Finaxar offers a range of financial services to suit different business' needs. The table below summarises what we provide.
|Products||Receivable Financing||Finaxar Credit Line||Growth Capital Financing|
|Turn your unpaid invoices into working capital funds.||A line of credit to meet your daily business financing needs.||Funds to support your business growth without losing equity.|
|Who should apply?||Companies with >30 days of unpaid invoices from customers.||Companies who sell to consumers or with unpaid invoices
< 30 days.
|Suitable for companies with business expansion plans.|
|Credit Limit||Up to S$1M.||Up to S$500,000.||Up to S$1M.|
(*subject to credit assessment)
|1% - 1.5%* per month||1% - 2%* per month||1% - 1.5%* per month|
|Repayment Tenure||30-120 days||Up to 6 months||Comfortable and flexible repayment plans which are based on forecasted revenues|
|Eligibility||12+ months company operations and sales||6+ months company operations and sales||12+ months company operations and sales|