Are you new to invoice financing? Read ahead to learn its basics and how you should step into it. SME Invoice finance is a way for a company to borrow the same amount it pays its customers. Invoice financing helps businesses. Growth is faster than needed to reinvest in operations and improve cash flow. Paying employees and suppliers and waiting for customers to pay complete invoices helps pay for cash loans. The company pays the lender a percentage of the bill amount. Account financing can solve your client’s delinquency issues and difficulty obtaining other types of business loans.

Invoice financing is an excellent idea for businesses looking to withdraw funds from their accounts faster. Improve your cash flow. Spend less time tracking overdue payments. Invoice financing is a broad concept. A financial arrangement enables a company to prepay invoices for the sale or purchase of goods and services provided; this type of financing is suitable for companies requiring a certain amount of cash flow or liquidity, especially if most of your transactions are made through loans.

• Convert invoices and get cash advances
• Up to a limit of S$1 million
• Add up to 80% off your bill.
• The maximum duration of 4 months

Comprehensive financial management

Ensure complete transparency and manage your company’s funds and transactions—access and view multiple accounts and solutions from one convenient and easy-to-use platform. Opal is the number one fintech platform for all your financial solutions, including sme invoice finance. Many trusted it, and its happy clientele is a testament to this factor.