Invoice Financing (Purchase) | OCBC Business Banking SG
Invoice Financing (Purchase)

Invoice Financing (Purchase)

Financing on your purchases for better cash flow management

Why you will love this

Finance your purchases on an open account basis

Free up your funds for other business purposes

Reduce the hassle through direct funds remittance to supplier

Features and benefits

Direct payment to suppliers

Removes the need for an additional step of making payment to your suppliers.

Removes the need for an additional step of making payment to your suppliers.

Paying suppliers on time

Free up your cash while paying your suppliers in a timely manner.

Free up your cash while paying your suppliers in a timely manner.

Scales with your business

Drawdown amount matches your business needs at any point in time.

Drawdown amount matches your business needs at any point in time.

How it works

Step 1

Submit the application along with your invoice(s) and supporting trade documents

Step 2

We provide financing by helping you make payment to your supplier

Step 3

You will repay the loan at the maturity date
Digitalise your trade finance on OCBC Velocity
Don’t have OCBC Velocity?

Don’t have OCBC Velocity?

Apply for OCBC Velocity to perform your first trade finance transaction and manage your trade finance portfolio on-the-go.

Fees and charges

0.25% of the invoice amount. Minimum fee of S$100 applies.

Interest charges apply.


Important notice

You can only apply for an Invoice Financing (Purchase) application if you have a trade finance credit facility with OCBC.

OR Call us at +65 6318 7777

Mondays – Fridays, 9am to 6pm (excluding public holidays)

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