Supply chain financing platform

A supplier can sell its invoices to us at a discount as soon as the invoices are approved by their buyer.

Our Solution is Simple, to help both buyers and suppliers optimise their respective cashflow needs. We aim to achieve this by allowing buyers to maximise their payment period, while giving suppliers the immediate cashflow needed to keep their business running optimally.

With this flexible arrangement which puts both parties in a win-win situation, the productivity of their working capital increases and in turn allow them to have a reliable financial forecast.

 

Supply chain financing platform

A supplier can sell its invoices to us at a discount as soon as the invoices are approved by their buyer.

Our Solution is Simple; to help both buyers and suppliers optimise their respective cashflow needs. We aim to achieve this by allowing buyers to maximise their payment period, while giving suppliers the immediate cashflow needed to keep their business running optimally.

With this flexible arrangement which puts both parties in a win-win situation, the productivity of their working capital increases and in turn allow them to have a reliable financial forecast.

BUYER BENEFITS

BUYER BENEFITS

SUPPLIER BENEFITS

SUPPLIER BENEFITS

Detailed Process

Illustration on OFI’s process flow:

Example:
Greenwood Construction P/L “Greenwood” is a Buyer, and Starsun Building Material P/L “Starsun” is a Supplier.
Greenwood orders Granite stone product of $1,000,000 from Starsun.

1.Greenwood places the order from Starsun. Starsun issues a $1,000,000 invoice, with a payment credit term of 30 days.

2. Starsun sends the invoice to OFI for financing.

3. OFI sends the invoice to Greenwood for verification while Starsun arranges for the assignment of payment to OFI.

4. After Greenwood has acknowledged the payment assignment, OFI purchases the invoice at 90% and disburses the amount ($900,000) to Starsun within two working days. 


5. On due date, Greenwood makes the payment ($1,000,000) to OFI.

6. Transaction Completed.

Detailed Process

 

Illustration on OFI’s process flow:

Example:
Greenwood Construction P/L “Greenwood” is a Buyer, and Starsun Building Material P/L “Starsun” is a Supplier.
Greenwood orders Granite stone product of $1,000,000 from Starsun.

 

1.Greenwood places the order from Starsun. Starsun issues a $1,000,000 invoice, with a payment credit term of 30 days.

 

2. Starsun sends the invoice to OFI for financing.

 

3. OFI sends the invoice to Greenwood for verification while Starsun arranges for the assignment of payment to OFI.

 

 

4. After Greenwood has acknowledged the payment assignment, OFI purchases the invoice at 90% and disburses the amount ($900,000) to Starsun within two working days. 

 

5. On due date, Greenwood makes the payment ($1,000,000) to OFI.