Rikvin – your key partner for loans and working capital requirements
Rikvin’s Loans and Credit Consultancy Team comprises of professionals who can assist in providing banking advice and structuring of bank credit facilities such as loans, trade finance as well as cash management structures tailored for your business’s working capital requirements.
After pre-consultancy sessions to understand your business better in detail, Rikvin will:
- Prepare detailed financial analysis and profiling of your business model, operations
- Propose structures tailored to the business from a wide variety of traditional bank loans or Singapore Government backed loans
- Engage the banks directly as your representative to negotiate for bank loans and credit lines
We can assist you with the following:
- Export and domestic factoring
- Accounts receivable financing
- Working capital loans
- Letter of credit/ trust receipt facilities
- Hire purchase/ leasing/ machinery loans
- Mortgage loans
- Financing for overseas operations
- Local enterprise finance scheme
- Cross border equipment loan
Banks can provide term loans with varying tenors to finance asset purchases such as machinery and commercial / residential properties
Trade Finance Loans
Trade finance loans such as Letter of Credits, Bank Guarantees, Invoice/Inventory Financing can supplement your company’s working capital requirements to support daily sales and procurement activities. Other forms of facilities include Export Letter of Credit discounting.
Overdraft loans acting as standby / short term financing in a company’s daily working capital cycle.
Receivables Financing / Factoring
Companies can access upfront funding from their open account sales by assigning their account receivables to the Banks, which can be structured in a with recourse basis or on a non-recourse basis.
Hire Purchase Loans
Companies can access term financing to purchase various machinery and equipment, as well as commercial vehicles.
Government-backed (SPRING) Bank Loans
SME Micro Loans
Companies with 10 or less employees can access working capital financing of up to S$100,000 to support their day-to-day business operations.
SME Equipment and Factory Loans
Companies can access financing of up to S$15 million to purchase equipment, machines or selected factory properties.
Loan Insurance Scheme (LIS) and LIS+
Companies can access trade finance loans including inventory/stock financing, overseas working capital loans, factoring/accounts receivable discounting and Banker’s Guarantees for contractual fulfilment.
SME Working Capital Loan
Companies can access unsecured working capital financing of up to S$300,000 to support their day-to-day business operations through this programme from 1 June 2016 to 31 May 2019.
Learn More SPRING Loans Qualifying Criteria
Need advice on bank credit facilities to support your business?
Rikvin has bank loan specialists who can assist in providing banking advice and structuring of bank credit facilities such as loans, trade finance as well as cash management structures tailored for your business’s working capital requirements.