CONNECTING CASH

Global invoice marketplace
for businesses and private capital

WHAT IS INCOMLEND

Incomlend is an online multi-currency invoice exchange platform
connecting businesses and private funders.

Incomlend serves as a marketplace, where suppliers can sell their invoices online directly to individuals or companies willing to purchase them. As a result, the Supplier obtains cash in exchange for a discount rate paid to the Funders of the invoices

how it works

1 Supplier sells goods, raises invoice
2 Supplier submits invoice on the platform
3 Funder purchases invoice
4 Incomlend sends funds to Supplier
5 Buyer pays invoice at maturity
6 Funder gets capital back + profit from discount

WHO CAN USE US

SUPPLIERS who are:

Trading goods or services on their
domestic markets or abroad

Looking for ways to free cash locked in their
receivables awaiting payment

Wishing to shorten their credit terms
and reduce the pressure on their
working capital

Wishing to secure a new source of
funding as an alternative to banks

learn more

FUNDERS who are:

Seeking to accelerate return on their capital

Wishing to diversify their portfolio through
placing into a new asset class such as real life
companies' invoices

Already buying invoices on their domestic
markets and interested in accessing
cross-border opportunities

Looking for a controlled risk environment

Interested to keep their capital protected

learn more

ADVANTAGES

GLOBAL REACH

  • Suppliers can sell both domestic and export invoices
  • Suppliers access a global and stable pool of purchasers for a potentially unlimited source of funding
  • Funders can access a rich spectrum of international receivables

SECURITY

  • All invoices and companies undergo stringent due diligence and credit selection procedure
  • Transactions are covered by Credit Insurance
  • Capital is secured on a segregated account managed by a trustee

flexibility

  • Suppliers can adjust their invoice selling conditions and volume to their needs
  • Funders can build their own mix of invoices as they see fit
  • On boarding for all is fast and simple

TRANSPARENCY

  • No hidden costs
  • No surprise fees
  • No complex conditions
  • Reporting through online dashboards

FAQ

  1. Can incomlend use customers’ funds for any other purpose than buying and selling account receivables?

    No. All Clients’ funds are located on a segregated account supervised by a licensed Trustee company, which validates Incomlend’s clients KYCs and every incoming / outgoing transaction. This eliminates the risk of having Clients’ money being freely disposed of by Incomlend.

  2. What happens in case of payment default from the buyer?

    All transactions made through our platform are covered by a worldwide credit insurer. This protects the Funder against a payment default from the Buyer. Thus, the Funders’ capital is reimbursed even if the Buyer doesn’t pay.

  3. How does Incomlend perform its KYC and protect itself from money laundering / terrorism financing?

    Incomlend is registered in Singapore and must respect the rules set by the Monetary Authority of Singapore (“MAS”) regarding client KYC, anti-money laundering and counter terrorism financing.
    Incomlend’s client screening process includes 3 major stages:
    1) collection of client data and documents
    2) verification of the data (KYC analysis)
    3) validation of the data by an independent Trustee supervisor.

  4. What happens if the advance amount requested by the Supplier is not funded?

    The Supplier defines the minimum amount for the advance requested. If the amount collected at the end of the funding period (for example 50%) is less than the minimum advance amount defined by the Supplier (for example 60%), the trade will be cancelled.
    Capital booked by the Funders to buy the invoices will not be debited from their e-wallets and no funds will be sent to the Supplier.
    Although this kind of situation is theoretically possible, in practice it is observed that funds available systematically surpass funds requested.

  5. How is the discount rate defined?

    The discount rate is defined by the Supplier when he submits the Invoice request for sale to Incomlend.

  6. How an Invoice can be purchased on the platform: Is there an auction process?

    Right now, the invoices are sold at Fixed rate. It means that Funders take or leave the Supplier’s discount rate offer.

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CONTACT US


+65 6604 0264

13B Lorong Telok,
Singapore 049 026,
Singapore
Office A, 7/F, Chang Pao
Ching Building, #427-429 Hennessy Road,
Wan Chai,
Hong Kong

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