PETALING JAYA: Direct Lending Sdn Bhd’s auto service financing is experiencing rapid growth with more than 1,000 workshops onboarded and a tenfold inc...
Hui says Direct Lending is on the right trajectory to provide safe and accessible financing solutions for car repair needs.Direct Lending Sdn Bhd’s auto service financing is experiencing rapid growth with more than 1,000 workshops onboarded and a tenfold increase in the number of car owners benefiting each month since the solution was launched 1½ years ago.
“It’s all powered by technology and data, simplifying the user experience, being inclusive by considering alternative data sources, ensuring syariah compliance, and maintaining transparency. Our technology enables us to serve customers from various locations across the country, from Peninsular Malaysia to Sabah and Sarawak,” he toldThe auto service financing enables car owners to address vehicle repairs and settle payments later, offering installment plans ranging from three to 12 months.
Direct Lending is open to fundraising and strategic partnerships to accelerate its mission of addressing the financial gap for the underserved in this segment unattended by mainstream banks and other existing players.
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