![]() ![]() are part of the Funding Societies Brand.īusiness Registration No.: 201505169M | CMS License No. It releases up to 90 of the value of your unpaid invoices the moment you. We are dedicated to the vision of enabling SMEs through equitable financial access, ultimately making a positive impact for our societies in Southeast Asia.įunding Societies Pte. Factoring is the ideal solution for businesses looking to save time chasing payments. An invoice factoring loan can help smooth your cash flow by giving you money for ongoing expenses while you wait for clients to pay their invoices. ![]() Backed by SoftBank Ventures Asia Corp and Sequoia India, amongst many others, Funding Societies has helped to finance over S$2 billion in business loans regionally. We pride ourselves in speed and flexibility, offering the widest range of term loan, trade finance and micro loan products. ![]() However, there are some distinctions away from regular business loan rates of interest that you may possibly select on your seek resource. Providers mortgage pricing differ for different mortgage brands, loan providers and you may resource agreements. Its is a financing arrangement for small businesses that involves selling unpaid invoices or outstanding invoices (or. Factoring is a financial transaction and a type of debtor finance in which a business sells its accounts receivable (i.e., invoices) to a third party (called a factor) at a discount. Invoice factoring may be more pricey than other types of resource. We specialise in all forms of short-term financing for SMEs, funded by individual and institutional investors. Invoice factoring is not a business loan. are governed by the Securities and Futures Act (SFA) and shall be construed and understood as a debt security regardless of the references to "loan", "lending", "finance" or "financing".įunding Societies is Southeast Asia's leading SME digital financing platform. Invoice factoring is also referred to as accounts receivable. It involves selling part or all of your unpaid invoices to a third party who then collects the invoice amounts due on the invoices. Invoice factoring is not a loan, it’s a transaction. The products offered by Funding Societies Pte. Invoice factoring is a transactional-based method of business financing for small businesses. is a digital finance platform licensed by the Monetary Authority of Singapore. Invoice factoring, also called accounts receivable financing, is a quick funding option that allows your business to shift payment collection responsibility to an invoice factoring company. ![]()
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