Articles in this section
- My customers/debtors currently pay via Telegraphic Transfer (T/T) to us. How can I request my customers/debtors to update their bank transfer details to Finaxar's account?
- How much does Finaxar charge for its services?
- My company usually experiences a sale surge during peak seasons (eg. Chinese New Year and Christmas). Am I eligible for financing from Finaxar?
- My application for financing my customer/debtor XYZ was recently rejected by Finaxar because there is a ban of assignment clause in my contract with XYZ. What should I do?
- I have overseas customers eg. in Malaysia, Thailand, Indonesia. Will Finaxar accept these overseas customers for financing?
- If I bill my debtors/customers only once a month, will I get advances only once a month?
- Currently, I have a factoring facility with my bank. Can I still get financing with Finaxar?
- I have a factoring facility with my bank. I was approved a $100,000 limit for my customer/debtor ABC, which is insufficient for my needs. Can I factor the remaining invoices from XYZ with Finaxar?
- I purchased my supplies in USD and billed in SGD to my customers. Can I request Finaxar to fund me in USD instead?