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 up to 80% of the value. You 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 will not seek repayment from you if you 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.
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 interest rate and handling commission fee will vary based on market conditions and risk level of your receivables.
You may call us at 2290 8068 or contact your relationship manager for an assessment of your receivables and an indicative interest rate.
Once your ARP facility is approved, you will usually need to provide the invoice and proof of delivery.
Not necessarily. We will consider your application based on your financing needs.
We will process your application within the same working day.
How do I apply?
Simply call DBS Business Care at 2290 8068 or visit our Enterprise Banking Centres, SME Banking or designated DBS Branches and our Relationship Manager will be glad to assist you. We will require details about your trading experience with your buyers.
1DBS maintains recourse to the seller in the event of dispute and/or misrepresentations
2Applicable for non-recourse ARP variant only