Increase your turnaround time with customised financing and build your business
Increase your turnaround and free up funds with DBS Accounts Payable Financing (APF). DBS finances the purchase of your import goods in a wide range of currencies at attractive rates. You can then take ownership of the goods and use them to grow your business up to six months before you need to pay for them. You can also choose a flexible payment plan that will complement your cash flow cycle, helping you better manage your cash flow. This is useful for when you want to pay off a Letter of Credit or Inward Bill Collection.
Why choose DBS Accounts Payable Financing?
Yes. Our trade operation staff will contact you on the day it is due, or we will provide an automatic reminder if you are currently using IDEAL™, our online banking platform.
Yes, however this is subject to credit approval from DBS, and the overall loan period must not exceed the maximum loan period granted in the letter of offer.
Yes, however the loan is subject to an early repayment fee. Please contact us at 400 820 8988 for more information.
Yes, there is a credit limit and interest is charged based on the tenure.
Please call us at 400 820 8988 for more information and if you need assistance.
The financing quantum is 100% and the tenure is usually up to six months.
You may call us at 400 820 8988 or contact your Relationship Manager for an assessment of your imports.
We finance your open account payable at competitive rates for different foreign currencies.
Call us at 400 820 8988 or visit us at any of our branches and our Relationship Manager can design a suitable financing package for your business.
How do I apply?
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