That’s because clients sometimes pay late, but you must meet deadlines, like paying office rent and salaries.

Ang ended up worked at an invoice financing company there.

That’s a type of platform where small and medium-sized enterprises (SMEs) can sell their yet-to-be-paid invoices to investors or financial institutions who want to purchase future cash flows.

Back in Malaysia, Ang went on to “boast about this concept,” according to Dion Tan and Edwin Tan.

The two Tans soon became Ang’s co-founders in a startup called CapitalBay.

“Over the last three years, we conducted an analysis to compare the revenue and trade payables of the relevant top corporations listed on Bursa Malaysia,” Ang says.

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