Singapore Factoring
Singapore Export Factoring | Cash Flow Solutions for Singapore Exporters
Singapore exporters that typically trade by offering credit terms to their customers may sometimes experience shortages in cash flow due to their aged receivables. Understanding that export factoring eliminates cash flow problems caused by exporters granting credit terms to their buyers is important.
Some of the advantages of export factoring for exporters in Singapore
- An application process that is simple and hassle-free
- Funding designed to help exporters in Singapore with cash flow
- Non-recourse export factoring (option may be available)
- Funding within 24-48 hours of approval
- Funding is not a loan (not debt on a balance sheet)
- Funding based on the quality of your customers’ credit
- As your export business grows, your funding increases
- The export factor can fund your customers in many countries
- Credit Protection (eliminates credit risk)
- Collections and Reporting (extension to back office)
- You can offer longer payment terms to your customers and compete for larger buyers
- The team monitors the creditworthiness of your customers
- Improve your cash flow with export factoring
- Assistance with managing overseas customers
- Supply Chain Finance (funding full supply chain)
- You will work with our affiliate which specializes in exports out of Singapore
Export factoring not only can improve a company's cash flow but also provide peace of mind when trading globally.
GET STARTED