Payables Financing

Payables financing enables businesses in Singapore to secure loans based on the outstanding amounts from their customers.

Also known as supplier financing, this payables financing solution allows buyers to extend payment terms while providing suppliers with early payment with their invoices. This helps businesses maintain strong relationships with suppliers while optimising their own cash flow.

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

Easy Application via MyInfo
Convenient Giro Payments

Participating Financial Institution

Our Solutions

GB Helios offers a range of payables financing solutions in Singapore to empower businesses and optimise their financial operations. We provide tailored options that meet your unique needs, whether you're looking to improve your cash flow, strengthen supplier relationships, or enhance overall supply chain efficiency.

  • Suitable for: SMEs, Large Enterprises, Retailers, Manufacturers, Importers, Exporters, Businesses with complex supply chains.

Payables Financing (Supplier Financing)

Our payables financing solution provides immediate access to working capital by financing your outstanding invoices. This allows you to pay suppliers promptly, even with extended payment terms from your customers, strengthening supplier relationships and ensuring a smooth supply chain.

Benefits Of Payables Financing For Supply Chains

Experience a streamlined financial process with GB Helios' Payables Financing solutions in Singapore. Our approach offers:

  • Optimised Cash Flow: Foster a healthy cash flow for your business, ensuring liquidity when you need it most.
  • Stronger Supplier Relationships: Pay your suppliers on time, every time, building trust and securing favourable terms.
  • Improved Supply Chain Efficiency: Reduce friction in your supply chain by ensuring timely payments and smoother operations.
  • Increased Flexibility: Enjoy the flexibility of credit tailored to your specific needs, empowering your business to thrive.
  • Improved credit rating: Allows your business to improve credit rating and potentially gain access to more favorable financing terms in the future.
  • Reduced Risk: Mitigate the risk of late payments and potential disruptions to your supply chain.

How does it work?

Take a look at how to apply for our payables financing solution.

Submit your documents

This process typically involves providing information such as the name, address, contact details, and payment terms.

Agree to terms

You will need to agree to the terms of the payables financing arrangement. This will typically include the amount of the financing, the interest rate or discount rate, and any fees or charges associated with the financing.

Receive your money

Once approved, we’ll pay your supplier, ensuring seamless cash flow.

Industries Suitable For Supplier Financing

Our payables financing is a versatile solution embraced by various industries in Singapore. From retail and F&B, who need to manage seasonal inventory to construction and manufacturing dealing with large material orders, supplier financing bridges the gap between payables and receivables. It's also highly beneficial for businesses in transport & logistics, security & manpower services, and other sectors with dynamic cash flow needs.

Food & Beverages

Construction & Manufacturing

Transport & Logistics

Security & Manpower

View MoreView MoreView MoreView More

Elevate Your Business Finances

Unlock your business potential with GB Helios' Payables Financing in Singapore. Gain greater financial flexibility, strengthen supplier relationships, and optimise your cash flow. Contact us today to learn more and discover how we can help your business thrive.

Why Payables Financing?

Improved cash flow

Allows businesses to receive funds for outstanding invoices before they are due, improving cash flow and providing access to working capital.

Flexibility

Customized your business's specific needs and provide financing for invoices of various sizes and maturities.

Improved credit rating

Allows your business to improve credit rating and potentially gain access to more favorable financing terms in the future of company.

Business Growth

Provide your businesses with the funds they need to invest in business growth opportunities.

How does it work?

Take a look how to apply our product financing. It's so simple and easy to apply

Submit your documents

This process typically involves providing information such as the name, address, contact details, and payment terms.

Agree to terms

You will need to agree to the terms of the payables financing arrangement. This will typically include the amount of the financing, the interest rate or discount rate, and any fees or charges associated with the financing.

You receive your moneys immediately

With payables financing, you can receive your money, and here are the final process

Venture Builds

Pilon

Learn how Pilon Plus - a cloud-based app - can help your business access reverse supply chain financing to provide significant and strategic cashflow for you.

Frequently Asked Questions About Payables Financing

How does supplier financing work?

Supplier financing allows you to access funding based on your approved invoices. GB Helios pays your suppliers directly, and you repay us according to agreed-upon terms. This frees up your cash flow and ensures timely payments to your suppliers.

How long is the loan tenure typically?

The tenure of each loan draw is up to 90 days.

What documents are required to apply for Payable Financing?
  • Latest 2 years financial statements
  • Latest aging list (payable and receivables)
  • Latest 6 months bank statements
  • Director(s) and Shareholder(s) NRIC or Passport, latest 2-year NOA and CBS report
  • Supplier payment trail

Additional documents may be required. This is determined on a case-by-case basis. Our team will reach out to you once your application is received.

What are the fees involved?

Fees for payables financing vary depending on factors like the facility limit, loan tenure, and your business's creditworthiness. Contact us for a personalised quote and a transparent breakdown of costs.

Do you accept invoices from overseas suppliers in foreign currencies?

Yes, we accept invoices from suppliers who are based overseas. Speak to us about the currencies we accept.

How long does the approval process take?

We strive for fast and efficient approvals. Our streamlined process ensures you can access the funds you need quickly. Contact us to discuss your requirements and get a personalised timeline.

Do you issue a Letter of Credit (LC)?

No, we do not issue Letter of Credit, but we can help you pay your suppliers directly.

Talk To Us

Please fill up this form, and we will get in touch with you shortly.

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.