Rainbow Capital Pte Ltd

04/02/2023

Another misconception is that factoring is costly because it being compared with loan from traditional financial institutions. Factoring is more than just a loan. It comes with benefits beyond that of straight forward overdraft or term loan. It may appear costlier but the benefits outweigh the costs.

Kheng Leong Lee posted images on LinkedIn

04/02/2023

This headline in Business Times ,today, 4 Feb 23, is indeed alarming and a wake up call to the challenges faced by businesses. With looming inflation, high interest costs and uncertainties; businesses have to be prepared. While sales turnover may be beyond one's control, business risks and cashflow can be managed with the right financial tools and support. Drawing from the past experiences of economic slow down and recession, managing one's cashflow with the aid of factoring a.k.a invoice financing can be very useful. Especially at times when traditional financiers become jittery and tighten on their credit requirement. Bankruptcy can be avoided in some situations.( The writer of this post has worked several decades serving SMEs with their working capital financing.) www.rainbowcpl.com

21/01/2023

My first full time employment after graduation in1979 was in a company offering factoring as a form of Supply Chain Financing to vendors and sub-contractors of a shipyard. It proved to be very beneficial for their working capital. Fast forward to 2023. Somehow there still misconceptions. Rainbow Capital Pte Ltd

According to a survey undertaken by FCI (formerly known as Factors Chain International), the world’s factoring volume over the last 7 years has grown at a…

08/12/2022

For most businesses, the ability to leverage on its very own accounts receivable to obtain working capital and to manage cashflow is often overlooked. But these can be done by way of Factoring. Factoring is also referred to as Accounts Receivable Purchase (ARP).
While conventional lenders mostly look primarily at the Borrower's balance sheet and the collateral(s) that can be offered to secure the credit facility, the Factor assesses the quality of the debts and the standing of the Debtor(s).
As such, the typical Factor can respond quicker to the working capital needs of a business because the facility limit can be raised to match the sales as long as the quality of the debts remain acceptable.
Please visit the following link to learn more. www.rainbowcpl.com

08/12/2022

20/08/2020

Keep on learning!

Quickly see the difference between factoring and accounts receivable financing to understand what is best for your business. We go through the pros and cons.

14/08/2020

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13/08/2020

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Agenda: 1. Legal challenges to fintech adoption 2. Enterprise blockchain 3. Singapore's digitalization efforts Speakers: Krishna Ramachandra - Managing Director, Duane Morris & Selvam; Senior Advisor to the Global Blockchain Foundation Derrick Boo - Associate Director, Duane Morris & Selvam Wayne Ta...

05/08/2020

Like it or not, we are entering a new norm. Life goes on...together with our businesses!

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