GHL Secures Ministry’s Approval to Roll Out Its Merchants Digital Lending Services

GHL Secures Ministry’s Approval to Roll Out Its Merchants Digital Lending Services

by March 3, 2022

GHL Systems has rolled out digital lending services for its merchants in February 2022 following approvals from The Ministry of Housing and Local Government (Kementerian Perumahan dan Kerajaan Tempatan – KPKT).

The digital lending service by GHL is set to provide a platform that allows automated onboarding, disbursement, and repayment process to facilitate the micro-financing journey.

Further easing the financing process, the credit assessment of merchant applicants will be performed based on the readily available merchant’s historical transaction data.

Collection or repayment of the financing on the other hand, will be done through merchant settlement, simplifying repayment and collection process.

GHL Systems is part of the digital ‘Credit community’ providers under KPKT which is spearheaded by the government which aims to make micro financing more accessible throughout community, thus reducing demand for illegal and illicit lending.

In November 2020, KPKT had announced that GHL was one of eight operators were granted the first batch of approvals to provide online loans.

Sean S. Hesh GHL

Sean Hesh

Sean Hesh, Group CEO of GHL Systems Berhad said,

“Access to reliable credit is especially beneficial to the SMEs, supporting their business cash flow and helping businesses adapt to the transformed economic landscape post-pandemic.


The digital lending initiative brings with it a quick-to-market process and is a step in the right direction for Malaysia, increasing financial inclusion and innovation.”

Kevin Lee, CEO of Malaysia at GHL Systems Berhad

Kevin Lee

Kevin Lee, CEO Malaysia of GHL Systems Malaysia said,

“We advocate efforts to bridge the payment and credit gap among the financially underserved population, while always keeping in mind to diversify our offerings to include more meaningful value add services for our merchants.”