With invoice financing for small business, you may increase your cash flow & free up funds for business expansion. Our finance solution allows SMEs throughout Singapore to quickly access funding for new business projects by leveraging outstanding bills. Opal offers you flexibility, quick approvals, and low rates.
What is invoice financing, and how does it work?
Invoice financing, also known as invoice financing for small business, is a cash flow solution that allows businesses to finance their receivable accounts & obtain early payments. It allows Singapore businesses to bridge or improve cash flow that unpaid bills would otherwise stifle.
This financing is suitable for small enterprises that want cash upfront or regular cash flow, mainly if their transactions are mostly on credit terms. The available funds might be used to pay staff and suppliers or reinvest in new business prospects.
Why choose Opal?
When you choose Opal as your factoring firm, you may use our flexible options to get cash early by turning in your invoices as needed. We provide credit lines of upwards of SGD 1 million, allowing us to fund up to an 80percent of the invoice amount for a maximum tenor of 120 days.
Funding Societies, Southeast Asia’s biggest SME digital financing platform, has partnered with us to provide you and your business with comprehensive financing alternatives for business success. The available funds might be used to pay staff and suppliers or reinvest in new business prospects.
Why choose Opal?
When you choose Opal as your factoring firm, you may use our flexible options to get cash early by turning in your invoices as needed. We provide credit lines of upwards of SGD 1 million, allowing us to fund up to an 80percent of the invoice amount for a maximum tenor of 120 days.