What Is Invoice Financing

Also known as accounts receivable financing, invoice financing is a financial service that allows businesses to borrow money against their outstanding invoices. This can provide quick access to cash, improve liquidity and support business operations.

How Does Invoice Financing Work?

Issue Invoices:

A business sells goods or services and issues invoices to its customers with payment terms (e.g. net 30 days, net 60 days).

Select Invoices for Financing:

The business selects specific invoices it wants to use for financing and submits them to Orpheus.

Advance Payment:

We provide an advance on the invoice amount, typically 70-80% of the invoice value. This provides immediate cash flow to the business.

Assignment Payment:

The business will assign the payment of invoice from client to Orpheus as the Financing Company, usually within the agreed-upon terms.

Final Settlement:

Once the client pays the invoice, we deduct your total financing inclusive of service fees and remit the remaining balance to the business.

Required Documents

Digital copy of all Director’s Identification Card (front + back view)
Latest 6 Months Business Account Statement
Invoice to client
The following documents need to be completed and uploaded to our platform :
- Joint and Several Guarantee – All Directors and Shareholders
- Director’s Resolution
- Letter of Assignment / Deed of Assignment

Terms of Financing

Margin of Financing: Up to 80% of invoice value
Financing Amount: From RM10,000 up to RM200,000
Tenor of Financing: Up to 90 days
Not involved with AMLA

Apply Online In 10 Steps

Register and verify your company account via email
Apply for SME Invoice Financing
Digitally upload your company information and documentation
Get deed of assignment signed by client
Confirmation of application from Orpheus within 24 hours

You will receive an email upon approval and are required to accept/decline the offer from the portal
Fill in the impact assessment page
Sign the Facility Agreement received via email
You will receive an email once funds are successfully disbursed
You’ve got your Invoice Financing!

Benefits of Invoice Financing

Improved Cash Flow:

Immediate access to funds otherwise tied up in unpaid invoices helps businesses manage cash flow and meet operational expenses.

Flexibility:

Unlike traditional loans, invoice financing can be used as needed, without long-term commitments or fixed repayment schedules.

Growth Support:

Businesses can leverage invoice financing to seize growth opportunities, such as taking on larger orders or expanding operations, without waiting for customer payments.

No Debt:

Since invoice financing is not a loan, it does not add debt to the business's balance sheet. It's essentially an advance on money already owed.

Maintaining Ownership:

Businesses can secure financing without giving up equity or ownership stakes. Invoice financing is based on the value of invoices, not the business itself.