The Working Capital Solutions Available Through Incomlend Have Aided Numerous Companies Around the World

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The Working Capital Solutions Available Through Incomlend Have Aided Numerous Companies Around the World

July 28
04:51 2023
Small and Midsize Enterprises, or SMEs, have significantly benefited in more than 50 countries from the financial assistance of Incomlend. Based in Singapore, this fintech partner has funded over 6,000 transactions globally.

Financial limitations are one of the most significant issues facing small and midsized enterprises or SMEs. These businesses and ventures often hit a wall when finances run out, and short of loans, there are very few options to help them break through and pursue their passions. For businesses to keep expanding and growing, financial means are a necessity.  

With Incomlend, a new type of funding is available. By pairing investors with importing and exporting SMEs that need additional capital freed up, this platform has changed the course of the future for its clients. 

How Incomlend works 

This alternate source of funding and supply chain financing is incredibly flexible as they create a network of investors and SMEs, all supporting each other and gaining from every win. The program can be adjusted to fit any financial needs with the support of these creditable investors. With partners like Sequoia and CMA CGM, Incomlend is able to offer what no other company can.  

Specifically designed to aid importers and exporters, each type of SME can find a solution based on their primary work. Incomlend offers a platform for exporters in which these SMEs can upload their export invoices which Incomlend will buy at a discount and pay early, on the buyer’s behalf. The buyer now has extended terms before they need to pay Incomlend back (up to 120 days), freeing up financial resources and gaining time to sell their own goods to earn income first.  

Cash flow can become much freer, and the supply chain will run smoother and without hitches with the extra time Incomlend gives its clients.  

Exporters get the benefit of having invoices paid early, getting the money for their products upfront. They don’t need to worry about chasing down past-due invoices when a product has already been received. Instead, they know Incomlend will have their back and get them paid on time.  

Conclusion 

Regardless of whether a user is an importer or exporter, Incomlend offers a user-friendly interface on their online platform that allows SMEs to take charge of their finances and have more flexibility on when cash is available to grow and make advancements in a business.  

This new financial partner has helped fund thousands of transactions worldwide, aiding SMEs in more than 50 countries and over 20 industries. The invaluable assistance and financial freedom they help to provide, with the backing of several large investing partners, has changed the course of the future for all their clients.  

Those who are looking to invest can also join this platform to help provide the backing for these invoices, reaping the financial benefits available through their investments. This network of investors and SMEs has created a mutually beneficial environment in which both sides can thrive.

Media Contact
Company Name: Incomlend
Contact Person: Federica D’Andrea
Email: Send Email
Country: United Arab Emirates
Website: https://www.incomlend.com/

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