Invoice Factoring
Turn your unpaid invoices into immediate cash. Ideal for growing businesses.
What is Invoice Factoring (Receivable Financing)?
Invoice factoring is a financing solution that allows businesses to convert unpaid invoices into immediate cash. By selling your receivables to a factoring company, you can receive up to 90% of the invoice value upfront, improving liquidity and enabling you to meet operational expenses without waiting for customer payments.
Benefits For Singapore SMEs
Immediate Cash Flow
Access funds quickly to manage day-to-day operations.
No Additional Deb
Unlike traditional loans, factoring doesn't add liabilities to your balance sheet.
Credit Control Services
Factoring companies often provide credit assessment and collection services, saving your time and resources.
Scalable Financing
As your sales grow, your financing capacity increases accordingly.
Tailored Cash Flow Solutions for Your Industry
We understand that different industries face unique financial challenges. That’s why our Invoice Factoring and progress claim financing solutions are designed to meet your specific cash flow needs—so you can focus on growing your business with confidence.
Construction Industry
Long project cycles and delayed claims can put a serious strain on your working capital. Progress Claim Financing solution gives you immediate access to funds as soon as you issue an invoice—helping you pay contractors, suppliers, and workers on time. Keep your projects on track without the stress of cash flow gaps.
Stay on schedule and take on more projects—without waiting for payment cycles to catch up.
Manpower Services
Manpower agencies often face tight cash flow due to extended payment terms from clients. With Factoring Facility, you don’t have to wait. Get fast access to working capital right after sending out invoices—so you can pay your staff, meet statutory obligations, and keep your operations running smoothly.
Focus on growing your client base while we help ensure your team gets paid, on time, every time.
Marine & Offshore Sector
Cash flow delays can hit hard in marine and offshore industries where project sizes are large and payments are slow. Invoice Factoring gives you quick access to funds tied up in outstanding invoices—so you can pay workers, suppliers, and manage overheads without disruption.
Free your business from long payment cycles and fuel your operations with fast, reliable funding.
Is Invoice Factoring Right for Your Business?
Invoice factoring could be the ideal solution if your business:
- Is registered in Singapore.
- Sells goods or services to other businesses (B2B).
- Offers credit terms of 30 days or more to clients.
How Does It Work?
Submit Your
Invoices
Provide your outstanding invoices to the factoring company.
Receive Immediate
Funds
Get up to 90% of the invoice value within 24 hours.
Customer Payment Collection
The factoring service provider collects payment from your customers.
Receive Remaining
Balance
Once payment is received, the remaining balance is transferred to you, minus a small fee.
Additional Information
The information provided on this page is for general information and/or discussion purposes only and does not constitute financial, legal, or professional advice. Before making any business or financing decisions, you are strongly advised to consult with qualified independent advisors.
While every effort has been made to ensure the accuracy of the information presented, Aprove Asia makes no representation or warranty, express or implied, as to its completeness, accuracy, or suitability for any purpose.
The content is subject to change without prior notice, and Aprove Asia is under no obligation to update or correct any information that may become outdated or inaccurate.
Aprove Asia shall not be held liable for any loss or damage arising directly or indirectly from the use of or reliance on the information provided herein. Any references to specific companies, financing products, or service providers are for illustrative purposes only and do not constitute an endorsement or recommendation.
Let Us Take The Cash Flow Pressure Off Your Shoulders.
Not sure if it fits your business? Talk to us for a free, no-obligation assessment.