How can a construction subcontractor or supplier get financing?

Subcontractors and construction suppliers often wait on billings and post-dated checks. PO financing, invoice factoring and check rediscounting can turn those into working capital. Datung offers all three to established businesses. Subject to credit approval.

Financing that can fit

PO financing

Funds to buy the goods for a confirmed customer order, so you can say yes to the big one.

Invoice factoring

Get cash for invoices you've already issued, instead of waiting for your customers to pay.

Check rediscounting

Turn your customers' post-dated checks into cash now, instead of waiting for them to clear.

What we look at

• Your latest bank statements and how cash moves through the business
• What the money is for, and how it helps the business earn
• Whether the repayments fit your cash flow
• What our credit officer sees at the business visit

What you need to apply

To apply for a business loan, you need 1 valid ID and your last 3 months of bank or GCash statements.

Business loan pre-approval is usually within about 1 hour of complete documents, during business hours. This is an aim, not a guarantee.

Questions

What are the requirements?

To apply for a business loan, you need 1 valid ID and your last 3 months of bank or GCash statements.

Do you visit the business?

A credit officer reviews it, visits your business after pre-approval, and gives you a final answer.

How much does it cost?

The interest rate and all charges are disclosed in full before you sign. Datung never asks for any fee or payment before your loan is released.

Dark Knight Lending, Inc. (DBA Datung) is a subsidiary of Datung Pte. Ltd., Singapore. SEC Reg. No. 2024070157507-01, Certificate of Authority No. 3506. Contact: sales@datung.io · Company facts · Business financing by purpose