Invoice Financing

Trade Loan Details

Unlock cash flow with Invoice Financing. Access a line of credit to finance your invoices, whether for import or export, and keep your business moving forward.”

MAXIMUM LOAN QUANTUM	SS$5 million / borrower From 1 July 2022 – 31 March 2024: S$10 million / borrowerNote: Borrowers are subject to an overall borrower group³ limit of S$20 million for EFS-TL. In addition, there is an overall loan exposure limit of S$50 million per borrower group across all facilities.
MAXIMUM REPAYMENT PERIOD	1 year
RISK-SHARE	Risk share is at 50% From 1 April 2021 – 31 March 2024: Risk share is at 70% Borrowers are responsible to repay 100% of the loan amount When defaults occur, the participating Financial Institutions (FIs) are obligated to follow their standard commercial recovery procedure, including the realisation of security, before they can make a claim against EnterpriseSG for the unrecovered amount in proportion to the risk-share
INTEREST RATE	Subject to the PFIs’ assessments of risks involved.

Benefits of it:

Helps improve working capital cycles (Creating cash flow)
Secures the payment of the goods exported.
Improves trust and relationship.

Who uses it?

Any businesses that buys or sells tangible products. (Must be a quantifiable product to finance)

Take the next step towards success. Connect with our consultants today.

Location

350 ORCHARD ROAD
#16-07 SHAW HOUSE
SINGAPORE 238868

Contacts

enquiries@shnsolutions.com