1. What is Invoice Financing?
Invoice financing is a type of loan that relies on payment from invoices due as a source of repayment for the loan. As the loan becomes due, the Payor settles the invoices to Borrower and Borrower in turn repays Investor/Lender for principal and interest. Note: The maximum loan amount is capped at 80% of invoice value.
2. Can Borrower use all types of invoices as a collateral?
We prioritize invoices from large companies, for instance multinational firms, institutions listed on stock exchanges, or government agencies. Investree will assess and select the appropriate invoice base on our modern credit-scoring system before offering loan to registered Investors/Lenders.
3. What if my Payor fails to settle its invoice?
Should you obtain financing through the Investree, yet your Payor has not settled its invoice, you are nevertheless contractually bound to repay the loan outstanding that includes loan principal and interest to your Investors/Lenders.
4. How much interest rate charged for a loan?
Interest rates charged will depend on the specific loan profile and defined on case-by-case basis and are set based on the credit assessment process conducted by Investree.
5. How are the principal loan value and tenor determined?
Investree will facilitate loans worth a maximum of 80% of the value of the invoice, or a maximum of THB 5,000,000 for each invoice.
The term of the loan will be aligned with the invoice's due date with consideration by Investree.
6. When can I obtain and use the proceeds of my loan?
The process of assessment, selection and approval by Investree will take a maximum of 3 working days after all document requirements are completed, followed by the 14 day offer period on the marketplace. If before the 14 days 100% of the funds have been raised, the funds then can be immediately disbursed and transferred into your account.
7. Is there any assurance that loan offer that featured in the marketplace will be fully financed??
Investree does not guarantee that all loans offered in the marketplace will be fully financed. If the pledged amount remains below 60% target during the offering period, the Borrower is allowed to either cancel or extend the loan offering period.
8. What fees do I have to pay when applying for loans through Investree?
The fees charged are interest charges, administrative fees, and guarantee binding fees. All fees will be communicated to the Borrower meaning there are no hidden charges.