Unlock cash from your receivables
Improve your cash flow by monetising your receivables and protect your company against buyer credit risk with DBS Accounts Receivable Purchase (ARP). Simply submit your invoices and credit notes to us, and we’ll give you access to up to 90% of the value. You usually could also be guaranteed up to 100% credit protection against buyer default in the event of insolvency and/or if the buyer is unable to pay after a predetermined period of time following the invoice due date. You may even save on time spent collecting payments from your buyers because we’ll pick up the collection duties and provide the necessary reconciliation services to improve your efficiency.
How ARP works:
Benefits of ARP:
Why choose DBS Accounts Receivable Purchase?
Recourse: If your customers do not pay you after you have delivered the goods/services in good order, DBS will seek repayment from you if you have obtained financing of the invoices.
Non-recourse: If your customers do not pay you after you have delivered the goods/services in good order, DBS usually will not seek repayment from you if have obtained financing of the invoices. If you have not obtained financing, DBS will pay you.
When you use a normal trade facility, you receive funding based on your own company financials. With an ARP solution, the quality of the receivables is also assessed, where your buyer’s credit rating will be evaluated instead of yours. Hence, your funding cost could be lower if you supply to big buyers in developed countries.
We can support your sales all over the world, depending on the credit standing of your buyer. Simply provide us with their details and we will assess accordingly.
In the event of buyer insolvency, we will pay you as soon as possible upon receipt of the insolvency evidence from you. If the buyer fails to pay after a predetermined period of time following the invoice due date, the waiting period ranges from 90 days to 180 days in most cases.
The tenure is up to 150 days and the guaranteed payment period is 120 days to 270 days from the due date of the invoice.
You may call us at 4008208988 or contact your Relationship Manager if you need more information.
Once your ARP facility is approved, you will usually need to provide the invoice and proof of delivery.