First Trade Factoring (FTF) was established in 2011 with one goal in mind - to propel the growth of SMEs in Singapore. SMEs have always played a big part in Singapore's economy but still remain under served by the banks. As one of the fastest growing financial institution, the specialists at FTF has the expertise to facilitate growth for large corporations and small businesses alike.READ MORE
HOW IT WORKS
4 Steps Factoring Process
Submit certified true copies of invoices
and application form to FTF
FTF will notify your customer about the
factoring arrangement and change in
RECEIVE FUNDING THE
NEXT WORKING DAY
FTF will advance you up to 90% of the
YOUR CUSTOMER MAKES PAYMENT TO FTF
FTF will refund you the remaining 10%
of your invoice after
subtracting the factoring fees
How does invoice factoring work?
HOW MUCH DOES IT COST ?
WHAT OUR CLIENTS SAY
"I like how prompt and efficient FTF is when it comes to funding. Knowing that I can expect funding on the same day my invoices are submitted has relieved me of a lot of pressure to meet my dues and eliminated any uncertainties I used to face."
SCW ENGINEERING & AUTOMOTIVE (Engineering)
Working with First Trade Factoring (FTF) has relieved us of cash flow concerns, allowing us to grow exponentially at a faster rate. When it comes to funding, the team at FTF provides us with an unsurpassable level of service, flexibility and efficiency.
Factoring with FTF is one of the decisions I wish I'd made sooner.
HASK ENGINEERING & MANAGEMENT PTE LTD (Oil & Gas)
"FTF's flexibility in allowing us to factor only the invoices we choose to, when we wish to, without any long term contracts to tie us down has been beneficial for us to manage our costs."