Pay long before you sell
Deposits go out at order, the balance and freight at shipment, and the revenue arrives weeks later. Poss funds that whole stretch.
Import costs
The goods are on thewater, but the chargesare due on arrival.
Supplier deposits, freight, duties and port charges all land before a single unit is sold. Poss gives Singapore importers fast, collateral-free funding so a shipment never sits waiting on cash.
Why Poss
Cover the cost of getting goods in
Clear the shipment on time
Charges due at arrival should not delay release. Get funded quickly so goods move straight through.
Order the quantity that makes sense
Freight and unit costs improve with volume. Funding lets you order at the right size instead of the affordable one.
No collateral
Funding without putting up property or assets. Just a personal guarantee.
Eligibility
Who can apply
Poss funds Singapore-incorporated businesses (Pte Ltd, LLC, or LLP) with at least six months of operating bank account history. A personal guarantee is required. Sole proprietorships and partnerships are not eligible.
Waiting on customer payments? There is funding for that too
If your cash is tied up in unpaid customer invoices, PAYD turns them into working capital without waiting for the terms to run.