Payables Financing
Payables or invoice financing enables businesses in Singapore to secure loans based on the outstanding amounts from their customers. In contrast to invoice factoring, this method establishes a connection between the business and the lender, rather than between the lender and the client.
Also known as Supplier Financing, this financing solution allows buyers to extend payment terms while providing suppliers early payment with their invoices.
Why Should Businesses In Singapore Choose Payables Financing?
Financing to pay suppliers
Suppliers can be based locally or overseas
Payables can be for employees’ CPF contribution, foreign workers’ levy (applicable for certain industries) etc
For Singapore-Registered Businesses
Minimum 30% shares held by Singaporean or PR Director
Facility limit of up to $500K
Up to 100% of suppliers' invoices
Loan tenure up to 90 days
Participating Financial Institution
Benefits Of Invoice Financing Solutions In Singapore
Experience a streamlined financial process with GB Helios' Invoice Financing solutions in Singapore. Our approach offers:
- Better Cash Flow: Foster a healthy cash flow for your business, ensuring liquidity when you need it most.
- Flexible Credit: Enjoy the flexibility of credit tailored to your specific needs, empowering your business to thrive.
Industries Suitable for Invoice Financing
Our Invoice Financing is a versatile solution embraced by various industries in Singapore. In construction, manufacturing, and Transport & Logistics, Security & Manpower Services, businesses leverage invoice financing to manage costs related to materials and labour, bridging the gap while awaiting customer payments. Small and Medium Enterprises (SMEs) find this solution particularly beneficial, which aligns seamlessly with their financial needs.
Elevate Your Business Finances
We invite you to explore the advantages of our Invoice Financing solutions in Singapore. Unlock working capital, streamline your financial processes, and propel your business forward. Ready to transform your business? Reach out today!
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