Running a small or medium-sized enterprise (SME) has never been easy. From managing daily expenses to handling unpredictable cash flow, business owners constantly face the challenge of keeping operations stable while pursuing growth. Traditional business loans often make things harder with long approval times, strict collateral requirements, and interest charges that can weigh heavily on cash flow. That’s why CHIP introduced CHIP Advance, a modern, Shariah-compliant, and frictionless line of credit designed to help SMEs access business funds instantly and sustainably. This solution, also known as the Pay-As-You-Sell Advance, is built for the digital age; its flexible, automated, and perfectly aligned with how modern businesses operate.
What is CHIP Advance?
CHIP Advance by CHIP is a Shariah-compliant financing solution that gives businesses instant access to working capital based on their sales performance.
Instead of relying on lengthy bank processes or demanding collateral, CHIP Advance allows business owners to unlock funding quickly using their actual sales data as the key factor.
This “Pay-As-You-Sell” model ensures that repayments are automatically adjusted according to your revenue, providing complete flexibility and control.
There are no interest charges or late fees, only a one-time flat fee of 6%. This makes it transparent, fair, and easier to manage than traditional loans.
In short, CHIP Advance is a modern business funding solution built around your business growth not against it.
Why CHIP Offers CHIP Advance
CHIP’s mission has always been to help businesses grow smarter through technology. As one of Malaysia’s leading payment and business platforms, CHIP understands the struggles SMEs face in balancing operations and finances.
Many business owners experience these pain points:
- Difficulty getting loans from traditional banks
- Collateral requirements that small businesses can’t meet
- Cash flow problems during low-sales periods
- High-interest rates that reduce profit margins
CHIP Advance was designed to remove these barriers. By connecting funding directly to a business’s sales performance, CHIP offers a seamless, low-risk way for SMEs to access money when they need it most.
It’s financing that adapts to you, not the other way around.
Key Features of CHIP Advance
Let’s explore what makes CHIP Advance different from other SME funding solutions in Malaysia.
1. Pay-As-You-Sell Model
CHIP Advance operates on a Pay-As-You-Sell model, meaning repayment happens automatically through your future sales.
If your business earns more this month, you repay a bit more. If sales are slower, repayments automatically adjust downward.
This flexibility ensures your cash flow remains healthy, even during tough times. You never have to worry about fixed monthly payments or penalties.
It’s truly financing that moves in sync with your business.
2. No Collateral, No Interest, No Hidden Fees
Unlike bank loans that require property, vehicles, or assets as security, CHIP Advance is completely unsecured.
You don’t need to pledge anything to qualify — all you need is your verified CHIP merchant account and consistent sales data.
Plus, there are no interest charges. Instead, you only pay a one-time flat fee of 6%, with zero late fees or compounding costs.
That means you know exactly what you’re paying — from day one.
3. Shariah-Compliant and Ethical Financing
CHIP Advance is fully Shariah-compliant, making it a safe and ethical option for Muslim entrepreneurs and business owners who prioritize Islamic finance principles.
It is certified and structured to avoid riba’ (interest), ensuring transparency and fairness in every transaction.
You get all the benefits of business financing without compromising your values.
4. Instant Approval and Fast Funding
Time is critical for SMEs. Whether it’s restocking products, launching a new campaign, or paying suppliers, businesses often need funds immediately.
With CHIP Advance, the application process takes under five minutes, and funds are usually disbursed within 48 hours after approval.
That means you can act fast on business opportunities without delays — no waiting weeks for bank approvals or complex documentation.
5. Dynamic Financing That Grows with Your Business
As your business scales, your financing grows too. CHIP Advance adjusts based on your sales performance, allowing you to access larger funding amounts as your revenue increases.
This dynamic approach ensures that your business always has the right financial support at every growth stage whether you’re a small retailer, an e-commerce seller, or a growing brand.
6. Secure, Automated, and Hassle-Free
CHIP Advance is built within CHIP’s SSL-secured merchant portal, ensuring your financial data and transactions are fully protected.
Everything — from application to repayment is automated, saving you time and effort. You can manage your financing directly from your CHIP Merchant Portal, track repayments, and monitor your performance in real time.
It’s financing that’s not only smart but also safe.
How CHIP Advance Works
The process of getting Shariah financing through CHIP is straightforward and fully digital.
Here’s how it works, step by step:
Step 1: Sign Up as a CHIP Merchant
To get started, go to www.chip-in.asia/collect and sign up for a CHIP merchant account.
Once registered, you’ll gain access to the CHIP Merchant Portal, where you can manage payments, products, and your financial tools.
Step 2: Build Your Sales Record
Since your CHIP Advance is based on your sales performance, your eligibility is determined by the data from your CHIP transactions.
The more consistent your sales, the higher your potential funding limit. CHIP evaluates your average weekly sales to calculate the financing amount up to 10 weeks’ worth of sales.
Step 3: Apply for CHIP Advance
Once you meet the eligibility requirements, you can apply for CHIP Advance directly through your CHIP portal.
The application takes less than five minutes with no paperwork, no manual submissions, and no long waiting times.
Step 4: Get Funded Within 48 Hours
After approval, funds are disbursed straight to your registered business bank account within 48 hours.
You can use the funds for anything your business needs starting from stock purchases to marketing campaigns or cash flow support.
Step 5: Repay Automatically Through Future Sales
As your customers make payments through CHIP, a small portion of your sales goes toward repayment automatically.
This “Pay-As-You-Sell” system ensures your repayments never exceed your business capacity giving you full control and flexibility.
Benefits of CHIP Advance for SMEs
CHIP Advance is more than just a funding product — it’s a growth enabler. Here’s how it benefits your business:
1. Easier Cash Flow Management
Since repayments are tied to sales, you’ll never have to worry about fixed repayment deadlines.
It keeps your finances balanced, allowing you to focus on running your business rather than chasing due dates.
2. Empowering Business Growth
With immediate access to working capital, you can invest in marketing, stock up on best-selling products, or upgrade your operations — without draining your cash reserves.
3. Ethical and Transparent
CHIP Advance’s flat 6% service fee ensures full transparency. You’ll know exactly what you’re paying, with no surprises or compounding interest.
4. Built for Modern Businesses
Whether you sell on social media, run a small shop, or manage an e-commerce brand, CHIP Advance adapts to your needs — fully digital, fully automated, and accessible anytime, anywhere.
5. Faster Than Traditional Loans
Forget the long forms and waiting weeks for approval. With CHIP, you can apply in minutes and get funds in as little as two days.
CHIP: More Than Just a Payment Platform
While CHIP Advance is a core feature, CHIP offers much more than that. It’s a complete ecosystem for business payments and financial growth.
Some of its key solutions include:
- CHIP Collect – For accepting online payments securely and efficiently
- Payment Links – For merchants selling via social media or without a website
- QR Payments – To simplify in-store and offline transactions
- Recurring Billing – For subscription-based or service-based businesses
- CHIP Advance (Pay-As-You-Sell Advance) – For flexible, Shariah-compliant instant SME funding
Together, these tools create a seamless system that supports SMEs in accepting payments, managing finances, and growing sustainably.
Why CHIP Advance Is the Future for SMEs
The future of SME financing lies in flexibility and digital automation. Businesses today can’t afford to wait weeks for funding or deal with outdated loan structures.
CHIP Advance represents this new era; one that merges technology, ethics, and financial empowerment.
It helps small businesses:
- Stay liquid without taking on heavy debt
- Grow confidently with transparent and fair terms
- Use real sales data to qualify for financing instantly
In essence, CHIP Advance is not just about giving you money but it’s about giving you control, freedom, and confidence in managing your business’s financial health.
Final Thoughts: Financing That Works as Hard as You Do
CHIP Advance is designed for entrepreneurs who want to grow smarter, not harder.
It’s simple, ethical, and built around your business’s performance so you can focus on what truly matters: running and scaling your business.
No collateral. No interest. No stress.
Just smart, flexible, and secure financing that moves with your success.
If you’re ready to take your business to the next level, visit www.chip-in.asia/control/advance and learn how CHIP Advance can help you achieve it faster and easier than ever.
