Business Receivable Financing (Factoring)
Convert your business receivables into cash
Pledge your invoice as collateral to get cash
OCBC collects outstanding debts on your behalf, saving you time and effort
Improve your cash flow
How it works
Get up to 80% of the invoice value
On payment due date, your debtor will make full payment of the invoice value to OCBC
Upon receiving payment, OCBC will refund the balance of your invoice value (less related charges) to youEligibility
- Singapore registered entity
- Company must be in operation for the last 2 years
- Trades domestically on credit terms
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