post shipment finance

Export Open Account Post-Shipment Financing

Improve cash flow on open account terms

Export Open Account Post-Shipment Financing

Improve cash flow on open account terms

At a Glance
Secure receivables financing for open account sales and improve cash flow with Account Receivable financing.
task

Short-term solutions

Based on supporting documents like invoices and transport, accompanied by a bill of exchange drawn on you

time

Save time

Apply for post-shipment financing (including receivables financing) and monitor payments, along with other export services through DBS IDEAL online banking platform

smart-devices

Stay in the know

Receive automatic reminders on your post-shipment loan settlement due date via DBS IDEAL

Features & Benefits

To improve your cash flow as the Bank will provide post-shipment financing before your customer pays you

Post-shipment financing can be obtained to pay your overhead or raw materials purchases

Fees

To learn more about the fees associated with DBS’ post-shipment financing, please refer to the Trade Finance Service Fee Schedule.

How to Apply

Simply submit your application form at one of our Trade Collection Branches or SME Banking Centres. Alternatively, you can apply via DBS IDEAL.

To borrow or not to borrow? Borrow only if you can repay!

Apply loan under HK$10 million
Apply loan over HK$10 million
Download PDF
Smart Form
FAQs
What is Post-shipment Financing (receivables financing)?

DBS offers Post-shipment Financing (receivables financing) to SME businesses for invoices regarding purchases that have been made, but not paid for yet. With this financing, companies can have cash on hand to run their business confidently.

How do I complete the application form?

You may call DBS BusinessCare at 2290 8068 for assistance.

Do I need a credit facility to apply?

Yes, you must obtain a credit facility first before applying for a post-shipment financing from DBS SME Banking. Please contact us should you require one.

How do I access the financing rate?

For more information about our post-shipment financing rates, please contact us. We will arrange for a relationship manager to assess your needs and provide you with a quotation.

How long does it take to process?

If we receive the post-shipment financing application by 6pm, we can process them on the same day. If we receive the application after 6pm, we will process them within the next working day.

How do I check the status of post-shipment financing?

You can check the status through DBS IDEAL or contact DBS BusinessCare. You will receive a reminder from IDEAL upon maturity.

What can I do if my loan application is not accepted? Is there a process to review the decision?

If you have any questions or need to discuss the result of your loan application, please contact our "SME Credit Approval Review Hotline" at 2290 8050 or email to [email protected]