HCK Capital Group (HCK) and Fintos Venture Group Sdn Bhd (FVG) signed a Memorandum of Understanding to join forces and share resources with the aim of helping real estate agents convert more sales.
With HCK set to hand over vacant possession of over 4,000 properties and launch approximately 3,000 new units this year alone, real estate agents will need to step up efforts in converting bookings into successful sales. These real estate agents have indicated that a number of potential buyers fail to secure necessary end financing. This MoU signing with FVG is designed to address this issue as HCK has always prided itself on listening to stakeholders and providing innovative solutions.
FVG focuses on providing digital financial credit rating and consulting services to clients and business partners. Its subsidiaries cover personal financial analysis, advisory, fintech projects integration and development, real estate management systems and personal credit financing services.
FVG uses its proprietary fintech system to analyse personal credit ratings and provide accurate initial financial assessments for clients. The company’s main focus is on serving clients who have been rejected by banks or face challenges in obtaining high-value loans. Through professional financial planning and consulting, FVG offers debt restructuring solutions to help clients understand their debt situation and connect them with suitable banks for successful mortgage or personal loan applications.
“We are very confident we will be able to improve loan application rates using our AI-driven solutions to find the best end financier for each individual buyer,” says Jeffrey Tan, FGV’s Deputy Chief Executive Director. He cites FGV’s impressive success rates since its incorporation in 2020 whereby total loans approved amounted to RM461,640,497 while recovery rate for rejected loans stood at nearly 70%.
Signing on behalf of HCK was Dato’ Joseph Hii, Group Executive Director for Growth and Alliances, who urged invited real estate agents at the event to fully utilise this free service. “This will be a big year for HCK with many new launches and we are doing everything we can to facilitate real estate agent’s conversion rates. Bringing FGV on board is one such initiative,” he states. “We fully recognise that the success of real estate agents is HCK’s success as well.”
For more information on how to access FGV’s services, please contact: 012-794 0898 / support@fintos.com.my .
