Pros
- Long established leading global assets backed vendor financing solution provider. - -- Well represented globally, covering more than 30 countries worldwide. Key end customers are mostly top 5-10 manufacturers/resellers in Construction, Information Communication Technologies, Healthcare, Food, and Agricultures & Clean Tech in their respective domains. - The country is well supported by regional commercial leaders from respective business units. - Flexible and reasonable turnaround time for each credit application
Cons
- Lean team and organization structure which limit growth opportunity locally. - Vendor-centric, hence is restrictive in dealing with direct end customers - Revenue growth performance is very much dependent on existing vendors' sales performance and the rate of onboarding new vendors. - Credit concentration risk is inevitable given there are only a handful of key global vendors in Singapore. These credit facilities granted to key vendors are shared globally. - Limited allocation of resources for small country like Singapore