated third-party financial institutions.

📅 Loan Term & Structure Information
To comply with financial transparency requirements:
Minimum financing term: 90 days (3 months)
Maximum financing term: 360 days (12 months)
Repayment cycles: typically 30-day monthly installments
No requirement for full repayment within 60 days or less
All repayment structures are defined by partner financial institutions and may vary based on risk evaluation and contractual terms.

📊 Representative Financing Example (For Illustration Only)
The following example is for informational purposes only and does not constitute a loan offer, approval guarantee, or binding commitment.
Example:
Financing amount: MYR 2,000.00
Monthly reference rate: 1.50%
Estimated Annual Percentage Rate (APR): 18% (does not exceed 36%)
Example repayment plans:
3-month plan (30-day cycles):
Estimated installment: MYR 697.00
Total repayment: MYR 2,090.00
6-month plan (30-day cycles):
Estimated installment: MYR 364.00
Total repayment: MYR 2,180.00
9-month plan (30-day cycles):
Estimated installment: MYR 253.00
Total repayment: MYR 2,270.00
12-month plan (30-day cycles):
Estimated installment: MYR 197.00
Total repayment: MYR 2,360.00

⚠️ Important Financial Disclosures
Maximum Annual Percentage Rate (APR): ≤ 36%
Minimum financing term is not less than 90 days
No short-term repayment requirement within 60 days or less
Final terms depend on partner financial institutions’ assessment
Approval is not guaranteed and subject to review
Users must review final contract terms before acceptance

👥 Target Users
Small and medium-sized enterprise owners
Sole proprietors
Supply chain and wholesale operators
Business procurement and inventory managers
Commercial service users with operational financing needs

🔐 Data & Privacy
A valid privacy policy is provided, explaining:
Data collected (documents, application information, optional contact data)
Purpose of data usage (submission and tracking only)
Data sharing with licensed financial institutions
User rights including access, correction, and deletion
Privacy Policy must be accessible via both the app and store listing.

🧾 Data Usage Summary
We may collect:
User-submitted business documents
Application and request information
Basic device and usage data for platform stability
We do not sell user data or use it for unrelated purposes.

🏁 Platform Summary
FASSIL Finance is a business financial information and request management platform that connects users with licensed financial institutions for potential financing solutions.
It is not a lender, credit provider, or financial decision-making entity.