What is Contract Finance?
A facility that allows you to bring forward cash against future recurring revenue from on-going contracts, licenses or retainers.
SIMPLE
Easy to use online platform reduces admin
FAST
Quick decisions
TRANSPARENT
All costs known upfront, no hidden fees
UPFRONT ADVANCE
Up to 80% of contract value
How contract finance works?
1. UPLOAD YOUR CONTRACT
Submit your contract online and indicate the number of payment periods you want advanced.
2. VERIFY YOUR CONTRACT
We will review and verify the legitimacy of your contract.
3. FUNDS IN YOUR ACCOUNT
Your contract is funded on our platform by our community of investors. Funds are then advanced and available to you within 24 hours.
Is your business eligible?
If you’re waiting for a customer to pay you, we’ll help ease your cash flow.
Limited or LLP company based in Singapore- Has at least 6 months trading history with the customer
- Minimum turnover of $300,000 p.a.
- 2 years operational history
- Has contracts with customers with minimum turnover of $30M p.a.
Cost
We offer two options based on your funding needs:
Transaction fee
You pay a fixed percentage of the invoice amount
+
Discount fee
Fee against drawn down funds, calculated based on the actual term
Apply now to get financed today
Still unsure and have more questions?
- Confidential, contract finance
- Disclosed, contract finance
A: Up to $1 million
A: No minimum term
A: Up to 80% of the value of the annual contract
- Director(s) personal guarantee, accompanied by a Statement of Means (i.e. details of assets, liabilities, income and expenditure)
- Corporate guarantee (if required)
- Additional security may be considered on a case-by- case basis
- Up to 12 month value of a contract
- Export contracts – assessed on a case-by-case basis
We cannot fund:
- Overdue contracts
- Contracts that do not create a continuous service income or license fee revenue
- Debt to related parties
Talk to Us
If you would like to find out more about our products, schedule a phone call or in-office appointment with our team below. There is no obligation.