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How To Apply for Financing

Rifco Asia Capital has many years of experience in the finance industry, and we are well equipped to take a lead role in organising any new finance or restructuring of existing finance that may be required.

With our extensive network of financiers and partners we will be able to assist you in funding your growth and turnaround strategy.

We will also work closely with your company’s management to restructure your finance facilities, if required. We are also able to assist with negotiations with financiers, suppliers and creditors as required.

Here is a detailed breakdown of what you will need to provide during the Financial Application process:

  1. Your NRIC copy (front & back);
  2. Past 2 years’ NOA (Notice of Assessment) which you can get at https://mytax.iras.gov.sg/ESVWeb/default.aspx ; or CPF statement (past 2 years transaction history);
  3. CBS dated within the last 15 days (A report can be purchased from https://www.creditbureau.com.sg/buy-my-credit-report.html); and
  4. PDF copy of last 6 months bank statements from your business bank account/accounts. In case there isn’t much activity and/or you don’t have a business bank account, please do attach your personal bank statements and/or payslips

Term Loan
Company Documents

  1. Past 6 months Bank Statements
  2. Past 2 years Audited Reports and Latest Management Accounts
  3. List of Banking Facilities or Loans
  4. Past 4 quarters GST Statements (if available)

Directors Documents

  1. Directors’ NRIC / Passport copies
  2. Directors’ Notice of Assessment for the past 2 years
  3. Directors’ Credit Bureau Singapore records to be obtained from https://www.creditbureau.com.sg/

Invoice Financing
Company Documents

  1. Past 6 months Bank Statements
  2. Past 2 years Audited Reports and Latest Management Accounts
  3. List of Banking Facilities or Loans
  4. AR/AP Aging
  5. Past 4 quarters GST Statements (if available)
  6. Invoices + Past invoices with DO and PO

Directors Documents

  1. Directors’ NRIC / Passport copies
  2. Directors’ Notice of Assessment for the past 2 years
  3. Directors’ Credit Bureau Singapore records to be obtained from https://www.creditbureau.com.sg/