A: Invoice financing is a short term financing solution which allows businesses to draw down cash against outstanding sales invoices.

A: We provide invoice discounting service to our SMEs – both selective invoice discounting (only sell when they need to) or the whole turn over invoice discounting depending on SMEs’ needs.  We also offer confidential invoice discounting, which means that SMEs’ end customers will not be aware that cash has been advanced against sales invoices before payment has been received.

A: At InvoiceInterchange, we facilitate the sale and purchase of trade receivables between sellers and purchasers and do not lend money to companies. In addition, trade receivables are not classified as securities and we are therefore not impacted by MAS’ Securities-based crowdfunding regulations.

A: No, new SMEs must first pass InvoiceInterchange’s assessment procedures before they are accepted as members of the platform and allowed to begin selling their invoices. For example, SMEs must meet pre-determined minimum criteria and satisfy credit and anti-fraud checks.

A: There is no obligation to sell, no minimum usage. You can sell as many as you like – as and when you need to. Fees are applied only on sold invoices.

A: Typically SMEs would pay between 1.5%-3.5% of the invoice amount to invoice finance with us.

A: We assess each invoice on a case-by-case basis. Invoices must be issued to large well-recognised customers (e.g. MNCs, listed companies, government organisations). In general, our investors accept a wider scope of invoices than banks/traditional sources.

A: Only our community of registered Investors are able to view your business information. Our Investors are either institutional investors or high net worth individuals who have satisfied our strict assessment checks. They have also signed strict confidentiality agreements and therefore have a legal obligation to use this information solely for the purposes of providing liquidity to factor your invoice. They are forbidden to share this information with any third parties.

A: If you have sold your invoice on InvoiceInterchange and received the agreed cash advance for the sale, you are contractually obligated to repay the amount owed (to the Investor) should your Customer not pay.

A: In most cases we can offer a non-disclosed facility. You continue to retain your customer relationship and credit collection.

A: We transfer cash over to you usually on the same day that the auction closes.  In some cases, it may take up to 24 hours.

A: Very secure (actually much more secure than it would be sitting on an average PC). Your data and files are hosted on Amazon AWS servers – the same highly secure and reliable storage servers used by many major global banks.

InvoiceInterchange’s website includes SSL encryption to keep your data safe. InvoiceInterchange’s product software and infrastructure are also secured with the latest security patches.