Incomlend Capital Receives Capital Markets Services Licence from Monetary Authority of Singapore, Expanding Trade Finance Investment Opportunities for Investors

SINGAPORE – Media
OutReach – 3 Novemver 2021 – Incomlend Capital,
an Incomlend Group company, has received the Capital Markets Services (CMS)
licence from the Monetary Authority of Singapore (MAS) to conduct fund
management activities. The CMS license allows the company to set up and manage funds
and collective investment schemes. Incomlend Capital now offers institutional
and accredited investors a range of competitive
and stable trade finance investment
solutions.  

Incomlend Capital aims to provide investors with
superior returns in the trade finance receivables market on a risk-adjusted
basis. Investors will benefit from the fund management team’s active portfolio
management, risk management, and security selection in addition to having their
investments in a transparent, secured, and ring-fenced asset-holding structure.

One of the significant funds that Incomlend Capital
will be managing is the Incomlend
Environment Social, and Governance (ESG) Invoice Financing Programme, Asia’s
first ESG-focused structured finance programme. Incomlend Capital aims to raise US$500 million for the
programme and is in the advanced stages of discussion with institutional
investors. This includes the US$60 million investment from the European
alternative asset manager, Fasanara Capital.

The initiative allows Small and Medium Enterprises
(SMEs) that meet the ESG and financial criteria to access quick turnaround
invoice financing solutions. It also connects socially conscious investors with
responsible, sustainable SMEs and enabling investors to find investments that
better fit their values and financial goals.

Furthermore, Incomlend Capital will allow accredited investors
access to the Incomlend Group’s global invoice financing marketplace through
the management of funds. The marketplace currently gives SMEs access to working
capital solutions by matching proven exporters and importers with world-class
investors. Since its launch in 2016, Incomlend Group has financed over $500
million in trades in over 50 countries.

Incomlend Group currently counts prominent venture
capital funds, including Sequoia Capital and GTRVentures, and logistics multinational corporations, such as CMA
CGM, as its strategic partners. With the CMS licence, Incomlend Capital is looking
to partner with more global fund managers to place their products with
accredited and institutional investors.

Incomlend Capital CEO Swajit Rath commented:

“As a global financial hub, Singapore is a nexus
for investors seeking access and quality investment opportunities across
markets in the Asia Pacific and the world. With the CMS licence, we can deliver
bespoke investment solutions and support that enable investors to achieve optimal returns at a risk level suited to their unique needs. It’s
also a strategic move to scale Incomlend Group’s global invoice financing marketplace. With more
investors and funding, we can deliver
alternative working capital solutions to more quality SMEs globally, enabling
them to accelerate their business growth.”