Receivables Discounting
Convert receivables such as outstanding invoices, billings,
corporate post-dated checks, or contracts to operating cash
Receivables Discounting
Convert receivables such as outstanding invoices, billings,
corporate post-dated checks, or contracts to operating cash
Introducing ULoan’s Receivables Discounting
Receivables Discounting is a financing option that allows businesses to receive immediate cash for their outstanding invoices. This process involves selling your unpaid invoices to a lender or financial institution at a discount in exchange for immediate cash. The lender then collects the full amount owed from your customers when the invoice is due.
This financing option can be particularly useful for businesses that have a lot of outstanding invoices and need cash quickly to cover expenses or invest in growth. By selling your invoices to a lender, you can improve your cash flow and avoid the wait for your customers to pay their invoices.
At ULoan Business, we offer Discounting of Receivables ranging from PHP5M to PHP10M with terms of 30, 60, 90, and 120 days. See more information below.
Competitive Interest Rates
Flexible Funding
Transparent Fees
Loan Overview
Loanable Amount
PHP 5,000,000 to
PHP 10,000,000
Payment Terms
30, 60, 90, and 120 days
Interest Rate
12% to 15% per annum (if secured) or 18% to 24% per annum (if unsecured)
Eligibility Requirements
- Borrower must have an existing business operating for at least three (3) years.
- Borrower must have an active checking account for at least six (6) months
- Borrower must have a Financial Statement (FS) for the past two years
- Business must be registered with DTI or SEC
- Business must be located and operating within the following areas:
- Metro Manila
- Batangas
- Laguna
- Cavite
- Rizal
- Pampanga
- Bulacan
- Borrower’s average monthly gross sales is at least PHP 1,000,000
- Borrower’s credit ratio is not higher than 50%