Get A Business Loan in Singapore
Looking for the best business loan in Singapore? Know what type of products really suit your business need.
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Invoice Financing
Accelerate your payment by turning your outstanding invoices into working capital. No longer worry about cash being tied up in long term contracts.
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Invoice Financing/ factoring is a short-term solution to inject more money to improve the company’s cash flow.
It is one of the best options based on customer revenue due from sales before payment.
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It solves many of the short-term problems like delayed payment from the customer for a sustained period and the company has difficulty obtaining any other form of business finance or credit.
it is structured as a secured line of credit, therefore the lender will feel safer. Invoices act as collateral against money borrowed.
The lender limits the risk by lending a percentage of the total invoice amount and the balance acts as a fee.
If a client is unable or unwilling, the lender basically become the creditor rather than the company.
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Receive cash upfront for your invoices
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Up to 90% of your invoice value
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Quantum of up to $1 million
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Access funds in 24 hours