To finance slow-paying accounts receivable or to meet short-term liquidity, businesses may opt to finance their invoices. Invoice financing is a form of short-term borrowing that is...
1 · Apply to get a quote on how much funding you are eligible for. ; 2 · Once approved, upload your unpaid invoices on OCBC Velocity. ; 3 · Receive the funds in 1 working day *.
There is a tension that exists between every business and their suppliers. Suppliers want to get paid as fast as possible to shorten their working capital cycle and improve cash flow. But the business will prefer to stretch the payment terms instead, for the very same reason. This can cause disputes and strain relationships, neither of which are beneficial for either party. Invoice financing provides a solution to this ever-present dilemma. On the suppliers’ side, they can use invoice financin...
Get money in minutes · Receive funds in as little as 5-10 minutes instead of waiting 30+ days for customers to pay invoices. ; Receive up to $100,000 · Take advances on unpaid invoices up to $100,000 total and pay a 3% origination fee per invoice financed.** ; Apply quickly and easily · Enjoy a simple, online, application process that won't affect your credit score.
If you've ever relied on a customer's invoice to get you through your business costs, then there's good news: With invoice financing, you can turn unpaid invoices into a cash-flow machine, so you have the funds you need for your business. Let's dive into what you need to know about invoice financing, including what it is, why you might use it, and its advantages and drawbacks. Invoice financing is a short-term business financing arrangement that provides business owners cash that's structured as...
Cash Flow Efficiency: Monitor how quickly invoices are converted to cash through financing. This can improve your financial flexibility and ability to take advantage of other opportunities....
Financing made easy · Access your money before your clients have paid. Application is fast and simple, all from your MYOB account. ; Grow your funding limit · Butn offers a growing funding limit that adapts to the changing requirements of your business. ; Simple pricing · No ongoing feeds or early repayment charges. Pay a fixed fee per transaction to keep surprises at bay^
Financing on the best kinds of terms: yours. Network funding relies on the strength of the buyer-seller relationship to finance each invoice. This means that if you have a good relationship with your buyer, you can get paid in as little as two days regardless of your invoice terms. Funding that just keeps coming. No one likes having to wait to get paid—or worse, not knowing when. Tradeshift Cash enables fast and predictable payments from your buyers on all your invoices. Unlike traditional sup...
Get financing in as short as 48 hours at lower interest rates than banks. Apply now or talk to us about invoice financing.
Stenn is a market leader in supporting international trade via online invoice financing. We finance your invoices within 48 hours, up to a $10 million (USD) limit.