IFS Capital Limited (“IFS”), as a regional Group provides commercial finance services like factoring, hire-purchase/leasing, loans, government-assisted schemes and trade/export finance, to small and medium sized enterprises (“SMEs”). The Group also provides bonds and guarantees, credit insurance and general insurance through its wholly-owned subsidiary, ECICS Limited.
IFS was incorporated in Singapore in 1987 and has been listed on the Mainboard of the Singapore Exchange since July 1993.
Our Value Propositions
- Our core strength is in factoring and our debt collection systems are well-established with many clients and customers accumulated over years of operations.
- Our range of services for SMEs is wide and covers trade finance like LC/TR as well as various loan types like hire-purchase, working capital financing, project financing and term loans for purchase of machinery, equipment, vessels, factories etc.
- We have the capacity to provide cross border facilities through our subsidiaries in Thailand, Malaysia and Indonesia. By providing these facilities in the domestic currencies, clients avoid the need to hedge against a controlled currency which is difficult in these countries due to exchange controls.
- Our Group also includes our wholly-owned subsidiary ECICS Limited with businesses in bonds and guarantees, credit insurance and general insurance. As a result, we are able to cater for a wider range of services for the SME market than the average SME financier.