Pre-approved financing for Tee International’s SME Vendors
EXCLUSIVE SAVE 30% ON FIRST DISBURSEMENT FEE^
Tee International has partnered with Validus to unlock working capital in its supply chain. Suppliers, Contractors and Vendors can easily secure funds against their invoices or purchase orders to boost cash flow whenever required.
Cashflow-friendly financing solutions tailored for SMEs
Pre-approved for funds in 48 hours – quick application
Enjoy preferential interest rate and disbursement fee (no other charges)
Flexible, pay-per-use arrangement
No collateral required
How much can my business borrow?
You may borrow up to SGD 500k. Loan amount, interest rates, and disbursement fee for any finance or loan request may vary and is subject to assessment by Validus Capital.
How does Invoice Financing work?
After invoicing their buyers, SMEs can submit their verified invoices to Validus. Once approved, Validus then disburses up to 80% of the invoice amount to the SME. After the buyer makes payment on the invoice due date, Validus will send the SME the balance amount, minus interest payable.
How do I apply? What documents are required?
It’s easy to get started, SMEs will simply need to send in a few documents to apply*
- Bank Statements (past 6 months)
- Financial Statement/ Management Account (past 1 year)
- Credit Bureau Statement (past 1 month) of Personal Guarantor(s)
- Notice of Assessment (past 1 year) of Personal Guarantor(s)
*Required application documents may vary on application based on the financing request
What are the interest rates and fees?
It can vary from 0.8% per month, depending on the SME profile and credit analysis. Unlike banks and other financing companies, Validus only charges a one-time disbursement fee only (no additional nor hidden charges).
How soon can I receive funds?
Typically within 48 hours of your financing request being successfully funded on our platform, and you have signed off on the required transaction documents.
Please refer to our FAQs page if you have more questions.
Tee International has partnered with Validus to help SMEs in Singapore access funds easily and affordably. Tee International’s vendors, contractors and suppliers could be approved for up to $500,000 in as little as 48 hours.
We’ve funded over $550 million to SMEs, helping to accelerate their growth. But don’t take our word for it…take theirs instead.
Exclusive Offer Terms and Conditions
^SMEs who are financing with Validus for the first time can enjoy 30% off disbursement fee on their first Invoice Financing or Purchase Order Financing arrangement. This offer is only intended for Tee International’s vendors, contractors, and suppliers only, and ends 31 Dec 2020. *Pre-approved financing is only applicable to invoice and purchase orders to Tee International. Pre-approval on Purchase Order Financing (Disclosed) facilities will require Tee International to sign an NIP to redirect invoice(s) payment for goods and services by SME Borrower, to Validus Capital. Information provided is intended as a guide, and does not constitute a loan application or an oﬀer of ﬁnance. Loan amount and interest rates will be based on lending criteria and may vary. Any ﬁnance or loan request is subject to assessment against Validus Capital’s lending criteria, standard disclaimers and terms and conditions. Validus Capital reserves the right to update the information without prior notice.