Whether we are a business owner or an employee, if you have a post-dated cheque, you can cash-out your cheque to get cash immediately. In money lending term, the lender is offering cash in exchange of cheque which is not due. When the cheque is due, the lender will cash-in the cheque into the bank.
Process of Cheque Cashing
a) Business Owner
For a business owner, you may receive post-dated cheque from your vendors. One way is to request the vendor to write the cheque in our money lender’s name. We will also need to assess the background of the cheque issuer. Lastly, we will need to get the borrower to sign some agreements to agree to reimburse the lender should the cheque bounced. Once all these are done, the borrower will receive the money immediately, after deducting handling fee and the interest for this financing.
b) Salaried Employee
Whilst for an employee, you may receive post-dated cheque from your employer, as payments for their salary. Due to logistic problem, the employer may not be convenient to issue cheque at month end, hence issuing post-dated cheque. In this case, the employee can also request the employer to write the cheque in our money lender’s name. Next, we will verify that the cheque is from your employer, and past payslip or bank statements to validate your salary. Lastly, the borrower will need to sign some agreements to reimburse the lender should the cheque bounced. After all this, the borrower will also get the cash immediately.
So if you are having urgent financial difficulties, then look no further. We understand that you may need immediate cash, hence cheque cashing is one of the way. We cover Selangor area such as Klang, Shah Alam, Sunway, Puchong, Petaling Jaya, Damansara, Sungai Buloh and Rawang. Whilst in KL, we have projects such as Cheras, Putrajaya, Bukit Jalil, Ampang, KLCC, Seri Kembangan, and Seputeh. We also have presence throughout Malaysia, such as Johor, Melaka, Seremban, Terengganu, Pahang, Kelantan, Perak, Penang and Kedah.