Import/Export Financing
Improve your cash flow and control your global transactions with third-party funding.
We assist companies to access trade and receivables finance through our relationships with banks, funds and other finance institutions.
- What is Supply Chain Finance? Supply chain finance is a non-traditional financing methods, that are generally less expensive than Letter of Credits since they require less documentation.
- How does it work? A third-party funder will pay your suppliers early, giving them critical liquidity. You then pay the funder in line with your payment terms, preserving your cash.
- Who provides funds? We work with leading funders and banks to offer you the most competitive rates; simply contact us and briefly let us know what you’re looking for.
- Who can use the service? We serve SMEs and MNCs based in Singapore and overseas and work with a wide range of industries.
Key Features
- End-to-end deployment support, including Import/Export documentation
- Terms up to 90 days
- Finance up to $0.5-10m at between 0.8-1% monthly
- Finance up to 100% of your invoice value
- 24hrs approval
- Finance commodities, F&B, materials, finished goods, services
How does it work?
Key Benefits
We can help you raise short-term pre or post shipment finance using commercial invoice and transport documents.
- Improve Cash Flow: buyers can maintain a healthy balance sheet.
- Improve relationship: buyers maintain a good relationship with suppliers.
- Cost- saving: allows buyers to make purchases in bulk to save costs
- Full end-to-end deployment: buyers can work with complex end-to-end supply chains or trade projects.
You can apply for financing against an invoice as soon as it is issued, instead of waiting the entire credit period for the buyer to make payment.
- Improve DSO: Days Sales Outstanding by discounting invoices prior to maturity.
- Improve Cash Flow: monetize your receivables 1-2 days after approval
- Increase liquidity: Finance 100% of your approved invoices.
- Zero-cost financing: doesn’t cost the supplier any extra.
- Little financial risk: insurance is sorted through a supply chain financial institution
The key difference between Supply Chain and Trade Finance
Supply Chain Finance
Supply chain finance is a more recently developed financing and risk mitigation techniques, such as:
- Receivable finance – the party being financed is the seller
- Payable finance – the party being financed is the buyer and not the seller
This is a lower cost alternative for transactions where the buyer and seller have done business together before.
Traditional Trade Finance
Trade finance products are usually offered by banks and include:
- letters of credit
- bank guarantees
- documentary collections
While bank products reduce risks, they are expensive and require a lot of documentation.
End-to-end deployment support
We will develop and deploy a secure end-to-end process that includes physical, information and financial flows:
- Risk assessment: Common risks when importing or exporting include: financial risks, foreign currency exposure, intellectual property, operational and political risks and cross-border issues. You’ll also be managing export compliance and international regulations in foreign territories and will likely be working with unfamiliar counterparties and jurisdictions.
- Legal & Compliance Trading rules and regulations vary in each country and with each government, and they can become increasingly complex due to ever-changing requirements. Having access to expertise in navigating cross-border trade, customs and foreign-exchange regulations is essential when entering foreign markets.
- Visibility It’s important to have complete visibility over your financial supply chain and across your global trade operations to maximize liquidity and minimize risk.
- Business Processes It’s important to have complete visibility over your financial supply chain and across your global trade operations to maximize liquidity and minimize risk.
Useful Resources
Incoterms® Rules 2020 – International Commercial Terms are a set of 11 internationally recognized rules which define the responsibilities of sellers and buyers. Incoterms specifies who is responsible for paying for and managing the shipment, insurance, documentation, customs clearance, and other logistical activities.
Recognising that supply chain finance means different things in different countries, the ICC published Standard Definitions for Techniques of Supply Chain Finance.
