CONNECTING CASH

Fast funds
for your business

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

ADVANTAGES

FLEXIBLE CONDITIONS

Set up your discount rate offer, the advance amount of
cash you want and the funding period. Adjust your funding volumes as you go.

NO HIDDEN FEES

Unlike banks we offer no surprise costs or
hidden fees, all our conditions are transparent

EFFICIENT FUNDING

Access a large international audience with cash at hand
to buy your invoices

FAST DELIVERY

As soon as your invoice is purchased by our funders,
the advance amount is sent to your account

NO COLLATERAL

Incomlend does not require any collateral from the Suppliers.
To get funding, no need for personal guarantees, pledged cash
deposits or assets.

how it works

Connecting cash

Fast funds for your business

Benefits of Incomlend
compared to banks

Bank
Incomlend
Fast cash access
Flexible funding conditions
No collateral required
No hidden fees
Impact on borrowing capacity
Yes
No

Incomlend offers solutions
for your business needs

FINANCIAL PERFORMANCE

Improved operational cash flow due to fast cash in of the invoice Decreased working capital requirements Reduced Days of Sales outstanding

FLEXIBILITY

Incomlend executes due diligence on each invoice to confirm its authenticity directly with the Buyer of the Supplier who issued the Invoice.

BORROWING CAPACITY

Keep your liabilities level intact by obtaining funds off-balance sheet on the platform, hence preserving borrowing capacity for the future

TRACК RECORD

Build a positive payment record from your Buyers on the platform and use it for future credit applications

Connecting cash

Fast funds for your business

Eligibility

The eligible
Supplier is:

A duly
Registered
company

At least
2 years of
audited
accounts

The eligible Buyer
of the Supplier is:

A duly
Registered
company

Approved by
Incomlend’s
Credit Insurer

Non-Eligible invoices

To find out more on Incomlend’s Invoice Eligibility policy, please download our informational booklet below. Feel free to contact us if you have any questions.

learn more

TRUSTEE MANAGED SEGREGATED ACCOUNT

Funds are located on a segregated account supervised by a licensed
Trustee company, validating every incoming / outgoing transaction.
This eliminates the risk of Clients’ money being freely disposed of by
Incomlend.

Our features

SELLING

  • Sell your invoices only when you need to
  • Set upfront your discount rate offer, the amount of cash you want, the funding for your invoice
  • Invoice selling is done on a “Take it now offer” basis for the funders

MANAGING FUNDS

  • Fluid and seamless management of cash transactions
  • Withdraw cash to your registered accounts
  • Choose the time and the amount you need to withdraw

MONITORING

  • View your overall invoice selling statistics, advance amounts received or under collection
  • Be alerted when your invoice is accepted / fully funded / cash has been sent / obligor paid the invoice
  • Know the amount you will receive and the cost you will pay upfront

Connecting cash

Fast funds for your business

HAVE A QUESTION?

SPEAK TO A MEMBER OF OUR TEAM

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FOLLOWING CONTACT FORM:

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FAQ

  1. INCOMLEND IS AN ALTERNATIVE INVESTMENT PLATFORM: IS IT REGULATED?

    Incomlend is incorporated in Singapore and refers to Singaporean regulations. The company facilitates buying and selling of account receivables through its online platform, applying the invoice discounting principle.

    As per the Monetary Authority of Singapore (MAS) rules, Incomlend is not subject to licencing, since Invoices / Account receivables are not considered as “Securities” by the MAS.

  2. HOW ARE DEFINED SUPPLIERS, DEBTORS AND FUNDERS ON THE PLATFROM?

    Supplier: Company that sells its invoices on the Incomlend platform, or the Seller in other terms.

    Buyer: company that buys goods/services from the Seller (the client of the Seller). The Buyer is obligated to pay the invoice issued by the Seller (Supplier) at expiration of the payment term.  Incomlend’s credit risk is always on the Buyer (Debtor), because the Buyer is the company paying the invoice. The credit risk of the Buyer is always covered by Credit Insurance on the platform.

    Funder: individual or corporate entity purchasing the Supplier’s invoices at a discount.

  3. CAN INCOMLEND USE CUSTOMERS’ FUNDS FOR ANY OTHER PURPOSE THAN RECEIVABLES TRADING?

    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.

  4. What happens in case of CREDIT default from the DEBTOR?

    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.

  5. 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 through global 3 rd party information providers
    3) validation of the data by an independent Trustee supervisor.

  6. 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.

  7. How is the discount rate defined?

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

  8. 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.

CONTACT US

13B Lorong Telok,
Singapore 049 026,
Singapore
+65 6604 0264
Office A, 7/F, Chang Pao
Ching Building, #427-429 Hennessy Road,
Wan Chai,
Hong Kong
+852 2509 3868

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