Whether you are new to business or else have been around the block, you have probably noticed that clients are often slow to pay as well as cash is sometimes not as plentiful as you would like. Invoice financing Singapore can deal with both these challenges, and provides a smart tool for maximising the flexibility of your business.
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A secure form of finance
The sales ledger is used to make safe access to funds, so as your business grows so does the amount of funds that can be made accessible to you.
Access to specialist expertise
Invoice financing companies take an in-depth view of your business – this includes taking into account the entire financial picture while making a funding verdict.
It’s finance that grows with you
You get an instant cash injection as well as an ongoing source of funding linked directly to current sales. As business grows and sales increase, so does the quantity of working capital that the invoice financier can make accessible.
Improve your profitability
Paying suppliers early lets you buy in larger quantities along with take benefit of any volume discounts accessible.
Invoice factoring
Invoice Factoring is a funding as well as collections package that provides a flexible way of improving cash flow. It releases cash tied up in outstanding invoices and eliminates the time consuming task of chasing and collecting payments. The factoring company's participation is disclosed to your customers along with the undertake credit management services and collect payment for your exceptional invoices on your behalf.