accounts receivable

Accounts Receivable Purchase

Unlock up to 90% of the value of your receivables

Accounts Receivable Purchase

Unlock up to 90% of the value of your receivables

    At a Glance
    Designed to improve cash flow for SMEs by unlocking up to 90% of accounts receivables, so businesses have access to short-term financing and an alternative source of working capital.
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    Total protection

    Enjoy up to 100% credit protection against buyer default

    time

    Save time

    We will pick up the collection duties on your behalf

    More productivity

    We provide reconciliation services to SMEs to improve efficiency

    Features & Benefits
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    Credit protection against buyer default

    In the event of insolvency, or if the buyer cannot pay after the agreed time

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    Save time on payment collection

    We will collect them for you

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    Provide the reconciliation of receivables

    Help to improve the efficiency of SMEs

    How to Apply

    If you are interested in DBS’ Accounts Receivable Purchase services to boost your business’ financing, simply call DBS BusinessCare at 2290 8068 or visit our SME Banking Centres, and our Relationship Manager will be glad to assist you. We will require details about your trading experience with you buyers.

    Download PDF
    Assignment Letter
    Invoice Schedule
    Credit Note Schedule
    Prepayment Request
    Debtor Ledger Adjustment Report
    Debtor Payment Report
    Application Form Guidelines
    Trade Finance Service Fee Schedule
    FAQs
    What is accounts receivable?

    Accounts Receivable is the amount of money owed to a company for goods or services that have been delivered but have not been paid for by the customers.
    What is accounts receivable purchase?

    Accounts receivable financing is a type of arrangement where businesses, such as SMEs, receive financing capital that is related to a certain portion of its accounts receivable. Agreements made between the bank and client are usually in the form of an asset sale or loan.
    What does ‘recourse’ and ‘non-recourse’ mean?

    Recourse: If your customers do not pay you after you have delivered the goods / services in good order, we 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, we will not seek repayment from you if you have obtained financing of the invoices. If you have not obtained financing, we will pay you.
    What are the benefits compared to a normal trade facility?

    When using a normal trade facility,  SMEs receive financing based on the company’s financials. With an Accounts Receivable Purchase solution, the quality of the receivables is also assessed.
    In which countries/regions can you provide credit cover?

    We can support your sales all over the world, depending on the credit standing of your buyer. Provide us with their details and we’ll assess accordingly.
    When do you pay me in the event of a buyer default?

    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 does not pay after a predetermined time following the invoice due date, the waiting period ranges from 90 days to 180 days in most cases.
    What documents do I need to provide to transact?

    Once your Accounts Receivable Purchase facility is approved, you will usually need to provide the invoice and proof of delivery.
    Get in Touch
    DBS Online Account Opening for Business
    Apply for a Loan
    Contact DBS BusinessCare

    To borrow or not to borrow? Borrow only if you can repay!

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