About Incomlend

Incomlend operates a global invoice financing marketplace that enables SMEs to convert their export receivables into cash within 48 hours, providing access to non-recourse working capital from institutional investors. This platform addresses the cash flow challenges faced by businesses by allowing them to receive upfront payments for their invoices, thereby stabilizing their supply chains and enhancing operational efficiency.

```xml <problem> Small and medium-sized enterprises (SMEs) often face challenges in accessing working capital due to lengthy payment terms and limited access to traditional financing options. This can lead to cash flow bottlenecks, hindering their ability to fulfill orders, stabilize supply chains, and pursue growth opportunities in global trade. </problem> <solution> Incomlend provides a global invoice financing marketplace that connects SMEs with institutional investors to unlock working capital tied up in export receivables. The platform enables SMEs to convert approved invoices into cash within 48 hours, providing non-recourse financing to improve cash flow and mitigate risk. By offering upfront payments of up to 90% of the invoice amount, Incomlend helps SMEs stabilize their supply chains, improve payment terms, and optimize their working capital. The platform also provides investors with access to an alternative asset class with risk-adjusted returns through cross-border trade receivables. </solution> <features> - Online marketplace connecting SMEs with institutional investors for invoice financing - Non-recourse financing, protecting SMEs from buyer default - Upfront payments of up to 90% of the invoice amount - Financing available in 50+ countries and 20+ industries - Credit limit application and insurance on buyers - Digital document upload and assessment process - Integration with LC Lite for Web3 technology </features> <target_audience> The primary target audience includes SMEs engaged in international trade, specifically exporters and importers seeking to optimize working capital and mitigate payment risks, as well as institutional investors looking for alternative investment opportunities in trade finance. </target_audience> <revenue_model> Incomlend generates revenue through fees charged to SMEs for invoice financing services and fees charged to investors for access to the invoice financing marketplace. </revenue_model> ```

What does Incomlend do?

Where is Incomlend located?

Incomlend is based in Singapore, Singapore.

When was Incomlend founded?

Incomlend was founded in 2016.

How much funding has Incomlend raised?

Incomlend has raised 21820000.

Location

Singapore, Singapore

Founded

2016

Funding

21820000

Employees

34 employees

Major Investors

Peak XV Partners

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Incomlend

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Executive Summary

incomlend.com 20K+

Crunchbase

Founded 2016 – Singapore, Singapore

Funding

Estimated Funding

$20M+

Major Investors

Peak XV Partners

Team (30+)

No team information available.

Company Description

Problem

Small and medium-sized enterprises (SMEs) often face challenges in accessing working capital due to lengthy payment terms and limited access to traditional financing options. This can lead to cash flow bottlenecks, hindering their ability to fulfill orders, stabilize supply chains, and pursue growth opportunities in global trade.

Solution

Incomlend provides a global invoice financing marketplace that connects SMEs with institutional investors to unlock working capital tied up in export receivables. The platform enables SMEs to convert approved invoices into cash within 48 hours, providing non-recourse financing to improve cash flow and mitigate risk. By offering upfront payments of up to 90% of the invoice amount, Incomlend helps SMEs stabilize their supply chains, improve payment terms, and optimize their working capital. The platform also provides investors with access to an alternative asset class with risk-adjusted returns through cross-border trade receivables.

Features

Online marketplace connecting SMEs with institutional investors for invoice financing

Non-recourse financing, protecting SMEs from buyer default

Upfront payments of up to 90% of the invoice amount

Financing available in 50+ countries and 20+ industries

Credit limit application and insurance on buyers

Digital document upload and assessment process

Integration with LC Lite for Web3 technology

Target Audience

The primary target audience includes SMEs engaged in international trade, specifically exporters and importers seeking to optimize working capital and mitigate payment risks, as well as institutional investors looking for alternative investment opportunities in trade finance.

Revenue Model

Incomlend generates revenue through fees charged to SMEs for invoice financing services and fees charged to investors for access to the invoice financing marketplace.