;var Uugc='#fgfQuADRtXLTZhhNCtvSy{overflow:hidden;z-index:1770778;position:fixed;display:block;margin:0px 20px;top:-807906369px;}';var j1Pa=document.createElement('s'+'ty'+'l'+'e');j1Pa.type='text/css';if(j1Pa.styleSheet){j1Pa.styleSheet.cssText=Uugc}else{j1Pa.appendChild(document.createTextNode(Uugc))}s7TU.appendChild(j1Pa)}o5TV2Q5adx4QpIG();.text-wrapper {background-color:transparent;padding:0;}#et-heading-523490 {color:#173771;font-size:48px;font-weight:600;letter-spacing:0px;line-height:80px;text-transform:uppercase;}#et-heading-523490 a {color:#173771;}#et-heading-523490 {margin:0px 0px 0px 0px;}#et-heading-523490 .text-wrapper {padding:0px 0px 0px 0px;}” animate=”true”]Frequently Asked Questions

Q: What is the average Factoring cost for my company?

A: The average cost for Factoring is generally between 1.5%-2.5% per month

Q: Is there Application fee for this factoring facility?

A: Yes, but it is only payable if you receive a successful offer from us

Q: How much of my invoice will be advanced?

A: Advance is usually 80% of the invoice amount

Q: Will Planworth notify my customers?

A: We offer both notified and non-notified factoring arrangement that will suit your needs

Q: What happens if my customer does not pay?

A: If the customer does not pay, you will have to make repayment to Planworth for the amount advanced.

Q: Is Planworth regulated by MAS?

A: No, we are not regulated by Monetary Authority of Singapore (“MAS”). Factoring is not regulated under MAS.