Innovative Online Financing Platform in Thailand



Have you recently sold any goods or services to customers on credit in Thailand for which you issued an invoice? If so, the sale will only be effectively monetized once the invoice is paid by the customer. Depending on the agreed upon time-period, this could take up to 30, 60, or even 90 days! To relieve the stress of waiting, our invoice trading platform provides an easy-to-use factoring service across Thailand and the Asia-Pacific.

 
 

Example:

  • Buyer (debtor) purchases products, seller at the price of $100k with payment terms net 60
  • Seller discounts the invoice via Velotrade, receiving 80% advance
  • Investors in Velotrade promptly advance seller $80k cash, minus fee
  • In 60 days, debtor remits Velotrade the outstanding balance of $100k
  • Velotrade then pays seller the remaining balance of $20k minus financing costs

 
 
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What is the cost?

 



$ 100,000


60 Number of days
 


$ 79,000*


$ 19,211

 

* These amounts are for reference only. Actual amounts depend, among other things, on the creditworthiness of the debtor and the length of the commercial relationship. Please get in contact for more details

Our Advantage

Traditional Factoring/institutions:

  • Must factor all your sales ledgers
  • Threshold and volume requirements
  • Long waiting time for fund disbursement
  • Complex form filing process
  • Mandatory subscription to ancillary services
  • Long-term lock-in and various fees

Velotrade:

  • Only funds the invoices you select
  • No minimums, no hidden fees
  • Advance is generally distributed within hours
  • Online transaction management
  • No hard sell for other services
  • Facility available as long as you like, on demand

 

How to qualify?

You:
A registered company, in business for 12 months, generating a turnover of USD>1mln

Your buyer:
Stable credit history, in business for at least 3 years, with a minimum turnover of USD>20mln

 

Start to use receivables financing for your Thailand company


Quickly fulfil your financing with Velotrade. Secure your receivables and boost funding with a purchase from the investors on our platform. We are an independent working capital financing facilitator with the primary goal of helping you mitigate any credit risk to your business. With operations in Thailand and beyond, our system gives you access to a reliable stream of capital at the touch of a button.

If your business is feeling the strain that comes with imbalanced cash flow, we’re here to help. With no minimums and absolutely no hidden costs, advances distributed through our on-demand platform are usually processed within just a few hours.

Velotrade puts you in the ideal position to grow and expand your business. Getting started is simple - you can begin by clicking “Apply Now” to sign up. Once your application has been approved, you can start invoice factoring and discounting as soon as possible. Get your Thailand-based business back on track with the market’s easiest online invoicing platform now.

If you have any questions or queries, feel free to get in touch with our team. Either send us an email or give us a phone call to receive prompt assistance today!



Apply Now

Need more info?
Contact us or look here

Financing tomorrow

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Velotrade Management Limited
Room 24, Units 405‑414,
Level 4, Core E, Cyberport 3
100 Cyberport Road
Hong Kong

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T +66 2 0261677
E contacts@velotrade.com

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Please note that the products and any associated services mentioned on the Investor pages of the Velotrade website are only available to professional investors including regulated financial intermediaries such as banks and securities brokers, regulated insurance companies, government or public authorities, corporate treasurers and financial advisers, as defined in the Securities and Futures Ordinance, Hong Kong (“SFO”), Chapter 571.
Professional investors include:

  • A trust corporation having been entrusted under the trust or trusts of which it acts as a trustee with total assets of not less than HK$40,000,000;
  • any individual, either alone or with any of his associates on joint account, having an investment portfolio of not less than HK$8,000,000;
  • any corporation or partnership having a portfolio or not less than HK$8,000,000 or total assets of not less than HK$40,000,000; and
  • any corporation whose sole business is to hold investments and which is wholly owned by an individual who, either alone or with any of his associates on a joint account, has an investment portfolio of not less than HK$8,000,000.
  • Click here to download the relevant rule from the Department of Justice

    For the avoidance of doubt, such products and services are not available to retail investors.

    Please also note that the information contained within the Investor pages on this website is not intended to constitute an offer or solicitation in any jurisdiction. The onus is on all prospective investors to inform themselves of any applicable legal requirements, exchange control regulations and taxes in the countries of their citizenship, residence or domicile.
    Before acting on any information in this website, you should consider whether any investment, security or strategy is suitable for your particular circumstances and, if necessary, seek independent professional advice.


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