Payable Financing

Buy now, Pay later

Smart, hassle-free business financing

Access up to S$500,000

                       

Lightning-fast Decision

Pay for what you use

Sounds like a perfect fit?

Improve your cash flow!

Apply now

Only takes 5 minutes!

How Payable Financing Works:

Payables Financing allows you to maintain working capital funds while paying your supplier’s invoices on time. Finaxar pays your suppliers on the due date and you repay us on a later date (up to 90 days after the invoice date). With Finaxar Payable Financing, you can now optimise your cash flow and working capital.

1
Apply online

Apply and sign up with basic details of your business and suppliers in less than 5 minutes

2
Get approved

Our credit team will review your application and reach out to you in less than 72 hours

3
Submit Your Invoices

Share your unpaid invoices for loan disbursement

4
Get funded

Draw funds whenever you need and pay your invoices on time

Get access to more capital with greater flexibility

Things you need to get started

At least 6-12 months of company operation

Your accounts payables aging report for the last 6 months

Your bank and financial statements for the last 6-12 months

Explore other financing options

Check out Finaxar Credit Line 查看 Finaxar Credit Line Hãy thử Finaxar Credit Line

Recommended for Online merchants and other businesses with significant credit card transactions

推薦給 Online merchants and other businesses with significant credit card transactions

Phù hợp với Online merchants and other businesses with significant credit card transactions

Check out Growth Capital Financing 查看 Growth Capital Financing Hãy thử Growth Capital Financing

Recommended for Software-as-a-service (SaaS), digital media and other technology businesses. Get funded without giving away your business control.

推薦給 Software-as-a-service (SaaS), digital media and other technology businesses. Get funded without giving away your business control.

Phù hợp với Software-as-a-service (SaaS), digital media and other technology businesses. Get funded without giving away your business control.

How is Payable Financing different?

Traditional (Reverse) Factoring
Payables Financing
Time
Time Traditional factoring companies may take longer than a week to get the credit assessment
Time Sign up in a few minutes and complete the online assessment within 72 hours and access your funds within 24 hours
Application Process
Application Process Financers usually require several documents for verification purposes which make it a lengthy and stressful process
Application Process With our completely paperless and hassle-free process, you only need to sync your accounting platform
Fees
Fees Banks and other financiers often charge several fees such as admin or processing fees
Fees Enjoy low interest rates and one single transparent fee with Finaxar

Learn more about how Payable Financing works Read More

Your queries about Payable Financing, answered

    1.  When making a funding decision, we evaluate your short-term cash flow history and creditworthiness, whereas banks focus heavily on your company’s balance sheet strength.
    2.  We make quick funding decisions, while banks may take weeks or even months at times to evaluate a financing decision, potentially resulting in loss of business opportunities due to slow turnaround times.

    Written by Vihang Patel

    作者 Vihang Patel

    Written by Vihang Patel

    Updated over a week ago

    週前更新

    Updated over a week ago

  1. We will send you an email which contains a Sign Up link. Once you click on the ‘Sign Up’ button, your browser will open to the Sign Up page shown below. Read More

    Written by Vihang Patel

    作者 Vihang Patel

    Written by Vihang Patel

    Updated over a week ago

    週前更新

    Updated over a week ago

  1. Generally, we only require a Personal Guarantee (“PG”) or a Joint/Several Personal Guarantees (“JSPG”) of the director(s) for the facility. However in certain cases, we may also require additional collateral eg. fixed deposits or a floating charge on the company’s assets to improve the credit structure of the facility.

    Written by Vihang Patel

    作者 Vihang Patel

    Written by Vihang Patel

    Updated over a week ago

    週前更新

    Updated over a week ago

  1. Finaxar provides many working capital solutions to help your company manage your short-term cash flow issues, ranging from accounts receivable financing to various forms of supply chain financing.

    We provide a credit line facility (as against a term loan) that helps meet your working capital requirements. We do this in 2 ways:

    •  If you provide goods or services to other business, we can provide a line against your invoices to these businesses.
    • If you sell online through your own website through major platforms like Lazada & Amazon, or have a retail operation that accepts credit cards, we can provide you a merchant credit line against these credit card transactions.

    We are happy to get on understand your requirements over a call and follow up with a meeting as per your convenience.

    Written by Vihang Patel

    作者 Vihang Patel

    Written by Vihang Patel

    Updated over a week ago

    週前更新

    Updated over a week ago

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