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
Set up your discount rate offer, the advance amount of
cash you want and the funding period. Adjust your funding volumes as you go.
Unlike banks we offer no surprise costs or
hidden fees, all our conditions are transparent
Access a large international audience with cash at hand
to buy your invoices
As soon as your invoice is purchased by our funders,
the advance amount is sent to your account
Incomlend does not require any collateral from the Suppliers.
To get funding, no need for personal guarantees, pledged cash
deposits or assets.
Improved operational cash flow due to fast cash in of the invoice Decreased working capital requirements Reduced Days of Sales outstanding
Incomlend executes due diligence on each invoice to confirm its authenticity directly with the Buyer of the Supplier who issued the Invoice.
Keep your liabilities level intact by obtaining funds off-balance sheet on the platform, hence preserving borrowing capacity for the future
Build a positive payment record from your Buyers on the platform and use it for future credit applications
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
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 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
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.
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.
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.
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.
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.
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.
The discount rate is defined by the Supplier when he submits the Invoice request for sale to Incomlend.
Right now, the invoices are sold at Fixed rate. It means that Funders take or leave the Supplier’s discount rate offer.
To register, please check eligibility firstCheck Eligibility
After eligibility submission, Incomlend will get in touch with you shortly
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