Sales Invoice Financing
Free up your working capital from your receivables and advance your business today.
Sales Invoice Financing
Free up your working capital from your receivables and advance your business today.
Bridge your business ambitions with smart cashflow management when you tap on DBS’s trade financing solutions.
With Sales Invoice Financing (SIF), DBS can help to unlock cash from your receivables by providing you with an advance on unpaid invoices before your buyer pays you. This helps to free up cashflow for your other business requirements.
*You must have a DBS IDEAL Login and access to submit trade transactions
More freedom
Finance up to 90% of your invoice value, for domestic and cross-border sales under open account trade*.
Personalised for you
Our facility will be structured around your trade cycle to meet your business needs.
Save time with DBS IDEAL
Apply for financing easily via DBS IDEAL and enjoy our suite of online services with real-time transaction updates.
More positive relationships
Secure more deal opportunities with extended terms to buyers without worrying about the impact on your cashflow.
*Open account trade refers to trade transactions between a seller and a buyer that are not supported by any banking or documentary trade instrument issued on behalf of the buyer or seller.
DBS advances up to 90% of your invoice value before your buyer pays you. You are only required to pay the financing amount plus interest back to the bank at a later date.
Please refer to the Trade Pricing Guide.
Submit your loan application along with a copy of your supplier invoices and supporting trade documents through one of the following channels:
A credit facility with DBS will be required for Sales Invoice Financing. Please get in touch with us to assist you with the setup.
| Can I apply for Sales Invoice Financing if I do not have a credit facility with DBS? | |
| A credit facility with DBS will be required. Please get in touch with us to assist you with the setup. |
| How do I check the status of financing? | |
| You can check your payment status through DBS IDEAL or contact us. You will receive a reminder from IDEAL upon maturity. |
| Can I ask for an extension on the due date? | |
| This is subject to approval. The loan period must not exceed the maximum period granted in the letter of offer. |
| Can I repay the loan before the due date? | |
| Yes, however, you will be subject to a fee. Please get in touch with us to find out more. |
| What will be the foreign exchange rates used for the settlement? | |
| We will use our prevailing foreign exchange rates for the settlement of your Trade Financing. For amounts less than S$200,000 or the equivalent on the due date, please refer to Rates Online for our prevailing rates. If you have an FX contract, please inform us by 2pm on the due date. Should you required an FX contract, you may book via FX Online. |
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