Who is Culum Capital?
Culum Capital is a Singapore-based Supply Chain Financing platform. Our goal is to connect companies that need working capital funding with investors seeking alternative investment opportunities.
How do you evaluate the risk?
Our experienced credit team has developed a proprietary Credit Grading System (CGS) which will grade each transaction based on financial and non-financial parameters gathered through internal and external sources.
Why Singapore?
Culum Capital is formed by a team of experienced Singaporean and Singapore is recognised as one of the world’s leading economies, as shown by the following indicators from the Department of Statistics:
- A Gross Domestic Product of $391.3 billion
- A Per Capita Gross National Income of $69,283
- A +2.8% Year-on-Year Change in Unit Labour Cost Index (Overall Economy)
- $884.1 billion in Merchandise Trade
- $389.2 billion from Trade in Services
Singapore tops the World Bank’s Ease of Doing Business Index, and comes in second on the Global Competitive Index of the World Bank’s Economic Forum. The country is politically stable, advanced infrastructure, and is business-friendly with a favourable tax regime and a government that supports SMEs.
Who can raise working capital through Culum Capital?
- Businesses incorporated in Singapore
- Been operating for at least 1 year
- A minimum of 30% local shareholding with one local director
- A minimum turnover of SGD 500,000 or its equivalent
- An ongoing relationship with its customers
How do I apply?
- Contact us to let us know your wish to raise working capital
- Our team will conduct site visit and due diligence on your business
- Once approved, execute the necessary legal agreements
All businesses have to go through our KYC check, onboarding procedure and credit assessment. The process will take about 48 hours upon submission of all required information.
What are the fees that business owners have to pay?
Discount fee – the discount rate will depends on the deal structure and the risk grading of the deal
Origination fee – as low as 0.80% of the advanced amount per transaction
Is there any early repayment fee?
There is a minimum discount fee of 30 days. Rates will be pro-rated after the 30 days minimum should there be early repayment. However, should the payment is made after the first 30 days and before the expected payment date, there will be no early repayment fee.
What is the late fee or the overdue interest?
Any outstanding amount owing by the Seller to the Purchasing Investor, or to Culum Capital or to a service provider, shall be charged from the due date of such amount up to the Seller’s actual payment date, both days inclusive, at the rate of 8% per annum above the relevant Discount Rate or at 24% per annum if there is no such relevant Discount Rate.
How long does it take for a Borrower to receive funds after the invoices have been listed?
For existing Borrower & its Customer, if invoice is received in the morning (before 11am), disbursement can done by EOD. Provided:
1. All Documents are in order
2. Deal is fully subscribed by investors before the cut off time by Escrow Agent (230pm). With exception for eve of Public Holiday.
Who is Culum Capital?
Culum Capital is a Singapore-based Supply Chain Financing platform. Our goal is to connect companies that need working capital funding with investors seeking alternative investment opportunities.
How do you evaluate the risk?
Our experienced credit team has developed a proprietary Credit Grading System (CGS) which will grade each transaction based on financial and non-financial parameters gathered through internal and external sources.
Why Singapore?
Culum Capital is formed by a team of experienced Singaporean and Singapore is recognised as one of the world’s leading economies, as shown by the following indicators from the Department of Statistics:
- A Gross Domestic Product of $391.3 billion
- A Per Capita Gross National Income of $69,283
- A +2.8% Year-on-Year Change in Unit Labour Cost Index (Overall Economy)
- $884.1 billion in Merchandise Trade
- $389.2 billion from Trade in Services
Singapore tops the World Bank’s Ease of Doing Business Index, and comes in second on the Global Competitive Index of the World Bank’s Economic Forum. The country is politically stable, advanced infrastructure, and is business-friendly with a favourable tax regime and a government that supports SMEs.
Who can raise working capital through Culum Capital?
- Businesses incorporated in Singapore
- Been operating for at least 1 year
- A minimum of 30% local shareholding with one local director
- A minimum turnover of SGD 500,000 or its equivalent
- An ongoing relationship with its customers
How do I apply?
- Contact us to let us know your wish to raise working capital
- Our team will conduct site visit and due diligence on your business
- Once approved, execute the necessary legal agreements
All businesses have to go through our KYC check, onboarding procedure and credit assessment. The process will take about 48 hours upon submission of all required information.
What are the fees that business owners have to pay?
Discount fee – the discount rate will depends on the deal structure and the risk grading of the deal
Origination fee – as low as 0.80% of the advanced amount per transaction
Is there any early repayment fee?
There is a minimum discount fee of 30 days. Rates will be pro-rated after the 30 days minimum should there be early repayment. However, should the payment is made after the first 30 days and before the expected payment date, there will be no early repayment fee.
What is the late fee or the overdue interest?
Any outstanding amount owing by the Seller to the Purchasing Investor, or to Culum Capital or to a service provider, shall be charged from the due date of such amount up to the Seller’s actual payment date, both days inclusive, at the rate of 8% per annum above the relevant Discount Rate or at 24% per annum if there is no such relevant Discount Rate.
How long does it take for a Borrower to receive funds after the invoices have been listed?
For existing Borrower & its Customer, if invoice is received in the morning (before 11am), disbursement can done by EOD. Provided:
1. All Documents are in order
2. Deal is fully subscribed by investors before the cut off time by Escrow Agent (230pm). With exception for eve of Public Holiday.