Wednesday
July 30
2025

HSBC Malaysia Provides First $15 Million Asset Backed Lending to Boost Carsome’s Growth

HSBC Malaysia said Wednesday that it has recently provided its first asset based lending (ABL) facility of $15 million, to Carsome Certified Sdn Bhd to finance the purchase of refurbished vehicles that would be sold to retail customers.

Photo courtesy of Matt Stabile.

Source: TNGlobal (link opens in a new window)

Categories
Technology, Transportation
Tags
lending