Can I get financing while waiting for a government agency to pay?

Invoice factoring can give you funds against an invoice you've issued to a government agency or LGU while you wait to be paid, subject to review of the contract and the invoice. Datung reviews these for established suppliers. Subject to credit approval.

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

How it works with Datung

• You deliver goods and issue an invoice to your customer, on terms.
• You apply with Datung and share the invoices during review.
• If approved, you receive funds against those invoices instead of waiting for your customer to pay.
• Repayment is set out in your loan documents, which you see in full before you sign.

What we look at

• The invoices, and the customers who owe them
• How reliably those customers have paid you before
• Your latest bank statements
• 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 does Datung need to see?

To apply for a business loan, you need 1 valid ID and your last 3 months of bank or GCash statements. During review, we may ask to see the contract and the invoice.

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