DA / DP Purchase (Exports)

• Enhances cash flow while awaiting payment from your clients
• Improves your competitiveness by offering flexible payment options to your clients without affecting your cash flow
• Allows you to reinvest funds in your business before receiving payment from your sales
• Offers a simple and effective way to better control your finances and cash flow

Business operations can sometimes be held back while waiting for customers to make payments. To minimise the impact of receivables to your business, you can get funding immediately by having HSBC purchase your Documentary Collections.

With credit facility, a cash advance is provided against an expected payment from your buyer under Documents against Acceptance (DA) or Documents against Payment (DP) collections. When the bill is paid, we keep the proceeds to pay off the loan. As such, it is an ideal way for you to improve your cash flow.