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Are you one of the SMEs that needs funding to grow your business better? Perhaps you are one of those who run SMEs that need additional funding. Did you know that you can get a loan through Invoice Financing and Purchase Order Financing? Those are just some of the current offerings of Investree Philippines.
Background of the Company Investree Philippines is a joint venture between Filinvest Development Corporation and Investree Singapore Pte. Ltd. It is the first crowdfunding intermediary and funding portal registered with the SEC after the Rules and Regulations Covering Crowdfunding (CF Rules) took effect in July 2019. The company operates a lending-based crowdfunding platform whose crowdfunding activities involve banks or qualified buyers as lenders, and small, medium, and emerging enterprises (SMEs) as borrowers. SEC Philippines Grants Investree Permanent Crowdfunding License The Securities and Exchange Commission (SEC) has granted Investree Philippines, Inc. a permanent license to operate as a crowdfunding platform, as it looks to promote the growth of the crowdfunding market in the country. In its meeting on January 6, the Commission En Banc approved Investree Philippines’ application for a permanent license to operate as a funding portal and act as a crowdfunding intermediary, following a review of the company’s operations since the issuance of its provisional license on January 7, 2021. What types of business financing that Investree Philippines offer? Investree Philippines offers business financing needs via Purchase Order Financing and Invoice Financing. How does Invoice Financing work? Invoice Financing works by guaranteeing the financing with an invoice—a bill for goods or services given to you by your buyer. A single repayment should be made at the due date. You can use the funds to grow your business while waiting to get paid by your buyer. How much money can you get from Invoice Financing? You can get up to 80%* of the invoice amount as the financing amount. * This will vary based on the analysis made by Investree Philippines' Risk team. What are the interest rates for Invoice Financing? Investree Philippines charge an interest rate between 1% and 3% per month, depending on their Risk team's assessment of your business profile and the financing type. What is the tenor length for Invoice Financing? Tenor ranges from 14 to 180 days. How does Purchase Order Financing work? Purchase Order Financing works by guaranteeing the financing with a purchase order—an order for goods or services given to you by your buyer. A single repayment should be made at the due date. Purchase Order Financing will help you accept larger orders from your buyer. How much money can you get from Purchase Order Financing? You can get up to 50%* of the purchase order amount as the financing amount. * This will vary based on the analysis made by Investree Philippines' Risk team. What are the interest rates for Purchase Order Financing? Investree Philippines charge an interest rate between 1% and 3% per month, depending on their Risk team's assessment of your business profile and the financing type. What is the tenor length for Purchase Order Financing? Tenor ranges from 14 to 180 days. What are the costs involved in applying for financing with Investree Philippines? The costs involved are the interest payment and the processing fee, called the Marketplace Fee. All costs will be made transparent to you so that nothing is hidden. How much is the processing fee? Investree Philippines charge a processing fee, called the Marketplace Fee, between 1.99% and 2.99% of the financing amount per each transaction. How do you apply for financing? Investree Philippines application process is fast and simple so a new applicant can get the funds in as little as 7 business days. To apply, visit their website https://investree.ph or send an email at [email protected]. You may reach also at +63 921 744 4984/+63 917 708 9802. Finance your business today! Keep your business growing!
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