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 invest with Culum Capital?
At the moment, Culum Capital only accepts accredited investor or institutional investor as defined in Section 4A(1)(a) and Section 4A(1)(c) of the Securities and Futures Act (Cap. 289).
How do investors sign up?
Investors may sign up with us in four easy steps:
- Contact us to let us know you wish to create an account.
- Our team confirms your request to begin the onboarding process.
- Execute the necessary legal agreements
- Fund your investment account
Onboarding is usually finished within two to three working days upon receipt of all required documentation.
What is the minimum investment amount?
The minimum investment amount is $ 80,000.
What is the minimum investment amount per deal?
The investors are allowed to buy just a fraction of a deal, with minimum investment of $ 1,000 per deal. This will allow investors to diversify their portfolio risk.
Who manages investors’ funds?
Investors’ funds are held with our independent escrow agent, Vistra Trust (Singapore) Pte Limited (“Vistra”). Vistra is a regulated trust company by Monetary Authority of Singapore (MAS) and we are leveraging on their experience in the escrow service.
What are the expected return?
Based on Culum Capital’s recommended discount rate, the potential gross return an investor can make from their investment ranges from 6% to 20% pa depending on obligor risk and availability of credit insurance.
However, investor’s return depends on investor’s risk profile, the deployment rate and the default rate. Culum Capital does not guarantee any positive return and investors may lose some or all of their capital.
When do investors get their gains and principal back?
Investors will receive their gains and principal when the deal is repaid by the obligor. The gains and principal amount will be credited to the investor’s investment account.
Are investor returns affected by late payments?
There is a minimum 30-days discount fee imposed on invoice sellers. Thereafter, discount is calculated on daily basis until payment is received.
How does Culum Capital deal with late payment?
Culum Capital acts as collection agent on behalf of investors. As we understand each case is unique, we have an experienced team to work closely with the obligors on best recovery solution.
All investors will be updated on progress of collection effort.
How do investor withdraw their funds?
You are free to withdraw any undeployed funds at any time by writing to us at investments@culumcapital.com.
Your withdrawal request will be processed within 48 hours.
What are the expected default rates?
The long-term default rate that we have seen in other matured market is expected to be between 3% to 5%.
Culum Capital is committed to focus on quality deals to minimise the potential default risk.
What fees do investors have to pay when investing with Culum Capital?
Investors only has to pay a performance fee of 25% of realised gains for their investment.
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 invest with Culum Capital?
At the moment, Culum Capital only accepts accredited investor or institutional investor as defined in Section 4A(1)(a) and Section 4A(1)(c) of the Securities and Futures Act (Cap. 289).
How do investors sign up?
Investors may sign up with us in four easy steps:
- Contact us to let us know you wish to create an account.
- Our team confirms your request to begin the onboarding process.
- Execute the necessary legal agreements
- Fund your investment account
Onboarding is usually finished within two to three working days upon receipt of all required documentation.
What is the minimum investment amount?
The minimum investment amount is $ 80,000.
What is the minimum investment amount per deal?
The investors are allowed to buy just a fraction of a deal, with minimum investment of $ 1,000 per deal. This will allow investors to diversify their portfolio risk.
Who manages investors’ funds?
Investors’ funds are held with our independent escrow agent, Vistra Trust (Singapore) Pte Limited (“Vistra”). Vistra is a regulated trust company by Monetary Authority of Singapore (MAS) and we are leveraging on their experience in the escrow service.
What are the expected return?
Based on Culum Capital’s recommended discount rate, the potential gross return an investor can make from their investment ranges from 6% to 20% pa depending on obligor risk and availability of credit insurance.
However, investor’s return depends on investor’s risk profile, the deployment rate and the default rate. Culum Capital does not guarantee any positive return and investors may lose some or all of their capital.
When do investors get their gains and principal back?
Investors will receive their gains and principal when the deal is repaid by the obligor. The gains and principal amount will be credited to the investor’s investment account.
Are investor returns affected by late payments?
There is a minimum 30-days discount fee imposed on invoice sellers. Thereafter, discount is calculated on daily basis until payment is received.
How does Culum Capital deal with late payment?
Culum Capital acts as collection agent on behalf of investors. As we understand each case is unique, we have an experienced team to work closely with the obligors on best recovery solution.
All investors will be updated on progress of collection effort.
How do investor withdraw their funds?
You are free to withdraw any undeployed funds at any time by writing to us at investments@culumcapital.com.
Your withdrawal request will be processed within 48 hours.
What are the expected default rates?
The long-term default rate that we have seen in other matured market is expected to be between 3% to 5%.
Culum Capital is committed to focus on quality deals to minimise the potential default risk.
What fees do investors have to pay when investing with Culum Capital?
Investors only has to pay a performance fee of 25% of realised gains for their investment.
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.