Trade Finance

Our revolving business financing options offer the freedom and flexibility you need to keep your business moving forward.

Bid farewell to the hassle of funding limitations and welcome a seamless, revolving business financing experience designed just for you. Whether you’re in the world of imports, exports, or trading goods, we’ve got your back with financial solutions crafted to ensure your success.

At Finnex, we specialise in delivering revolving business financing solutions that cater to the distinctive needs of your enterprise. Our focus on trade finance means we offer flexible options like Line of Credit and Trust Receipt Financing, empowering your business to not just survive but truly thrive in the competitive market.

It’s time to take that first step towards financial flexibility and prosperity with Finnex by your side.

Revolving Business Financing:
Trade Finance (Line of Credit/Trust Receipt Financing)

Trade Finance is a line of credit that helps minimise risks and increase the profitability of businesses involved in import/export trading. Trust Receipt Financing allows the borrowers to pledge their supplier’s invoices to the Lenders to pay their suppliers in exchange for an extended payment period that is later paid to the bank. Typically it is pegged to your business trade cycle which can be 30 days, 60 days, 90 days etc.

This helps a business owner to pay its supplier(s) for the goods ordered, gives more time for the business owner to convert goods to sales and allows the business owner to increase the capacity to order more goods. In addition, with suppliers receiving payment from the lenders almost immediately when goods or services are received, SME owners can leverage this advantage to negotiate better pricing with their suppliers.

Young businesses can apply for this facility with the assistance of the Trade Loan and Loan Insurance Scheme supported by Enterprise Singapore.

At our core, we truly get the ins and outs of international trade and the real struggles that businesses like yours go through. That’s exactly why we’ve put our heads together to create Trade Finance solutions that are all about making your day-to-day operations smoother, lessening those risky moments, and helping your business grow in a way that feels just right for you.

Features of Trade Finance:

Extended Time for Sales Conversion: Trade finance allows for a longer period to convert goods into sales before repayment to the lender is due, enabling more flexibility in managing cash flow.

Unrestricted Cash Flow for Buyers: By deferring immediate payment, buyers can free up their cash flow to be utilised for other business needs, providing greater financial flexibility.

Improved Supplier Negotiation: Trade finance empowers buyers to secure more favorable terms from suppliers who typically require cash on delivery, leading to potential cost savings and better deals.

At Finnex, we understand the importance of trade finance in driving global commerce, and we are dedicated to empowering businesses with the financial tools and support they need to thrive in the international marketplace. Our expertise in trade finance, combined with our commitment to personalised service, positions us as a trusted partner for businesses seeking reliable and efficient trade finance solutions.

Key features of our Trade Finance through SME Loan Consultation include:

  • Customised Solutions: We work closely with our clients to understand their unique trade finance requirements and offer tailored solutions that align with their business objectives and their trade cycle.
  • Competitive Rates: With a network of 61 unique lenders at our disposal, we can ensure that businesses can access the funds they need at competitive terms.
  • Risk Management: We help businesses mitigate the risks associated with international trade by guiding them to the best practices when using the line, especially for first-time users.
  • Expert Support: Our team of trade finance experts is dedicated to providing guidance and support throughout the trade finance process, offering insights and expertise to help businesses navigate complex trade transactions on every new and renewal application.

Whether you are looking to optimise your working capital, streamline your trade finance operations, or expand your global trade activities, our comprehensive suite of trade finance solutions, including Line of Credit and Trust Receipt Financing, is designed to meet your evolving business needs.

Funding Overview

1Loan Quantum100% of the invoice from the approved supplier.
2Interest RateCOF / SORA + 1.5% – 3.5% p.a
3Processing FeeUp to 2.00%
4Repayment Period30 to 180 days per financed invoice dependent on the Lender’s approval

Application Criteria


• Company Establishment of more than 2 years
• Latest year's performance must be profitable.
• A company with Group Annual Sales Turnover of ≤ S$100million or Group Employment Size ≤ 200*
* Other eligibility criteria may apply depending on the Financier(s).

Documents to Submit

• NRIC copy (front and back) of directors/ partners/sole-proprietor
• Individual Income Tax Notice of Assessment (NOA) of directors/partners/ sole-proprietor for the last 2 years
• Company bank statements for the last 6 months
• Company financial reports/statements for the last 2 years
• Latest Aging List (Accounts Receivable & Accounts Payable)
• Top 5 Supplier and Customer Listing
* Requirements may vary depending on the Financier(s).

Start with Finnex SME Loan Consultation!

We understand our client’s business models and strategies to help our clients to structure and obtain the right credit facilities by objectively assessing their business profiles and documents before finding the most suitable financial institutions that could give them the highest approval chances.

We also try to get the best deal for our clients by looking for the lowest interest rates in the market, but this could still vary depending on the company’s financial standing and profile.

If your company is not able to qualify for a loan at the moment, we would advise on what areas you can improve to qualify in the future.

At the end of our sales process, a Fund Utilisation Planning on the newly acquired facilities will be conducted in an engaging session with the business owner to set the greater path to success.

Every client is important to us and we do our best to meet the estimated timeline given.
* Subject to the credit facility proposed and applied for, processing time may take longer or shorter.

Finnex’s 5-Step Process



Knowing your businesses’ goals and expectations to better craft a solution.



Continuous fund utilisation plan and recommendation, and planning to help close any working capital gap.



With our crafted solutions, we pair your business with our network of financiers, to protect your business creditworthiness.



Getting you an approved loan, subject to financiers’ credit assessments and our negotiations with them.



Collecting information to analyse business performances and loan eligibility, with the aid of our proprietary tool, Loan Eligibility Loan Assessment or L.E.L.A.

Start with Finnex SME Loan Consultation!

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Frequently Asked Questions

How does trust receipt financing benefit importers?

Trust receipt financing allows importers to take possession of goods and fulfll orders without tying up their working capital. This enables them to sell the goods and generate revenue before needing to repay the loan, thus improving cash flow and liquidity.

Trade finance is specifically tailored to meet the unique requirements of international trade transactions, providing specific instruments and financing options to address the complexities and risks associated with cross-border trade. Traditional business financing, on the other hand, is more general and may not be optimised for international trade activities.
Trade finance professionals, including bankers, trade finance specialists, and trade credit insurers, play a crucial role in facilitating trade transactions by structuring financial solutions, providing advisory services, and ensuring compliance with international trade regulations and best practices.
Trade finance provides SMEs with access to working capital, facilitates access to international markets, and mitigates the risks associated with cross-border trade, thereby enabling them to engage in global trade activities.
A letter of credit is a payment instrument issued by a bank to guarantee payment to a seller on behalf of a buyer. It assures that the seller will be paid once the terms and conditions of the letter of credit are met. In contrast, a line of credit provides the borrower with access to a predetermined amount of funds for various transactions within an approved limit.
One potential risk of trust receipt financing is that if the importer is unable to sell the goods or repay the loan, the bank may take possession of the goods as collateral. Additionally, fluctuations in currency exchange rates or changes in market conditions can impact the value of the goods held as collateral.
Trust receipt financing is specifically designed for importers and allows them to use the imported goods as collateral. Unlike traditional loans, trust receipt financing is tailored for trade transactions and is typically structured as a short-term financing option.
Trust receipt financing is primarily designed for international trade transactions, allowing importers to take possession of goods from overseas suppliers. However, some financial institutions may offer similar financing options for domestic trade, providing short-term funding solutions for businesses involved in local trade activities.

Banks play a pivotal role in trade finance by offering a range of financial instruments and services to support international trade activities. This includes issuing letters of credit to facilitate secure payment terms between importers and exporters, providing trade loans to finance specific transactions, and offering financing options such as lines of credit and trust receipt financing to address the working capital needs of businesses engaged in cross-border trade.

Additionally, banks also provide trade finance advisory services to help businesses navigate the complexities of international trade and manage associated risks effectively.