Finaxar has partnered with Networked Trade Platform (NTP) to provide financing solution to their registered shippers. Receivable financing is the ideal solution to help shippers meet their short term working capital requirements. The cash advance from your unpaid invoices helps to close up your financing gap between paying your suppliers and receiving payment from your clients.
up to
Credit Limit
as low as
Interest Rate
as fast as
Approval
We will contact you with the documents required and it can be shared via email.
Upload your invoices through NTP portal to get funds from receivable financing loans from Finaxar
Unlike traditional invoice factoring, we provide a fast, paperless credit evaluation in 72 hours. Once approved, connect your accounting software and start getting funds in 24 hours.
View your financials in one secure place and choose how much and when you want to draw funds. Take full control of your cash flows with Finaxar’s flexible invoice factoring.
One of the many benefits is that you don’t have to pay any set-up fees or processing fees. Get cash advances for your invoices with Finaxar, less a single transparent fee. single transpare.one of
24 Aug 2018 | Channel News Asia
In partnership with Singapore fintech startup Finaxar, Lazada launched this latest service on Friday (Aug 24) to its online sellers in Singapore.
Businesses can loan any amount from S$5,000 to S$500,000, and the credit assessment is done online based on past transaction volumes on Lazada.
Finaxar’s “merchant credit line” allows Lazada sellers to access any amount of capital online anytime they need it, rather than resorting to long-term loans.
Finaxar charges an all-in fee of up to 1.5 percent of the loaned amount, doing away with the standard practice among financial institutions: offering low interest rates and then adding an array of charges, such as processing and facility setup fees. .
Finaxar’s “merchant credit line” allows Lazada sellers to access any amount of capital online anytime they need it, rather than resorting to long-term loans.
Finaxar charges an all-in fee of up to 1.5 percent of the loaned amount, doing away with the standard practice among financial institutions: offering low interest rates and then adding an array of charges, such as processing and facility setup fees. .
“We expect the start-ups to make an important contribution to shaping the debates at the meeting about the impact and course of new technologies and disruptive business models. We believe that they will enrich important discussions about how to upgrade innovation ecosystems and promote entrepreneurship"
"We're excited about our partnership with Finaxar to pilot an innovative financing solution for our users of EzyProcure, alleviating cash flow pain points that have plagued both buyers and suppliers at an industry-wide level."
“Innovative solutions and flexibility to meet client needs, a well-coordinated team that worked seamlessly to meet client objectives, and a focus that delivered on client goals exceedingly well. I would recommend Finaxar to all SMEs as a boutique that disintermediates and disrupts the invoice discounting banks very effectively.”