Unlock cash from your receivables
Improve your cash flow by monetising your receivables and protect your company against buyer credit risk with DBS Accounts Receivable Purchase (ARP). Simply submit your invoices and credit notes to us, and we’ll give you access to up to 90% of the value. You could also be guaranteed up to 100% credit protection against buyer default in the event of insolvency and/or if the buyer is unable to pay after a predetermined period of time following the invoice due date. You may even save on time spent collecting payments from your buyers because we’ll pick up the collection duties and provide the necessary reconciliation services to improve your efficiency.
How ARP works:
Benefits of ARP:
Why choose DBS Accounts Receivable Purchase?
Recourse: If your customers do not pay you after you have delivered the goods/services in good order, DBS will seek repayment from you if you have obtained financing of the invoices.
Non -recourse: If your customers do not pay you after you have delivered the goods/services in good order, DBS will not seek repayment from you if have obtained financing of the invoices. If you have not obtained financing, DBS will pay you.
When you use a normal trade facility, you receive funding based on your own company financials. With an ARP solution, the quality of the receivables is also assessed.
In the event of buyer insolvency, we will pay you as soon as possible upon receipt of the insolvency evidence from you. If the buyer fails to pay after a predetermined period of time following the invoice due date, the waiting period ranges from 90 days to 180 days in most cases.
Once your ARP facility is approved, you will usually need to provide the invoice and proof of delivery.
Griffin Kinetic Pte Ltd