Accounts Receivable Financing

Yes. OCBC accepts invoices from buyers overseas. This is subject to OCBC‘s credit appetite on the risk profile of the particular buyer(s).

Set-up time varies depending on how fast the relevant documents are received.

Financing tenor ranges up to 360 days. The financing period is subject to OCBC‘s approval and assessment on a case-by-case basis.

When you use a regular trade finance facility, you receive funding based on the bank’s assessment of your company’s financials. With an Accounts Receivable Purchase solution, the quality of the receivables are also assessed.

Under a regular trade finance facility, a loan is created. For an Accounts Receivables Purchase facility, OCBC purchases the receivables you generate on a buyer and it is not a loan provided by OCBC to the company (subject to your auditor’s confirmation).

Lastly, it is possible for pricing under an Accounts Receivable Purchase facility to be more competitive than your existing trade finance pricing subject to the Bank’s due diligence and review of the buyer and the overall quality of the receivables