Planworth Targeted RM1 Billion in 2026 MSME Financing
The non-bank lender has launched a digital platform to streamline working capital access for government and private contractors.
Updated on Sept. 25, 2026 in Financial Services
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Planworth Global Factoring Sdn Bhd has announced a goal to disburse RM1 billion in financing to micro, small, and medium enterprises during 2026. The firm simultaneously introduced a new Digital Supply Chain Financing Platform to manage document verification and disbursements for its clients.
Why it matters
The firm provides alternative liquidity for businesses that require faster access to working capital than traditional banking channels offer. Its new digital platform aims to shorten the time between contract fulfillment and cash receipt for vendors operating in the government and private sectors.
Planworth aims to hit RM1 billion in financing for 2026, building on a history of RM4 billion in total disbursements to date. The firm currently serves a customer base where 75 percent are Bumiputera entrepreneurs, supporting contracts valued at nearly RM6 billion.
The players
Planworth Global Factoring Sdn Bhd
A non-bank financial institution and subsidiary of Grand Columbia Group that specializes in supply chain financing for government and private sector contracts.
Grand Columbia Group
An established investment and financial services group founded in 1992 that oversees a portfolio of business units including Planworth.
Consumer Credit Commission
The regulatory body responsible for overseeing the licensing and operational compliance of non-bank financial institutions.
The details
The newly launched Digital Supply Chain Financing Platform functions by integrating buyers, vendors, and financiers into a single interface. This system automates critical operational steps, including financing applications, document verification, risk assessments, and final disbursements. By centralizing these functions, Planworth allows for real-time status monitoring of capital flows, reducing the administrative burden previously associated with managing supply chain credit.
Timeline
1992: The Grand Columbia Group, the parent company of Planworth, was founded.
Thursday, September 24, 2026: An engagement session regarding the new platform took place at Menara Avenue.
2026: The firm has set a target to provide RM1 billion in financing.
Market Landscape
Planworth’s expansion of its digital footprint follows the regulatory standards set by the Consumer Credit Commission for non-bank lenders. This shift mirrors a broader trend toward digitizing supply chain credit to meet the needs of businesses that are underserved by traditional banking liquidity cycles.
Businesses should evaluate whether their existing financing partners offer digital document verification to improve cash-to-cash cycle times. Managers operating in the government or private contracting sectors should monitor whether these new digital platforms offer more competitive rates than their current bank-backed facilities.
The takeaway
The move to digitize financing applications indicates a shift toward faster, data-backed lending for SME contractors. Operators should track their average time-to-funding and consider reaching out to specialized factoring firms that leverage automated verification to reduce lead times on capital.
Further reading
For more on industry shifts in credit and funding, see our latest coverage in Financial Services.
Source note: This article includes information reported by NST Online.
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