Innovative balance sheet management
Receivables Services helps you to manage your balance sheet better. It offers quick and reliable financing through the sale of invoices or accounts receivable. Under this programme, we extend financing on approved receivables for up to 90 per cent of invoice values on a recourse or non-recourse basis.
The Receivables Solution:
- Financing
Accelerate your cash flow converted from money tied up in accounts receivable soon after the invoices are raised. Enjoy flexible funding that is geared to sales turnover.
- Non-recourse arrangement
Protect against bad debts under non-recourse arrangement for all approved invoices in the event your buyer defaults or becomes insolvent.
- Tracking & Reporting
Keep track of your sales through our timely, computerised reports and analysis on sales and overdue invoices.
- Better debt collection
Enhance your debt collection ability, especially for export sales, with the support of our trained professionals worldwide.
- Collateral
You are not normally required to pledge assets in order to enjoy our Receivables Services.
- Beyond the borders
You are released from the tedious work of monitoring your local and export receivables and the difficulties associated with language barriers, unfamiliar commercial customs and laws, long distance communications in different time zones etc.
Trade Services for Corporates