INVOICE FINANCING (PURCHASE)

Free up your cash flow and can focus on growing your business.

Highlight & Benefits



Takes care of your procurement of goods and/or services

 

Invoice Financing provides short-term financing solutions to support your procurement of goods and/or services by paying to your supplier first.

 



Takes care of your cash flow

 

Invoice Financing will free up your cash flow so that you can focus on growing your business.

 

 



Takes care of your procurement of goods and/or services

 

Invoice Financing provides short-term financing solutions to support your procurement of goods and/or services by paying to your supplier first.

 



Takes care of your cash flow

 

Invoice Financing will free up your cash flow so that you can focus on growing your business.

 

 

Rates & Charges

Inward Collection Bill

 
Handling Charges
1/8%, Min S$90 for both SGD & FCCY

 

Presentation Fee

First Presentation

Free

Subsequent

S$30 Each

Docs released free of payment
(withdrawal / cancellation)

1/8% Flat, Min S$90

Holding Fee

S$50 per month
Sight Bills - 1 month Grace
Term Bills - 1 month Grace

Protest Charges + Protest Fee Charges

S$100 + protest fee

Invoice Finance Handling

1/8%, Min S$100

Inward Doc Bill

 

Amount Overdrawn

1/8% per month on excess portion, Min S$90

Drawing against expired LC

1/8% per month from LC expiry date to payment date, Min S$90

Documents Requirement

Bill of Exchange for Trust Receipts Form

TR-IF Financing Form

Important Notice

This advertisement has not been reviewed by the Monetary Authority of Singapore.

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