[{"data":1,"prerenderedAt":2455},["ShallowReactive",2],{"cms-ui-strings":3,"cms-site-settings":134,"cms-navigation":284,"cms-blog-post-template":1064,"cms-blog-post-latest":1124,"sanity-Axa4MNZDdvTOUjRGUTZfbCDRv3q3ekK9UVNaG0e7ePY":1163},{"_createdAt":4,"_id":5,"_rev":6,"_type":7,"_updatedAt":8,"allProvidersLabel":9,"announcementDismissLabel":10,"backToBlogLabel":11,"backToCaseStudiesLabel":12,"backToDownloadsLabel":13,"backToPartnerCaseStudiesLabel":14,"blogFaqLabel":15,"blogSearchPlaceholder":16,"blogSourcesLabel":17,"blogSummaryLabel":18,"brandHomeLabel":19,"breadcrumbBlogLabel":20,"breadcrumbCompareLabel":21,"breadcrumbHomeLabel":22,"breadcrumbNavigationLabel":23,"caseStudiesLabel":24,"caseStudyApproachLabel":25,"caseStudyBeforeAndAfterSectionLabel":26,"caseStudyChallengeLabel":27,"caseStudyClientLabel":28,"caseStudyCompanyInfoSectionLabel":29,"caseStudyCompanySizeLabel":30,"caseStudyCountryLabel":31,"caseStudyFocusLabel":32,"caseStudyFoundedLabel":33,"caseStudyFounderLabel":34,"caseStudyIndustryLabel":35,"caseStudySavePerYearSectionLabel":36,"caseStudySearchPlaceholder":16,"caseStudyWebsiteLabel":37,"comingSoonLabel":38,"copyLinkLabel":39,"dataProtectionLabel":40,"downloadButtonLabel":41,"downloadSearchPlaceholder":16,"downloadsLabel":42,"emailPlaceholder":43,"errorPageBody":44,"errorPageBusinessAccountLabel":45,"errorPageCorporateCardLabel":46,"errorPageDestinationsHeading":47,"errorPageExpenseManagementLabel":48,"errorPageGlobalPaymentsLabel":49,"errorPageHeading":50,"errorPageHelpCentreLabel":51,"errorPageHomeLabel":52,"errorPageSupportBody":53,"errorPageSupportHeading":54,"errorPageSupportLinkLabel":55,"errorPageYieldLabel":56,"formErrorMessage":57,"formInvalidEmailMessage":58,"formInvalidPhoneMessage":59,"formInvalidUrlMessage":60,"formRequiredFieldMessage":61,"formSubmitLabel":62,"formSuccessMessage":63,"fxCurrencySearchPlaceholder":64,"fxNoConversionLabel":65,"fxNoFeeLabel":66,"fxQuoteErrorMessage":67,"fxSourceCurrencySelectorLabel":68,"fxTargetCurrencySelectorLabel":69,"goToSlideLabel":70,"includedLabel":71,"languageHeading":72,"latestArticlesLabel":73,"launchpadBusinessLocationLabel":74,"launchpadCompanySizeLabel":75,"launchpadFoundedLabel":76,"launchpadGateDismissLabel":77,"launchpadHeadquarterLabel":78,"launchpadIndustryLabel":35,"learnMoreLabel":79,"legalEffectiveFromLabel":80,"legalLastUpdatedLabel":81,"loadMoreLabel":82,"mainNavigationLabel":83,"market":84,"marketNames":85,"mostPopularLabel":101,"nextSlideLabel":102,"notIncludedLabel":103,"openAccountLabel":104,"optionsLabel":105,"partnerCaseStudiesLabel":106,"previousSlideLabel":107,"pricingFirstPlanFeaturesLabel":108,"pricingUpgradePlanFeaturesLabel":109,"ratingLabel":110,"readCaseStudyLabel":111,"readingTimeLabel":112,"recommendedLabel":113,"regionHeading":114,"regionSelectorLabel":115,"rewardExpandLabel":116,"rewardSearchPlaceholder":16,"savedPerYearLabel":117,"shareOnFacebookLabel":118,"shareOnLinkedinLabel":119,"shareOnXLabel":120,"sharePostLabel":121,"supportedByLabel":122,"tableOfContentsLabel":123,"titleBrandSuffix":124,"toggleMenuLabel":125,"vcAmbassadorInvitationLabel":126,"videoMuteLabel":127,"videoPauseLabel":128,"videoPlayLabel":129,"videoSeekLabel":130,"videoSoundPrompt":131,"videoUnmuteLabel":132,"viewAllCategoriesLabel":133,"viewAllProductsLabel":133},"2026-07-29T13:25:51Z","uiStrings-SG","MmHbXlH1BZkVyZmjxBeJBS","uiStrings","2026-09-25T05:24:47Z","All","Dismiss announcement","Back to Blog","Back to Customer Stories","Back to downloads","Back to Partner Stories","Frequently Asked Questions","Search","Sources","Summary","Aspire home","Blog","Compare","Home","Breadcrumb","Customer Stories","After Aspire","Before and after Aspire","Before Aspire","Company","Company info","Company size","Country","Case study focus","Founded","Founder","Industry","Save per year","Website","Coming soon","Copy link","If you wish to discuss data protection matters, please contact our Data Protection Officer at","Download now","Downloads","Enter your work email","The page you're looking for doesn't exist or has moved. Let's get you back on track.","Business accounts","Corporate cards","Popular destinations","Expense management","FX and payments","Page not found","Help centre","Back to homepage","Explore our Help Centre for detailed guides, step-by-step instructions, and more support topics.","Not finding what you need?","Go to Help Centre","Yield","Oops! Something went wrong while submitting the form.","Email must be formatted correctly.","Please enter a valid phone number.","Please enter a valid website address.","Please complete this required field.","Get started","Thank you! Your submission has been received!","Search by currency, country or code","No conversion","No fee","We could not get a rate just now. Please try again.","Choose the currency you send","Choose the currency the recipient gets","Go to slide {index}","Included","Language","Latest articles","Business locations","Company Size","Founded in","Close","Headquarter","Learn more","Effective from","Last updated","Load more","Main navigation","SG",[86,89,92,95,98],{"_key":84,"_type":87,"label":88,"market":84},"marketName","Singapore",{"_key":90,"_type":87,"label":91,"market":90},"US","United States",{"_key":93,"_type":87,"label":94,"market":93},"AU","Australia",{"_key":96,"_type":87,"label":97,"market":96},"HK","Hong Kong",{"_key":99,"_type":87,"label":100,"market":99},"NL","Netherlands","Most popular","Next","Not included","Open an Account","Options","Partner Stories","Previous","What you get","Everything in {planName}, plus","{rating} out of {max} stars","Read the case study","{minutes}min read","Recommended","Region","Change country\u002Fregion","More","Saved per year","Share on Facebook","Share on LinkedIn","Share on X","Share this post","Supported by","Table of contents","Aspire Singapore","Toggle menu","An exclusive invitation from {name}","Mute","Pause","Play","Seek","Click for sound","Unmute","View all",{"_createdAt":135,"_id":136,"_rev":137,"_type":138,"_updatedAt":139,"announcementBar":140,"baseUrl":147,"defaultSeo":148,"defaultSocialShareImageUrl":153,"footer":159,"footerLegalParagraphsRich":235,"market":84,"mobileApp":276,"siteName":282,"studioVersion":283},"2026-07-23T11:30:06Z","siteSettings-SG","MmHbXlH1BZkVyZmjxHk0Tp","siteSettings","2026-09-28T08:29:52Z",{"enabled":141,"link":142,"text":146},true,{"_type":143,"externalUrl":144,"label":79,"linkType":145},"link","\u002Fcashback","external","🔥 New: Earn 1.2% unlimited cashback on all corporate card spend.","https:\u002F\u002Faspireapp.com",{"_type":149,"metaDescription":150,"metaTitle":151,"noIndex":152},"seo","Multi-currency, multi-market, multi-time zone — Aspire does business like you do. Business accounts, corporate cards, FX, and expense management for 50,000+ businesses.","Aspire — The finance stack for global businesses",false,{"_type":154,"alternativeText":155,"height":156,"url":157,"width":158},"imageUrl","Aspire — the finance stack for global businesses",706,"https:\u002F\u002Fcdn.aspireapp.com\u002Fwebsites\u002Fimages\u002Fd1347741472288c47075d1ef60cdcf1d\u002F6a0172ace415cdbc01e0932d_home-01-p-1600.webp",1600,{"copyright":160,"dataProtectionEmail":161,"legalParagraphs":162,"legalParagraphsRich":167},"© 2026 Aspire FT Pte Ltd. All rights reserved.","singapore-dpo@aspireapp.com",[163,164,165,166],"Aspire FT Pte. Ltd. (\"Aspire\") has been granted a temporary exemption from holding a license under the Payment Services Act 2019 (as amended, \"PS Act\") for the provision of Account Issuance Service, Domestic Money Transfer Service, and E-money Issuance Service for a specified period. The exemption can be confirmed on the MAS website here.","Aspire has also been granted a temporary exemption from holding a license under the PS Act for a specified period for the provision of specified cross-border money transfer service caught under the expanded scope of the regulated activities. The expanded scope of regulated activities relates only to arranging for the transmission of money from any country or territory to another country or territory, where monies are not accepted or received in Singapore. The exemption can be confirmed on the MAS website here.","Aspire is not licensed, nor exempt, to provide cross-border money transfer service beyond the expanded scope described above, and consequently, this service is provided only by MAS licensed entities partnering with Aspire (\"Partners\"), subject to their own terms and conditions. All Aspire and Partners terms and conditions can be found here.","Yield is being provided by AFT SG 2 Pte Ltd (AFT) in Singapore. AFT is licensed under the Securities and Futures Act in respect of dealing in capital markets products (collective investment schemes) and providing custodial services.",[168,191,208,228],{"_key":169,"_type":170,"children":171,"markDefs":186,"style":190},"legal-0","block",[172,177,182],{"_key":173,"_type":174,"marks":175,"text":176},"legal-0-lead","span",[],"Aspire FT Pte. Ltd. (\"Aspire\") has been granted a temporary exemption from holding a license under the Payment Services Act 2019 (as amended, \"PS Act\") for the provision of Account Issuance Service, Domestic Money Transfer Service, and E-money Issuance Service for a specified period. The exemption can be confirmed on the MAS website ",{"_key":178,"_type":174,"marks":179,"text":181},"legal-0-link",[180],"link-0","here",{"_key":183,"_type":174,"marks":184,"text":185},"legal-0-tail",[],".",[187],{"_key":180,"_type":188,"externalUrl":189,"linkType":145},"linkAnnotation","https:\u002F\u002Fwww.mas.gov.sg\u002Fregulation\u002Fpayments\u002Fentities-that-have-notified-mas-pursuant-to-the-ps-esp-r","normal",{"_key":192,"_type":170,"children":193,"markDefs":205,"style":190},"legal-1",[194,198,202],{"_key":195,"_type":174,"marks":196,"text":197},"legal-1-lead",[],"Aspire has also been granted a temporary exemption from holding a license under the PS Act for a specified period for the provision of specified cross-border money transfer service caught under the expanded scope of the regulated activities. The expanded scope of regulated activities relates only to arranging for the transmission of money from any country or territory to another country or territory, where monies are not accepted or received in Singapore. The exemption can be confirmed on the MAS website ",{"_key":199,"_type":174,"marks":200,"text":181},"legal-1-link",[201],"link-1",{"_key":203,"_type":174,"marks":204,"text":185},"legal-1-tail",[],[206],{"_key":201,"_type":188,"externalUrl":207,"linkType":145},"https:\u002F\u002Fwww.mas.gov.sg\u002Fregulation\u002Fpayments\u002Fentities-that-have-notified-mas-pursuant-to-ps-amend-act-2021-stpr",{"_key":209,"_type":170,"children":210,"markDefs":222,"style":190},"legal-2",[211,215,219],{"_key":212,"_type":174,"marks":213,"text":214},"legal-2-lead",[],"Aspire is not licensed, nor exempt, to provide cross-border money transfer service beyond the expanded scope described above, and consequently, this service is provided only by MAS licensed entities partnering with Aspire (\"Partners\"), subject to their own terms and conditions. All Aspire and Partners terms and conditions can be found ",{"_key":216,"_type":174,"marks":217,"text":181},"legal-2-link",[218],"link-2",{"_key":220,"_type":174,"marks":221,"text":185},"legal-2-tail",[],[223],{"_key":218,"_type":188,"internal":224,"linkType":227},{"_ref":225,"_type":226},"legalPage-SG-675927ebdab2bcd62c4742b8","reference","internal",{"_key":229,"_type":170,"children":230,"markDefs":234,"style":190},"legal-3",[231],{"_key":232,"_type":174,"marks":233,"text":166},"legal-3-text",[],[],[236,247,257,271],{"_key":169,"_type":170,"children":237,"markDefs":244,"style":190},[238,240,242],{"_key":173,"_type":174,"marks":239,"text":176},[],{"_key":178,"_type":174,"marks":241,"text":181},[180],{"_key":183,"_type":174,"marks":243,"text":185},[],[245],{"_key":180,"_type":188,"externalUrl":189,"internalTarget":246,"linkType":145},null,{"_key":192,"_type":170,"children":248,"markDefs":255,"style":190},[249,251,253],{"_key":195,"_type":174,"marks":250,"text":197},[],{"_key":199,"_type":174,"marks":252,"text":181},[201],{"_key":203,"_type":174,"marks":254,"text":185},[],[256],{"_key":201,"_type":188,"externalUrl":207,"internalTarget":246,"linkType":145},{"_key":209,"_type":170,"children":258,"markDefs":265,"style":190},[259,261,263],{"_key":212,"_type":174,"marks":260,"text":214},[],{"_key":216,"_type":174,"marks":262,"text":181},[218],{"_key":220,"_type":174,"marks":264,"text":185},[],[266],{"_key":218,"_type":188,"internal":267,"internalTarget":268,"linkType":227},{"_ref":225,"_type":226},{"_type":269,"slug":270},"legalPage","master-service-agreement",{"_key":229,"_type":170,"children":272,"markDefs":275,"style":190},[273],{"_key":232,"_type":174,"marks":274,"text":166},[],[],{"rating":277},{"count":278,"source":279,"sourceUrl":280,"value":281},122,"App Store","https:\u002F\u002Fapps.apple.com\u002Fsg\u002Fapp\u002Faspire-business-account-card\u002Fid1514566206",4.5,"Aspire","2026.10.1",{"_createdAt":285,"_id":286,"_rev":287,"_type":288,"_updatedAt":289,"footerGroups":290,"getStartedLink":662,"header":664,"loginLink":687,"market":84,"megaMenu":688},"2026-07-23T11:30:05Z","navigation-SG","xvArOttZSiiQLe4fJqKyas","navigation","2026-10-01T08:14:51Z",[291,331,363,423,513,555,614,639],{"_key":292,"_type":293,"links":294,"title":330},"footer-products","footerGroup",[295,303,309,316,323],{"_key":296,"_type":143,"internal":297,"internalTarget":299,"label":302,"linkType":227},"fp-1",{"_ref":298,"_type":226},"page-SG-business-account",{"_type":300,"slug":301},"page","business-account","Business Account",{"_key":304,"_type":143,"internal":305,"internalTarget":307,"label":56,"linkType":227},"fp-2",{"_ref":306,"_type":226},"page-SG-yield",{"_type":300,"slug":308},"yield",{"_key":310,"_type":143,"internal":311,"internalTarget":313,"label":315,"linkType":227},"fp-3",{"_ref":312,"_type":226},"page-SG-expense-management",{"_type":300,"slug":314},"expense-management","Expense Management",{"_key":317,"_type":143,"internal":318,"internalTarget":320,"label":322,"linkType":227},"fp-4",{"_ref":319,"_type":226},"page-SG-corporate-card",{"_type":300,"slug":321},"corporate-card","Corporate Card",{"_key":324,"_type":143,"internal":325,"internalTarget":327,"label":329,"linkType":227},"fp-5",{"_ref":326,"_type":226},"page-SG-global-payments",{"_type":300,"slug":328},"global-payments","Global Payments","Products",{"_key":332,"_type":293,"links":333,"title":362},"footer-features",[334,341,348,355],{"_key":335,"_type":143,"internal":336,"internalTarget":338,"label":340,"linkType":227},"ff-2",{"_ref":337,"_type":226},"page-SG-bill-pay",{"_type":300,"slug":339},"bill-pay","Pay Bills",{"_key":342,"_type":143,"internal":343,"internalTarget":345,"label":347,"linkType":227},"ff-3",{"_ref":344,"_type":226},"page-SG-integrations",{"_type":300,"slug":346},"integrations","Automate Accounting",{"_key":349,"_type":143,"internal":350,"internalTarget":352,"label":354,"linkType":227},"ff-5",{"_ref":351,"_type":226},"page-SG-budgets",{"_type":300,"slug":353},"budgets","Budgets",{"_key":356,"_type":143,"internal":357,"internalTarget":359,"label":361,"linkType":227},"ff-8",{"_ref":358,"_type":226},"page-SG-invoice-management",{"_type":300,"slug":360},"invoice-management","Invoice Management","Features",{"_key":364,"_type":293,"links":365,"title":21},"footer-compare",[366,374,381,388,395,402,409,416],{"_key":367,"_type":143,"internal":368,"internalTarget":370,"label":373,"linkType":227},"fc-1",{"_ref":369,"_type":226},"comparison-SG-6a48c2ca930b76bea46e6992",{"_type":371,"slug":372},"comparison","aspire-vs-airwallex","Aspire vs Airwallex",{"_key":375,"_type":143,"internal":376,"internalTarget":378,"label":380,"linkType":227},"fc-2",{"_ref":377,"_type":226},"comparison-SG-6a48c2bc5c255cd6f776f619",{"_type":371,"slug":379},"aspire-vs-anext","Aspire vs ANEXT",{"_key":382,"_type":143,"internal":383,"internalTarget":385,"label":387,"linkType":227},"fc-3",{"_ref":384,"_type":226},"comparison-SG-aspire-vs-traditional-banks",{"_type":371,"slug":386},"aspire-vs-traditional-banks","Aspire vs Banks",{"_key":389,"_type":143,"internal":390,"internalTarget":392,"label":394,"linkType":227},"fc-4",{"_ref":391,"_type":226},"comparison-SG-6a48c2c27b53afca3f2e5281",{"_type":371,"slug":393},"aspire-business-account-vs-ocbc-business-growth-account-singapore","Aspire vs OCBC",{"_key":396,"_type":143,"internal":397,"internalTarget":399,"label":401,"linkType":227},"fc-5",{"_ref":398,"_type":226},"comparison-SG-6a48c2cef9911194b9b6fd08",{"_type":371,"slug":400},"aspire-vs-revolut","Aspire vs Revolut",{"_key":403,"_type":143,"internal":404,"internalTarget":406,"label":408,"linkType":227},"fc-6",{"_ref":405,"_type":226},"comparison-SG-6a48c2cbf9911194b9b6faa4",{"_type":371,"slug":407},"aspire-vs-wise","Aspire vs Wise",{"_key":410,"_type":143,"internal":411,"internalTarget":413,"label":415,"linkType":227},"fc-7",{"_ref":412,"_type":226},"comparison-SG-6a48c2ccb2f9af9cc29e7ec5",{"_type":371,"slug":414},"aspire-vs-youbiz","Aspire vs Youbiz",{"_key":417,"_type":143,"internal":418,"internalTarget":420,"label":422,"linkType":227},"fc-8",{"_ref":419,"_type":226},"comparison-SG-aspire-yield-vs-others",{"_type":371,"slug":421},"aspire-yield-vs-others","Aspire Yield vs Others",{"_key":424,"_type":293,"links":425,"title":512},"footer-business-tools",[426,433,440,447,454,458,462,469,476,484,491,498,505],{"_key":427,"_type":143,"internal":428,"internalTarget":430,"label":432,"linkType":227},"fr-7",{"_ref":429,"_type":226},"page-SG-calculator-amazon-seller-fees-calculator",{"_type":300,"slug":431},"calculator\u002Famazon-seller-fees-calculator","Amazon Fee Calculator",{"_key":434,"_type":143,"internal":435,"internalTarget":437,"label":439,"linkType":227},"fr-8",{"_ref":436,"_type":226},"page-SG-investor-list-south-east-asia",{"_type":300,"slug":438},"investor-list-south-east-asia","Investor Database",{"_key":441,"_type":143,"internal":442,"internalTarget":444,"label":446,"linkType":227},"fr-9",{"_ref":443,"_type":226},"page-SG-calculator-spend-management-calculator",{"_type":300,"slug":445},"calculator\u002Fspend-management-calculator","Spend Calculator",{"_key":448,"_type":143,"internal":449,"internalTarget":451,"label":453,"linkType":227},"fr-10",{"_ref":450,"_type":226},"page-SG-ssic-code-checker",{"_type":300,"slug":452},"ssic-code-checker","SSIC Code Lookup",{"_key":455,"_type":143,"externalUrl":456,"internalTarget":246,"label":457,"linkType":145},"fr-11","https:\u002F\u002Faspireapp.com\u002Fswift-code-checker","SWIFT Code Checker",{"_key":459,"_type":143,"externalUrl":460,"internalTarget":246,"label":461,"linkType":145},"fr-12","https:\u002F\u002Faspireapp.com\u002Fsme-grant-checker","Grant eligibility checker",{"_key":463,"_type":143,"internal":464,"internalTarget":466,"label":468,"linkType":227},"fr-13",{"_ref":465,"_type":226},"page-SG-calculator-business-loan-calculator-singapore",{"_type":300,"slug":467},"calculator\u002Fbusiness-loan-calculator-singapore","Business Loan Calculator",{"_key":470,"_type":143,"internal":471,"internalTarget":473,"label":475,"linkType":227},"fr-14",{"_ref":472,"_type":226},"page-SG-calculator-margin-calculator",{"_type":300,"slug":474},"calculator\u002Fmargin-calculator","Margin Calculator",{"_key":477,"_type":143,"internal":478,"internalTarget":480,"label":483,"linkType":227},"fr-15",{"_ref":479,"_type":226},"blogPost-SG-694eb114840789269183314e",{"_type":481,"slug":482},"blogPost","understanding-burn-rate","Burn Rate Calculator",{"_key":485,"_type":143,"internal":486,"internalTarget":488,"label":490,"linkType":227},"fbt-1",{"_ref":487,"_type":226},"page-SG-employer-cpf-contribution-calculator",{"_type":300,"slug":489},"employer-cpf-contribution-calculator","CPF Contribution Calculator",{"_key":492,"_type":143,"internal":493,"internalTarget":495,"label":497,"linkType":227},"fbt-2",{"_ref":494,"_type":226},"page-SG-gst-calculator-singapore",{"_type":300,"slug":496},"gst-calculator-singapore","Singapore GST Calculator",{"_key":499,"_type":143,"internal":500,"internalTarget":502,"label":504,"linkType":227},"fbt-3",{"_ref":501,"_type":226},"page-SG-business-budget-calculator",{"_type":300,"slug":503},"business-budget-calculator","Business Budget Calculator",{"_key":506,"_type":143,"internal":507,"internalTarget":509,"label":511,"linkType":227},"fbt-4",{"_ref":508,"_type":226},"page-SG-invoice-generator",{"_type":300,"slug":510},"invoice-generator","Invoice Generator","Business tools",{"_key":514,"_type":293,"links":515,"title":554},"footer-resources",[516,522,529,536,543,550],{"_key":517,"_type":143,"internal":518,"internalTarget":520,"label":20,"linkType":227},"fr-1",{"_ref":519,"_type":226},"page-SG-blog",{"_type":300,"slug":521},"blog",{"_key":523,"_type":143,"internal":524,"internalTarget":526,"label":528,"linkType":227},"fr-2",{"_ref":525,"_type":226},"page-SG-launchpad",{"_type":300,"slug":527},"launchpad","Aspire Launchpad",{"_key":530,"_type":143,"internal":531,"internalTarget":533,"label":535,"linkType":227},"fr-3",{"_ref":532,"_type":226},"page-SG-aspire-for-startups",{"_type":300,"slug":534},"aspire-for-startups","Aspire for Startups",{"_key":537,"_type":143,"internal":538,"internalTarget":540,"label":542,"linkType":227},"fr-4",{"_ref":539,"_type":226},"page-SG-case-studies",{"_type":300,"slug":541},"case-studies","Case Studies",{"_key":544,"_type":143,"internal":545,"internalTarget":547,"label":549,"linkType":227},"fr-5",{"_ref":546,"_type":226},"page-SG-partner-case-study",{"_type":300,"slug":548},"partner-case-study","Partner Case Studies",{"_key":551,"_type":143,"externalUrl":552,"internalTarget":246,"label":553,"linkType":145},"fr-6","https:\u002F\u002Fhelp.aspireapp.com\u002Fsg\u002Fen\u002F","FAQ","Resources",{"_key":556,"_type":293,"links":557,"title":28},"footer-company",[558,565,572,579,586,593,600,607],{"_key":559,"_type":143,"internal":560,"internalTarget":562,"label":564,"linkType":227},"fco-1",{"_ref":561,"_type":226},"page-SG-about-us",{"_type":300,"slug":563},"about-us","About Aspire",{"_key":566,"_type":143,"internal":567,"internalTarget":569,"label":571,"linkType":227},"fco-2",{"_ref":568,"_type":226},"page-SG-contact-us",{"_type":300,"slug":570},"contact-us","Contact Us",{"_key":573,"_type":143,"internal":574,"internalTarget":576,"label":578,"linkType":227},"fco-3",{"_ref":575,"_type":226},"page-SG-careers",{"_type":300,"slug":577},"careers","Careers",{"_key":580,"_type":143,"internal":581,"internalTarget":583,"label":585,"linkType":227},"fco-5",{"_ref":582,"_type":226},"page-SG-about-fraud-and-scam",{"_type":300,"slug":584},"about-fraud-and-scam","Learn About Fraud and Scams",{"_key":587,"_type":143,"internal":588,"internalTarget":590,"label":592,"linkType":227},"fco-6",{"_ref":589,"_type":226},"page-SG-newsroom",{"_type":300,"slug":591},"newsroom","Newsroom",{"_key":594,"_type":143,"internal":595,"internalTarget":597,"label":599,"linkType":227},"fco-7",{"_ref":596,"_type":226},"page-SG-partners",{"_type":300,"slug":598},"partners","Partner with Aspire",{"_key":601,"_type":143,"internal":602,"internalTarget":604,"label":606,"linkType":227},"fco-8",{"_ref":603,"_type":226},"page-SG-product-updates",{"_type":300,"slug":605},"product-updates","Product Updates",{"_key":608,"_type":143,"internal":609,"internalTarget":611,"label":613,"linkType":227},"fco-9",{"_ref":610,"_type":226},"page-SG-security-and-compliance",{"_type":300,"slug":612},"security-and-compliance","Security and Compliance",{"_key":615,"_type":293,"links":616,"title":638},"footer-use-case",[617,624,631],{"_key":618,"_type":143,"internal":619,"internalTarget":621,"label":623,"linkType":227},"fu-1",{"_ref":620,"_type":226},"page-SG-use-case-receive-revenue",{"_type":300,"slug":622},"use-case\u002Freceive-revenue","Receive Revenue",{"_key":625,"_type":143,"internal":626,"internalTarget":628,"label":630,"linkType":227},"fu-2",{"_ref":627,"_type":226},"page-SG-use-case-payroll",{"_type":300,"slug":629},"use-case\u002Fpayroll","Payroll",{"_key":632,"_type":143,"internal":633,"internalTarget":635,"label":637,"linkType":227},"fu-3",{"_ref":634,"_type":226},"page-SG-use-case-payments",{"_type":300,"slug":636},"use-case\u002Fpayments","Payments","Use Case",{"_key":640,"_type":293,"isLegal":141,"links":641,"title":661},"footer-legal",[642,649,654],{"_key":643,"_type":143,"internal":644,"internalTarget":646,"label":648,"linkType":227},"fl-1",{"_ref":645,"_type":226},"legalPage-SG-65a9e9bbd0bdabb429b1e156",{"_type":269,"slug":647},"privacy-policy","Privacy Policy",{"_key":650,"_type":143,"internal":651,"internalTarget":652,"label":653,"linkType":227},"fl-2",{"_ref":225,"_type":226},{"_type":269,"slug":270},"Terms of Service",{"_key":655,"_type":143,"internal":656,"internalTarget":658,"label":660,"linkType":227},"fl-3",{"_ref":657,"_type":226},"page-SG-complaints",{"_type":300,"slug":659},"complaints","Complaints Policy","Legal",{"_type":143,"externalUrl":663,"internalTarget":246,"label":62,"linkType":145},"https:\u002F\u002Fapp.aspireapp.com\u002Fregister\u002Fperson",[665,669,672,674,681,685],{"_key":666,"_type":143,"internalTarget":246,"label":667,"linkType":668},"nav-product","Product","none",{"_key":670,"_type":143,"internalTarget":246,"label":671,"linkType":668},"nav-solutions","Solutions",{"_key":673,"_type":143,"internalTarget":246,"label":554,"linkType":668},"nav-resources",{"_key":675,"_type":143,"internal":676,"internalTarget":678,"label":680,"linkType":227},"nav-pricing",{"_ref":677,"_type":226},"page-SG-pricing",{"_type":300,"slug":679},"pricing","Pricing",{"_key":682,"_type":143,"externalUrl":683,"internalTarget":246,"label":684,"linkType":145,"openInNewTab":141},"nav-login","https:\u002F\u002Fapp.aspireapp.com\u002Flogin","Login",{"_key":686,"_type":143,"externalUrl":663,"internalTarget":246,"label":62,"linkType":145,"openInNewTab":141},"nav-get-started",{"_type":143,"externalUrl":683,"internalTarget":246,"label":684,"linkType":145},[689,808,977],{"_key":690,"_type":691,"columns":692,"featured":796,"label":667},"mm-product","megaMenuPanel",[693,715,745,771],{"_key":694,"_type":695,"links":696,"title":302},"mm-product-account","megaMenuColumn",[697,704,710],{"_key":698,"_type":699,"link":700},"mm-p-multicurrency","megaMenuLink",{"_type":143,"internal":701,"internalTarget":702,"label":703,"linkType":227},{"_ref":298,"_type":226},{"_type":300,"slug":301},"Multi-Currency",{"_key":705,"_type":699,"link":706},"mm-p-cards",{"_type":143,"internal":707,"internalTarget":708,"label":709,"linkType":227},{"_ref":319,"_type":226},{"_type":300,"slug":321},"Smart Cards",{"_key":711,"_type":699,"link":712},"mm-p-yield",{"_type":143,"internal":713,"internalTarget":714,"label":56,"linkType":227},{"_ref":306,"_type":226},{"_type":300,"slug":308},{"_key":716,"_type":695,"links":717,"title":744},"mm-product-cfo",[718,723,729,735],{"_key":719,"_type":699,"link":720},"mm-p-expense",{"_type":143,"internal":721,"internalTarget":722,"label":315,"linkType":227},{"_ref":312,"_type":226},{"_type":300,"slug":314},{"_key":724,"_type":699,"link":725},"mm-p-budget",{"_type":143,"internal":726,"internalTarget":727,"label":728,"linkType":227},{"_ref":351,"_type":226},{"_type":300,"slug":353},"Budget Management",{"_key":730,"_type":699,"link":731},"mm-p-receivables",{"_type":143,"internal":732,"internalTarget":733,"label":734,"linkType":227},{"_ref":358,"_type":226},{"_type":300,"slug":360},"Accounts Receivable",{"_key":736,"_type":699,"badgeLabel":737,"link":738},"mm-p-procure-to-pay","NEW",{"_type":143,"internal":739,"internalTarget":741,"label":743,"linkType":227},{"_ref":740,"_type":226},"page-SG-procure-to-pay",{"_type":300,"slug":742},"procure-to-pay","Procure-to-pay","CFO Suite",{"_key":746,"_type":695,"badgeLabel":737,"links":747,"title":770},"mm-product-payroll",[748,754,762],{"_key":749,"_type":699,"link":750},"mm-p-payroll",{"_type":143,"internal":751,"internalTarget":752,"label":753,"linkType":227},{"_ref":627,"_type":226},{"_type":300,"slug":629},"Global Payroll",{"_key":755,"_type":699,"link":756},"mm-p-eor",{"_type":143,"internal":757,"internalTarget":759,"label":761,"linkType":227},{"_ref":758,"_type":226},"page-SG-employer-of-record",{"_type":300,"slug":760},"employer-of-record","Employer of Record",{"_key":763,"_type":699,"link":764},"mm-p-contractors",{"_type":143,"internal":765,"internalTarget":767,"label":769,"linkType":227},{"_ref":766,"_type":226},"page-SG-contractor-management-product",{"_type":300,"slug":768},"contractor-management-product","Contractors","Payroll & Hiring",{"_key":772,"_type":695,"links":773,"title":795},"mm-product-platform",[774,779,787],{"_key":775,"_type":699,"link":776},"mm-p-payments",{"_type":143,"internal":777,"internalTarget":778,"label":329,"linkType":227},{"_ref":326,"_type":226},{"_type":300,"slug":328},{"_key":780,"_type":699,"link":781},"mm-p-issuance",{"_type":143,"internal":782,"internalTarget":784,"label":786,"linkType":227},{"_ref":783,"_type":226},"page-SG-issuance",{"_type":300,"slug":785},"issuance","Issuance",{"_key":788,"_type":699,"link":789},"mm-p-accounts",{"_type":143,"internal":790,"internalTarget":792,"label":794,"linkType":227},{"_ref":791,"_type":226},"page-SG-global-account",{"_type":300,"slug":793},"global-account","Global Accounts","Platform",{"body":797,"eyebrow":798,"heading":799,"image":800,"link":805},"For businesses with complex operations that need a relationship manager.","Updates","Pricing that fits your business",{"_type":154,"alternativeText":801,"height":802,"url":803,"width":804},"The Aspire team",607,"https:\u002F\u002Fcdn.aspireapp.com\u002Fwebsites\u002Fimages\u002Ff302d0af44c2c170a1f5c58beb11393e\u002F653f1ed2f29fc491d2cd5387_endowus.avif",1080,{"_type":143,"internal":806,"internalTarget":807,"label":799,"linkType":227},{"_ref":677,"_type":226},{"_type":300,"slug":679},{"_key":809,"_type":691,"columns":810,"featured":959,"label":671},"mm-solutions",[811,856,882,925],{"_key":812,"_type":695,"links":813,"title":855},"mm-solutions-industry",[814,823,831,839,847],{"_key":815,"_type":699,"link":816},"mm-s-consulting",{"_type":143,"internal":817,"internalTarget":819,"label":822,"linkType":227},{"_ref":818,"_type":226},"solution-SG-consulting",{"_type":820,"slug":821},"solution","consulting","Consulting",{"_key":824,"_type":699,"link":825},"mm-s-ecommerce",{"_type":143,"internal":826,"internalTarget":828,"label":830,"linkType":227},{"_ref":827,"_type":226},"solution-SG-ecommerce",{"_type":820,"slug":829},"ecommerce","eCommerce",{"_key":832,"_type":699,"link":833},"mm-s-agencies",{"_type":143,"internal":834,"internalTarget":836,"label":838,"linkType":227},{"_ref":835,"_type":226},"solution-SG-marketing-agencies",{"_type":820,"slug":837},"marketing-agencies","Marketing Agencies",{"_key":840,"_type":699,"link":841},"mm-s-vc",{"_type":143,"internal":842,"internalTarget":844,"label":846,"linkType":227},{"_ref":843,"_type":226},"solution-SG-vc-funds",{"_type":820,"slug":845},"vc-funds","VC & Investment Firms",{"_key":848,"_type":699,"link":849},"mm-s-web3",{"_type":143,"internal":850,"internalTarget":852,"label":854,"linkType":227},{"_ref":851,"_type":226},"solution-SG-web3",{"_type":820,"slug":853},"web3","Web3","By Industry",{"_key":857,"_type":695,"links":858,"title":881},"mm-solutions-size",[859,865,873],{"_key":860,"_type":699,"link":861},"mm-s-startups",{"_type":143,"internal":862,"internalTarget":863,"label":864,"linkType":227},{"_ref":532,"_type":226},{"_type":300,"slug":534},"Startups",{"_key":866,"_type":699,"link":867},"mm-s-sme",{"_type":143,"internal":868,"internalTarget":870,"label":872,"linkType":227},{"_ref":869,"_type":226},"solution-SG-sme",{"_type":820,"slug":871},"sme","SMEs",{"_key":874,"_type":699,"link":875},"mm-s-midsized",{"_type":143,"internal":876,"internalTarget":878,"label":880,"linkType":227},{"_ref":877,"_type":226},"solution-SG-mid-sized-companies",{"_type":820,"slug":879},"mid-sized-companies","Mid-Sized","By Company Size",{"_key":883,"_type":695,"links":884,"title":924},"mm-solutions-partner",[885,893,900,908,916],{"_key":886,"_type":699,"link":887},"mm-s-accountants",{"_type":143,"internal":888,"internalTarget":890,"label":892,"linkType":227},{"_ref":889,"_type":226},"page-SG-accountants",{"_type":300,"slug":891},"partners\u002Faccountants","Accountants",{"_key":894,"_type":699,"link":895},"mm-s-partner-ecommerce",{"_type":143,"internal":896,"internalTarget":898,"label":830,"linkType":227},{"_ref":897,"_type":226},"page-SG-ecommerce",{"_type":300,"slug":899},"partners\u002Fecommerce",{"_key":901,"_type":699,"link":902},"mm-s-corpsec",{"_type":143,"internal":903,"internalTarget":905,"label":907,"linkType":227},{"_ref":904,"_type":226},"page-SG-corpsec",{"_type":300,"slug":906},"partners\u002Fcorpsec","CorpSec",{"_key":909,"_type":699,"link":910},"mm-s-incubators",{"_type":143,"internal":911,"internalTarget":913,"label":915,"linkType":227},{"_ref":912,"_type":226},"page-SG-vc-and-incubators",{"_type":300,"slug":914},"partners\u002Fvc-and-incubators","VC & Incubators",{"_key":917,"_type":699,"link":918},"mm-s-affiliates",{"_type":143,"internal":919,"internalTarget":921,"label":923,"linkType":227},{"_ref":920,"_type":226},"page-SG-aspire-affiliate-program",{"_type":300,"slug":922},"partners\u002Faspire-affiliate-program","Affiliates","By Partner",{"_key":926,"_type":695,"links":927,"title":958},"mm-solutions-connectivity",[928,936,942,950],{"_key":929,"_type":699,"link":930},"mm-s-connect",{"_type":143,"internal":931,"internalTarget":933,"label":935,"linkType":227},{"_ref":932,"_type":226},"page-SG-aspire-connect",{"_type":300,"slug":934},"aspire-connect","Aspire Connect",{"_key":937,"_type":699,"link":938},"mm-s-integrations",{"_type":143,"internal":939,"internalTarget":940,"label":941,"linkType":227},{"_ref":344,"_type":226},{"_type":300,"slug":346},"Integrations",{"_key":943,"_type":699,"link":944},"mm-s-api",{"_type":143,"internal":945,"internalTarget":947,"label":949,"linkType":227},{"_ref":946,"_type":226},"page-SG-api",{"_type":300,"slug":948},"api","API",{"_key":951,"_type":699,"badgeLabel":737,"link":952},"mm-s-mcp",{"_type":143,"internal":953,"internalTarget":955,"label":957,"linkType":227},{"_ref":954,"_type":226},"page-SG-mcp",{"_type":300,"slug":956},"mcp","MCP","Connectivity & AI",{"body":960,"eyebrow":961,"link":962,"logo":965,"person":970},"“Opening an Aspire account was pretty quick and more importantly painless... I appreciated the excellent service they provided through the whole process. Their online platform is very user-friendly and has some great features.”","Customer Testimonials",{"_type":143,"externalUrl":963,"internalTarget":246,"label":964,"linkType":145},"https:\u002F\u002Ftestimonial.to\u002Faspire-testimonials\u002Fall","View all testimonials",{"_type":154,"alternativeText":966,"height":967,"url":968,"width":969},"Tech In Asia",108,"https:\u002F\u002Fcdn.aspireapp.com\u002Fwebsites\u002Fimages\u002F2ff0ffa9ddde696666b9864ea7a4e8ad\u002F6967697bcce642d4aa1d7957_tech-in-asia-logo-600w.webp",600,{"image":971,"name":975,"role":976},{"_type":154,"alternativeText":972,"height":973,"url":974,"width":973},"Latha Natarajan, Finance Director at Tech In Asia",41,"https:\u002F\u002Fcdn.aspireapp.com\u002Fwebsites\u002Fimages\u002Ffe034d0bece564c2cd527bcd337b3806\u002F65a9ea853128c50ff747dae9_latha-natrajan-small.webp","Latha Natarajan","Finance Director at Tech In Asia",{"_key":978,"_type":691,"columns":979,"featured":1050,"label":554},"mm-resources",[980,1008,1028],{"_key":981,"_type":695,"links":982,"title":1007},"mm-resources-knowledge",[983,989,997,1002],{"_key":984,"_type":699,"link":985},"mm-r-blog",{"_type":143,"internal":986,"internalTarget":987,"label":988,"linkType":227},{"_ref":519,"_type":226},{"_type":300,"slug":521},"Blogs",{"_key":990,"_type":699,"link":991},"mm-r-reports",{"_type":143,"internal":992,"internalTarget":994,"label":996,"linkType":227},{"_ref":993,"_type":226},"page-SG-downloads",{"_type":300,"slug":995},"downloads","Reports & Insights",{"_key":998,"_type":699,"link":999},"mm-r-updates",{"_type":143,"internal":1000,"internalTarget":1001,"label":606,"linkType":227},{"_ref":603,"_type":226},{"_type":300,"slug":605},{"_key":1003,"_type":699,"link":1004},"mm-r-faqs",{"_type":143,"externalUrl":1005,"internalTarget":246,"label":1006,"linkType":145},"https:\u002F\u002Fhelp.aspireapp.com\u002Fsg\u002Fen","FAQs","Knowledge Hub",{"_key":1009,"_type":695,"links":1010,"title":1027},"mm-resources-benefits",[1011,1019],{"_key":1012,"_type":699,"link":1013},"mm-r-cashback",{"_type":143,"internal":1014,"internalTarget":1016,"label":1018,"linkType":227},{"_ref":1015,"_type":226},"page-SG-cashback",{"_type":300,"slug":1017},"cashback","Cashback",{"_key":1020,"_type":699,"link":1021},"mm-r-rewards",{"_type":143,"internal":1022,"internalTarget":1024,"label":1026,"linkType":227},{"_ref":1023,"_type":226},"page-SG-rewards",{"_type":300,"slug":1025},"rewards","Perks & Rewards","Benefits",{"_key":1029,"_type":695,"links":1030,"title":1049},"mm-resources-about",[1031,1036,1044],{"_key":1032,"_type":699,"link":1033},"mm-r-about",{"_type":143,"internal":1034,"internalTarget":1035,"label":564,"linkType":227},{"_ref":561,"_type":226},{"_type":300,"slug":563},{"_key":1037,"_type":699,"link":1038},"mm-r-compare",{"_type":143,"internal":1039,"internalTarget":1041,"label":1043,"linkType":227},{"_ref":1040,"_type":226},"blogPost-SG-65a9e9bbd0bdabb429b1e29f",{"_type":481,"slug":1042},"comparing-the-best-business-bank-accounts-in-singapore","Aspire vs Others",{"_key":1045,"_type":699,"link":1046},"mm-r-partner",{"_type":143,"internal":1047,"internalTarget":1048,"label":599,"linkType":227},{"_ref":596,"_type":226},{"_type":300,"slug":598},"About",{"body":1051,"eyebrow":542,"heading":1052,"image":1053,"link":1058},"How Zenyum mastered employee spending with Aspire Corporate Cards","Zenyum",{"_type":154,"alternativeText":1054,"height":1055,"url":1056,"width":1057},"Zenyum case study",630,"https:\u002F\u002Fcdn.aspireapp.com\u002Fwebsites\u002Fimages\u002F8cd9cb36660346c1a7800361ffa23ff2\u002F6a321ee064219f824ac470e4_zenyum.webp",1200,{"_type":143,"internal":1059,"internalTarget":1061,"label":111,"linkType":227},{"_ref":1060,"_type":226},"caseStudy-SG-667910e15a161403019bffeb",{"_type":1062,"slug":1063},"caseStudy","zenyum",{"_createdAt":1065,"_id":1066,"_rev":1067,"_type":1068,"_updatedAt":1069,"asideCta":1070,"bottomCta":1079,"disclaimer":1085,"market":84,"midCta":1114},"2026-08-07T16:36:45Z","blogPostTemplate-SG","s8k3pIFJmZrTtV5XljWRgT","blogPostTemplate","2026-10-01T04:56:31Z",{"heading":1071,"image":1072,"link":1077},"Open your business account with Aspire",{"_type":154,"alternativeText":1073,"height":1074,"url":1075,"width":1076},"The Aspire account dashboard open on a laptop",200,"https:\u002F\u002Fcdn.aspireapp.com\u002Fwebsites\u002Fimages\u002Fc76545453549b9687122cd1c3bcbf74c\u002F6a5d107fcd56089dc7cbd4e7_Frame-1707480717.png",305,{"_type":143,"externalUrl":663,"label":1078,"linkType":145},"Start now",{"body":1080,"heading":1081,"link":1082},"Open your free account","Start your journey with Aspire",{"_type":143,"externalUrl":1083,"label":1084,"linkType":145},"\u002Ftalk-to-sales","Talk to Sales",[1086],{"_key":1087,"_type":170,"children":1088,"markDefs":1109,"style":190},"ef8e67a8-f55",[1089,1093,1097,1101,1105],{"_key":1090,"_type":174,"marks":1091,"text":1092},"f3f2e6b0-2af",[],"This blog is for general information only and does not constitute financial, legal, tax, or professional advice. Aspire’s services are subject to the terms outlined in our '",{"_key":1094,"_type":174,"marks":1095,"text":653},"3d14a735-e06",[1096],"a6912ed5-4b2",{"_key":1098,"_type":174,"marks":1099,"text":1100},"34cbb81c-fdb",[],"' and '",{"_key":1102,"_type":174,"marks":1103,"text":680},"0dadbe23-634",[1104],"4b7ecead-82d",{"_key":1106,"_type":174,"marks":1107,"text":1108},"05a9a450-8c7",[],"' pages. We make no guarantees as to the accuracy, completeness, or timeliness of the content, and past results do not indicate future performance. Always consult a qualified professional before acting on any information provided.",[1110,1112],{"_key":1096,"_type":188,"externalUrl":1111,"linkType":145},"\u002Ftnc\u002Fmaster-service-agreement",{"_key":1104,"_type":188,"externalUrl":1113,"linkType":145},"\u002Fpricing",{"body":1115,"eyebrow":528,"heading":1116,"image":1117,"link":1122},"Find out how Aspire can help you speed up your end-to-end finance processes from payments to expense management.","Supercharge your finance operations",{"_type":154,"alternativeText":1118,"height":1119,"url":1120,"width":1121},"A person working at a laptop with an open notebook beside them",1026,"https:\u002F\u002Fcdn.aspireapp.com\u002Fwebsites\u002Fimages\u002Fd84bbcbad1e6ba37331742538394d1b0\u002F69d5f2a347377654dbe286ac_blog-post-template-04-q70.webp",1048,{"_type":143,"externalUrl":1083,"label":1123,"linkType":145},"Talk to sales",[1125,1134,1145,1155],{"_id":1126,"category":1127,"coverImage":1128,"description":1131,"publishedAt":1132,"slug":1133,"title":1129},"blogPost-SG-6aa81a1539b471392a83d4cd",{"slug":591,"title":592},{"_type":154,"alternativeText":1129,"url":1130},"Aspire Launches Aspire Account-Opening Integration With Osome","https:\u002F\u002Fcdn.aspireapp.com\u002Fwebsites\u002Fimages\u002F4a31adfeaddefdf9b7f4ef5f566c00ad\u002F6aa81a1339b471392a83d438_Aspire-Osome.jpeg","Aspire and Osome partner to enable faster Business Account opening","2026-09-16T00:00:00.000Z","aspire-osome-account-opening-integration",{"_id":1135,"category":1136,"coverImage":1139,"description":1142,"publishedAt":1143,"slug":1144,"title":1140},"blogPost-SG-6a8c6a9a178cfe861275b350",{"slug":1137,"title":1138},"finance-tools","Finance Tools",{"_type":154,"alternativeText":1140,"url":1141},"Stripe payment processing for Singapore businesses: Setup, fees, and alternatives","https:\u002F\u002Fcdn.aspireapp.com\u002Fwebsites\u002Fimages\u002Fcb6607760ee020276ebb5087fbf64245\u002F6a8c6a98178cfe861275b2fb_EXPENSE-MGMT-49.jpeg","Learn how Stripe works in Singapore, how to set it up, fees and payouts, accepted payment methods, and options for growing businesses.","2026-09-09T00:00:00.000Z","stripe-payment-processing-singapore-businesses",{"_id":1146,"category":1147,"coverImage":1150,"description":1153,"publishedAt":1143,"slug":1154,"title":1151},"blogPost-SG-6a95a525d8f437f2334d1202",{"slug":1148,"title":1149},"business-advice","Business Advice",{"_type":154,"alternativeText":1151,"url":1152},"Payroll outsourcing in Singapore: What founders need to know","https:\u002F\u002Fcdn.aspireapp.com\u002Fwebsites\u002Fimages\u002F4ab5f167b1dd7ea6df896c17cf95674e\u002F6a95a521d8f437f2334d113d_PAYMENTS-14.jpeg","Learn about payroll outsourcing, including costs, services, benefits, risks, and how to choose the right provider for your business in Singapore.","payroll-outsourcing-singapore-explained",{"_id":1156,"category":1157,"coverImage":1158,"description":1161,"publishedAt":1143,"slug":1162,"title":1159},"blogPost-SG-6a95a538fb9a05eaf4b9774c",{"slug":1148,"title":1149},{"_type":154,"alternativeText":1159,"url":1160},"Global payroll outsourcing: How it works for Singapore businesses in 2026","https:\u002F\u002Fcdn.aspireapp.com\u002Fwebsites\u002Fimages\u002Fbe849a3e08f8d5d0a5bcbbffb5b2ba7b\u002F6a95a537fb9a05eaf4b97747_PAYMENTS-45.jpeg","Learn how global payroll outsourcing works for Singapore businesses, from local payroll requirements and compliance to EORs and choosing the right provider.","global-payroll-outsourcing",{"data":1164,"sourceMap":-1},{"_id":1165,"_updatedAt":1166,"alternates":1167,"areSourcesShown":141,"author":1169,"body":1178,"category":2289,"coverImage":2290,"excerpt":2293,"faq":246,"intro":2336,"isFaqShown":152,"isSummaryShown":141,"isVideoShown":152,"publishedAt":2355,"reviewer":246,"seo":2356,"slug":2360,"sources":2361,"title":2291,"video":246},"blogPost-SG-6a44cc4611d43f9eebcd8d20","2026-09-24T08:41:24Z",[1168],{"canonicalUrl":246,"isNoIndex":246,"language":246,"market":84,"pathPrefix":246},{"avatar":1170,"bio":1174,"doesServePage":141,"linkedinUrl":1175,"name":1171,"role":1176,"slug":1177,"twitterUrl":246},{"_type":154,"alternativeText":1171,"height":1172,"url":1173,"width":1172},"Bintang Lestada",400,"https:\u002F\u002Fcdn.aspireapp.com\u002Fwebsites\u002Fimages\u002Fa6164cd637e0a8e94f3e668ed9c1662f\u002F6a338b8dcdce1a7be82c0d58_bintang-lestada.webp","Bintang is a seasoned writer specialising in fintech, agtech, politics, and pop culture. With a writing history at VICE ASIA, Letterboxd, Whiteboard Journal and other reputable organisations, Bintang leverages their broad range of experiences to resources that educate audiences, build trust, and support business growth.","https:\u002F\u002Fwww.linkedin.com\u002Fin\u002Fbintanglestada\u002F","Writer","bintang-lestada",[1179,1188,1196,1204,1219,1231,1243,1251,1259,1267,1275,1287,1299,1311,1323,1335,1343,1351,1371,1387,1403,1415,1431,1443,1451,1459,1467,1774,1787,1795,1803,1811,1819,1827,1835,1847,1859,1871,1883,1895,1903,1911,1923,1935,1947,1959,1967,1975,1987,1999,2011,2023,2035,2043,2051,2067,2082,2094,2102,2110,2118,2169,2176,2185,2193,2201,2209,2217,2225,2233,2241,2249,2257,2265,2273,2281],{"_key":1180,"_type":170,"children":1181,"markDefs":1186,"style":1187},"k3",[1182],{"_key":1183,"_type":174,"marks":1184,"text":1185},"k2",[],"What is invoice discounting",[],"h2",{"_key":1189,"_type":170,"children":1190,"markDefs":1195,"style":190},"k7",[1191],{"_key":1192,"_type":174,"marks":1193,"text":1194},"k6",[],"Invoice discounting is a short-term financing arrangement where a business borrows against its unpaid customer invoices. Instead of waiting for payment terms to run out, you submit eligible invoices to a lender, receive an advance, typically 70% to 90% of the invoice value, and repay once your customer pays.",[],{"_key":1197,"_type":170,"children":1198,"markDefs":1203,"style":190},"k11",[1199],{"_key":1200,"_type":174,"marks":1201,"text":1202},"k10",[],"Three parties are involved, and it helps to be clear on who does what:",[],{"_key":1205,"_type":170,"children":1206,"level":1216,"listItem":1217,"markDefs":1218,"style":190},"k17",[1207,1212],{"_key":1208,"_type":174,"marks":1209,"text":1211},"k15",[1210],"strong","You, the business. ",{"_key":1213,"_type":174,"marks":1214,"text":1215},"k16",[],"You submit your unpaid invoices and draw an advance against them, usually 70% to 90% of the value, within a day or two.",1,"bullet",[],{"_key":1220,"_type":170,"children":1221,"level":1216,"listItem":1217,"markDefs":1230,"style":190},"k23",[1222,1226],{"_key":1223,"_type":174,"marks":1224,"text":1225},"k21",[1210],"The invoice discounting provider. ",{"_key":1227,"_type":174,"marks":1228,"text":1229},"k22",[],"Your lender checks the invoices and your customers' credit, releases the funds, then charges a service fee plus interest for the time the advance is outstanding.",[],{"_key":1232,"_type":170,"children":1233,"level":1216,"listItem":1217,"markDefs":1242,"style":190},"k29",[1234,1238],{"_key":1235,"_type":174,"marks":1236,"text":1237},"k27",[1210],"Your customer. ",{"_key":1239,"_type":174,"marks":1240,"text":1241},"k28",[],"They settle the invoice exactly as they always have. They've no idea you've borrowed against it, because you still send the invoices and handle the chasing.",[],{"_key":1244,"_type":170,"children":1245,"markDefs":1250,"style":190},"k33",[1246],{"_key":1247,"_type":174,"marks":1248,"text":1249},"k32",[],"That confidentiality is a big part of the appeal. Since the financing sits in the background, your customer relationships carry on untouched, which is the main thing that separates it from factoring, where the lender takes over collections, and your customer gets notified.",[],{"_key":1252,"_type":170,"children":1253,"markDefs":1258,"style":190},"k37",[1254],{"_key":1255,"_type":174,"marks":1256,"text":1257},"k36",[],"In Singapore, invoice discounting falls under trade and receivables financing. Banks like DBS, OCBC, and UOB offer it, as do fintech platforms operating under the Payment Services Act 2019 and regulated by the Monetary Authority of Singapore (MAS).",[],{"_key":1260,"_type":170,"children":1261,"markDefs":1266,"style":1187},"k41",[1262],{"_key":1263,"_type":174,"marks":1264,"text":1265},"k40",[],"How does invoice discounting work",[],{"_key":1268,"_type":170,"children":1269,"markDefs":1274,"style":190},"k45",[1270],{"_key":1271,"_type":174,"marks":1272,"text":1273},"k44",[],"Invoice discounting works by letting you borrow against an unpaid invoice, then repay the lender once your customer settles it. You keep invoicing and collecting as normal; the financing just sits behind it.",[],{"_key":1276,"_type":170,"children":1277,"level":1216,"listItem":1217,"markDefs":1286,"style":190},"k51",[1278,1282],{"_key":1279,"_type":174,"marks":1280,"text":1281},"k49",[1210],"Raise and submit the invoice. ",{"_key":1283,"_type":174,"marks":1284,"text":1285},"k50",[],"You bill your customer for completed goods or services, then send the invoice to your lender with any supporting documents, like purchase orders or delivery confirmations.",[],{"_key":1288,"_type":170,"children":1289,"level":1216,"listItem":1217,"markDefs":1298,"style":190},"k57",[1290,1294],{"_key":1291,"_type":174,"marks":1292,"text":1293},"k55",[1210],"The lender reviews it and advances the funds. ",{"_key":1295,"_type":174,"marks":1296,"text":1297},"k56",[],"Once the invoice is verified, you get most of its value upfront. Many online platforms in Singapore pull invoices straight from your accounting software, so there's less to key in than there used to be.",[],{"_key":1300,"_type":170,"children":1301,"level":1216,"listItem":1217,"markDefs":1310,"style":190},"k63",[1302,1306],{"_key":1303,"_type":174,"marks":1304,"text":1305},"k61",[1210],"You use the advance. ",{"_key":1307,"_type":174,"marks":1308,"text":1309},"k62",[],"It covers payroll, suppliers, or your next job while you wait on your customer.",[],{"_key":1312,"_type":170,"children":1313,"level":1216,"listItem":1217,"markDefs":1322,"style":190},"k69",[1314,1318],{"_key":1315,"_type":174,"marks":1316,"text":1317},"k67",[1210],"Your customer pays as normal. ",{"_key":1319,"_type":174,"marks":1320,"text":1321},"k68",[],"They settle the invoice the way they always do, on their usual terms.",[],{"_key":1324,"_type":170,"children":1325,"level":1216,"listItem":1217,"markDefs":1334,"style":190},"k75",[1326,1330],{"_key":1327,"_type":174,"marks":1328,"text":1329},"k73",[1210],"You repay and collect the rest.",{"_key":1331,"_type":174,"marks":1332,"text":1333},"k74",[]," You clear the advance with the lender, and they release the remaining balance, minus their fees. Then it starts again with your next batch of invoices.",[],{"_key":1336,"_type":170,"children":1337,"markDefs":1342,"style":1187},"k79",[1338],{"_key":1339,"_type":174,"marks":1340,"text":1341},"k78",[],"Invoice discounting calculation for a Singapore-based business",[],{"_key":1344,"_type":170,"children":1345,"markDefs":1350,"style":190},"k83",[1346],{"_key":1347,"_type":174,"marks":1348,"text":1349},"k82",[],"Say your business invoices a corporate client SGD $50,000 with 60-day payment terms, and you need cash now to cover payroll and a supplier payment due in 2 weeks.",[],{"_key":1352,"_type":170,"children":1353,"level":1216,"listItem":1217,"markDefs":1370,"style":190},"k93",[1354,1358,1362,1366],{"_key":1355,"_type":174,"marks":1356,"text":1357},"k89",[1210],"Advance rate:",{"_key":1359,"_type":174,"marks":1360,"text":1361},"k90",[]," 85%: You receive ",{"_key":1363,"_type":174,"marks":1364,"text":1365},"k91",[1210],"SGD $42,500",{"_key":1367,"_type":174,"marks":1368,"text":1369},"k92",[]," within 48 hours",[],{"_key":1372,"_type":170,"children":1373,"level":1216,"listItem":1217,"markDefs":1386,"style":190},"k101",[1374,1378,1382],{"_key":1375,"_type":174,"marks":1376,"text":1377},"k98",[1210],"Service fee:",{"_key":1379,"_type":174,"marks":1380,"text":1381},"k99",[]," 1.5% of invoice value: ",{"_key":1383,"_type":174,"marks":1384,"text":1385},"k100",[1210],"SGD $750",[],{"_key":1388,"_type":170,"children":1389,"level":1216,"listItem":1217,"markDefs":1402,"style":190},"k109",[1390,1394,1398],{"_key":1391,"_type":174,"marks":1392,"text":1393},"k106",[1210],"Discount rate:",{"_key":1395,"_type":174,"marks":1396,"text":1397},"k107",[]," 2% per month on the advance, for 60 days: ",{"_key":1399,"_type":174,"marks":1400,"text":1401},"k108",[1210],"SGD $1,700",[],{"_key":1404,"_type":170,"children":1405,"level":1216,"listItem":1217,"markDefs":1414,"style":190},"k115",[1406,1410],{"_key":1407,"_type":174,"marks":1408,"text":1409},"k113",[1210],"Customer pays:",{"_key":1411,"_type":174,"marks":1412,"text":1413},"k114",[]," SGD $50,000 after 60 days",[],{"_key":1416,"_type":170,"children":1417,"level":1216,"listItem":1217,"markDefs":1430,"style":190},"k123",[1418,1422,1426],{"_key":1419,"_type":174,"marks":1420,"text":1421},"k120",[1210],"Final settlement:",{"_key":1423,"_type":174,"marks":1424,"text":1425},"k121",[]," SGD $50,000 - SGD $42,500 - SGD $750 - SGD $1,700 = ",{"_key":1427,"_type":174,"marks":1428,"text":1429},"k122",[1210],"SGD $5,050 returned to you",[],{"_key":1432,"_type":170,"children":1433,"level":1216,"listItem":1217,"markDefs":1442,"style":190},"k129",[1434,1438],{"_key":1435,"_type":174,"marks":1436,"text":1437},"k127",[1210],"Total cost:",{"_key":1439,"_type":174,"marks":1440,"text":1441},"k128",[]," SGD $ 2,450 to access SGD $ 42,500 immediately – roughly 4.9% of the invoice value",[],{"_key":1444,"_type":170,"children":1445,"markDefs":1450,"style":190},"k133",[1446],{"_key":1447,"_type":174,"marks":1448,"text":1449},"k132",[],"Whether that cost makes sense depends on what waiting 2 months actually costs your business. If it means drawing on a credit line at a higher rate, delaying a supplier, or turning down a contract, the maths usually works in favour of discounting.",[],{"_key":1452,"_type":170,"children":1453,"markDefs":1458,"style":1187},"k137",[1454],{"_key":1455,"_type":174,"marks":1456,"text":1457},"k136",[],"Debt factoring vs invoice discounting",[],{"_key":1460,"_type":170,"children":1461,"markDefs":1466,"style":190},"k141",[1462],{"_key":1463,"_type":174,"marks":1464,"text":1465},"k140",[],"Both debt factoring (invoice factoring) and invoice discounting are receivables financing tools, but the day-to-day experience is quite different.",[],{"_key":1468,"_type":1469,"columnHeaders":1470,"hasColumnTitles":141,"hasRowTitles":152,"rows":1483},"k142","richTableBlock",[1471,1476,1479],{"_key":1472,"_type":1473,"cellIndex":1474,"title":1475},"k143","columnHeader",0,"Factors",{"_key":1477,"_type":1473,"cellIndex":1216,"title":1478},"k144","Invoice discounting",{"_key":1480,"_type":1473,"cellIndex":1481,"title":1482},"k145",2,"Invoice factoring (debt factoring)",[1484,1522,1558,1594,1630,1666,1702,1738],{"_key":1485,"_type":1486,"cells":1487},"k146","row",[1488,1500,1511],{"_key":1489,"_type":1490,"content":1491},"k147","richTableCell",[1492],{"_key":1493,"_type":170,"children":1494,"markDefs":1499,"style":190},"k228",[1495],{"_key":1496,"_type":174,"marks":1497,"text":1498},"k227",[1210],"How it works",[],{"_key":1501,"_type":1490,"content":1502},"k150",[1503],{"_key":1504,"_type":170,"children":1505,"markDefs":1510,"style":190},"k231",[1506],{"_key":1507,"_type":174,"marks":1508,"text":1509},"k230",[],"Borrow against unpaid invoices",[],{"_key":1512,"_type":1490,"content":1513},"k153",[1514],{"_key":1515,"_type":170,"children":1516,"markDefs":1521,"style":190},"k234",[1517],{"_key":1518,"_type":174,"marks":1519,"text":1520},"k233",[],"Sell unpaid invoices to a third party",[],{"_key":1523,"_type":1486,"cells":1524},"k156",[1525,1536,1547],{"_key":1526,"_type":1490,"content":1527},"k157",[1528],{"_key":1529,"_type":170,"children":1530,"markDefs":1535,"style":190},"k237",[1531],{"_key":1532,"_type":174,"marks":1533,"text":1534},"k236",[1210],"Collections",[],{"_key":1537,"_type":1490,"content":1538},"k160",[1539],{"_key":1540,"_type":170,"children":1541,"markDefs":1546,"style":190},"k240",[1542],{"_key":1543,"_type":174,"marks":1544,"text":1545},"k239",[],"You manage",[],{"_key":1548,"_type":1490,"content":1549},"k163",[1550],{"_key":1551,"_type":170,"children":1552,"markDefs":1557,"style":190},"k243",[1553],{"_key":1554,"_type":174,"marks":1555,"text":1556},"k242",[],"Lender\u002Ffactor manages",[],{"_key":1559,"_type":1486,"cells":1560},"k166",[1561,1572,1583],{"_key":1562,"_type":1490,"content":1563},"k167",[1564],{"_key":1565,"_type":170,"children":1566,"markDefs":1571,"style":190},"k246",[1567],{"_key":1568,"_type":174,"marks":1569,"text":1570},"k245",[1210],"Customer awareness",[],{"_key":1573,"_type":1490,"content":1574},"k170",[1575],{"_key":1576,"_type":170,"children":1577,"markDefs":1582,"style":190},"k249",[1578],{"_key":1579,"_type":174,"marks":1580,"text":1581},"k248",[],"Confidential",[],{"_key":1584,"_type":1490,"content":1585},"k173",[1586],{"_key":1587,"_type":170,"children":1588,"markDefs":1593,"style":190},"k252",[1589],{"_key":1590,"_type":174,"marks":1591,"text":1592},"k251",[],"Customer is notified",[],{"_key":1595,"_type":1486,"cells":1596},"k176",[1597,1608,1619],{"_key":1598,"_type":1490,"content":1599},"k177",[1600],{"_key":1601,"_type":170,"children":1602,"markDefs":1607,"style":190},"k255",[1603],{"_key":1604,"_type":174,"marks":1605,"text":1606},"k254",[1210],"Control of the ledger",[],{"_key":1609,"_type":1490,"content":1610},"k180",[1611],{"_key":1612,"_type":170,"children":1613,"markDefs":1618,"style":190},"k258",[1614],{"_key":1615,"_type":174,"marks":1616,"text":1617},"k257",[],"You retain it",[],{"_key":1620,"_type":1490,"content":1621},"k183",[1622],{"_key":1623,"_type":170,"children":1624,"markDefs":1629,"style":190},"k261",[1625],{"_key":1626,"_type":174,"marks":1627,"text":1628},"k260",[],"Factor takes over",[],{"_key":1631,"_type":1486,"cells":1632},"k186",[1633,1644,1655],{"_key":1634,"_type":1490,"content":1635},"k187",[1636],{"_key":1637,"_type":170,"children":1638,"markDefs":1643,"style":190},"k264",[1639],{"_key":1640,"_type":174,"marks":1641,"text":1642},"k263",[1210],"Default risk",[],{"_key":1645,"_type":1490,"content":1646},"k190",[1647],{"_key":1648,"_type":170,"children":1649,"markDefs":1654,"style":190},"k267",[1650],{"_key":1651,"_type":174,"marks":1652,"text":1653},"k266",[],"Recourse",[],{"_key":1656,"_type":1490,"content":1657},"k193",[1658],{"_key":1659,"_type":170,"children":1660,"markDefs":1665,"style":190},"k270",[1661],{"_key":1662,"_type":174,"marks":1663,"text":1664},"k269",[],"Can be recourse or non-recourse",[],{"_key":1667,"_type":1486,"cells":1668},"k196",[1669,1680,1691],{"_key":1670,"_type":1490,"content":1671},"k197",[1672],{"_key":1673,"_type":170,"children":1674,"markDefs":1679,"style":190},"k273",[1675],{"_key":1676,"_type":174,"marks":1677,"text":1678},"k272",[1210],"Typical cost",[],{"_key":1681,"_type":1490,"content":1682},"k200",[1683],{"_key":1684,"_type":170,"children":1685,"markDefs":1690,"style":190},"k276",[1686],{"_key":1687,"_type":174,"marks":1688,"text":1689},"k275",[],"Lower",[],{"_key":1692,"_type":1490,"content":1693},"k203",[1694],{"_key":1695,"_type":170,"children":1696,"markDefs":1701,"style":190},"k279",[1697],{"_key":1698,"_type":174,"marks":1699,"text":1700},"k278",[],"Higher (factor assumes more risk and admin)",[],{"_key":1703,"_type":1486,"cells":1704},"k206",[1705,1716,1727],{"_key":1706,"_type":1490,"content":1707},"k207",[1708],{"_key":1709,"_type":170,"children":1710,"markDefs":1715,"style":190},"k282",[1711],{"_key":1712,"_type":174,"marks":1713,"text":1714},"k281",[1210],"Best for",[],{"_key":1717,"_type":1490,"content":1718},"k210",[1719],{"_key":1720,"_type":170,"children":1721,"markDefs":1726,"style":190},"k285",[1722],{"_key":1723,"_type":174,"marks":1724,"text":1725},"k284",[],"Businesses want confidentiality and control",[],{"_key":1728,"_type":1490,"content":1729},"k213",[1730],{"_key":1731,"_type":170,"children":1732,"markDefs":1737,"style":190},"k288",[1733],{"_key":1734,"_type":174,"marks":1735,"text":1736},"k287",[],"Businesses wanting to outsource collections entirely",[],{"_key":1739,"_type":1486,"cells":1740},"k216",[1741,1752,1763],{"_key":1742,"_type":1490,"content":1743},"k217",[1744],{"_key":1745,"_type":170,"children":1746,"markDefs":1751,"style":190},"k291",[1747],{"_key":1748,"_type":174,"marks":1749,"text":1750},"k290",[1210],"When to choose it",[],{"_key":1753,"_type":1490,"content":1754},"k220",[1755],{"_key":1756,"_type":170,"children":1757,"markDefs":1762,"style":190},"k294",[1758],{"_key":1759,"_type":174,"marks":1760,"text":1761},"k293",[],"You have reliable customers and can manage collections in-house",[],{"_key":1764,"_type":1490,"content":1765},"k223",[1766],{"_key":1767,"_type":170,"children":1768,"markDefs":1773,"style":190},"k297",[1769],{"_key":1770,"_type":174,"marks":1771,"text":1772},"k296",[],"Chasing payments is draining your team, or you want the credit risk handled for you",[],{"_key":1775,"_type":170,"children":1776,"markDefs":1786,"style":190},"k303",[1777,1782],{"_key":1778,"_type":174,"marks":1779,"text":1781},"k301",[1780,1210],"em","Founder’s insight:",{"_key":1783,"_type":174,"marks":1784,"text":1785},"k302",[1780]," If your customers are overseas, weigh this up carefully. Factoring can be the better call for cross-border invoices, since a factor has collection infrastructure on the ground in your buyer's country and can chase payment in the local language and time zone. For customers here in Singapore, you don't need that, so invoice discounting stays the cheaper and cleaner route.",[],{"_key":1788,"_type":170,"children":1789,"markDefs":1794,"style":1187},"k307",[1790],{"_key":1791,"_type":174,"marks":1792,"text":1793},"k306",[],"What is non-recourse invoice discounting",[],{"_key":1796,"_type":170,"children":1797,"markDefs":1802,"style":190},"k311",[1798],{"_key":1799,"_type":174,"marks":1800,"text":1801},"k310",[],"Most invoice discounting in Singapore is recourse-based, meaning if your customer doesn't pay, you're still on the hook for repaying the advance. The lender has taken the credit risk of the invoice value, not the credit risk of your customer.",[],{"_key":1804,"_type":170,"children":1805,"markDefs":1810,"style":190},"k315",[1806],{"_key":1807,"_type":174,"marks":1808,"text":1809},"k314",[],"Non-recourse invoice discounting flips that. If your customer goes insolvent and the invoice doesn't get paid, the lender absorbs the loss rather than coming back to you. It's a real layer of protection, but it costs more, because the lender is now carrying your customer's credit risk on top of everything else.",[],{"_key":1812,"_type":170,"children":1813,"markDefs":1818,"style":190},"k319",[1814],{"_key":1815,"_type":174,"marks":1816,"text":1817},"k318",[],"These facilities are harder to come by in Singapore and tend to be available only to businesses with well-established, creditworthy buyers. Some lenders will also want trade credit insurance in place before offering non-recourse terms. If your business deals heavily with a small number of large buyers, it's worth asking about.",[],{"_key":1820,"_type":170,"children":1821,"markDefs":1826,"style":1187},"k323",[1822],{"_key":1823,"_type":174,"marks":1824,"text":1825},"k322",[],"Benefits of invoice discounting",[],{"_key":1828,"_type":170,"children":1829,"markDefs":1834,"style":190},"k327",[1830],{"_key":1831,"_type":174,"marks":1832,"text":1833},"k326",[],"Invoice discounting gives businesses faster access to cash without taking on new debt or disrupting customer relationships.",[],{"_key":1836,"_type":170,"children":1837,"level":1216,"listItem":1217,"markDefs":1846,"style":190},"k333",[1838,1842],{"_key":1839,"_type":174,"marks":1840,"text":1841},"k331",[1210],"Faster access to working capital.",{"_key":1843,"_type":174,"marks":1844,"text":1845},"k332",[]," You can access most of the invoice value within 48 hours rather than waiting 60 to 90 days. For SMEs running lean, that often makes the difference between taking on a new contract and having to pass on it.",[],{"_key":1848,"_type":170,"children":1849,"level":1216,"listItem":1217,"markDefs":1858,"style":190},"k339",[1850,1854],{"_key":1851,"_type":174,"marks":1852,"text":1853},"k337",[1210],"Confidential financing.",{"_key":1855,"_type":174,"marks":1856,"text":1857},"k338",[]," Your customer relationship stays intact. No third party in the picture, no awkward conversations about why invoices are being handled differently. This matters particularly in industries where long-term relationships and commercial trust drive business.",[],{"_key":1860,"_type":170,"children":1861,"level":1216,"listItem":1217,"markDefs":1870,"style":190},"k345",[1862,1866],{"_key":1863,"_type":174,"marks":1864,"text":1865},"k343",[1210],"No additional collateral needed.",{"_key":1867,"_type":174,"marks":1868,"text":1869},"k344",[]," The receivable is the security. You're not pledging property, equipment, or personal assets, which is a significant practical difference from most bank loan facilities.",[],{"_key":1872,"_type":170,"children":1873,"level":1216,"listItem":1217,"markDefs":1882,"style":190},"k351",[1874,1878],{"_key":1875,"_type":174,"marks":1876,"text":1877},"k349",[1210],"Scales with your revenue.",{"_key":1879,"_type":174,"marks":1880,"text":1881},"k350",[]," As your invoice volume grows, so does your available funding. There's no need to renegotiate a facility every few months or take on fixed debt that outlives your immediate need.",[],{"_key":1884,"_type":170,"children":1885,"level":1216,"listItem":1217,"markDefs":1894,"style":190},"k357",[1886,1890],{"_key":1887,"_type":174,"marks":1888,"text":1889},"k355",[1210],"Collections stay with you.",{"_key":1891,"_type":174,"marks":1892,"text":1893},"k356",[]," You keep visibility over your receivables and manage customer relationships on your own terms, which also means you're not paying someone else to do your credit management.",[],{"_key":1896,"_type":170,"children":1897,"markDefs":1902,"style":1187},"k361",[1898],{"_key":1899,"_type":174,"marks":1900,"text":1901},"k360",[],"Drawbacks of invoice discounting",[],{"_key":1904,"_type":170,"children":1905,"markDefs":1910,"style":190},"k365",[1906],{"_key":1907,"_type":174,"marks":1908,"text":1909},"k364",[],"Invoice discounting has clear trade-offs: it costs more than a standard loan, leaves the collections and bad-debt risk with you, and only works if you sell B2B to creditworthy customers.",[],{"_key":1912,"_type":170,"children":1913,"level":1216,"listItem":1217,"markDefs":1922,"style":190},"k371",[1914,1918],{"_key":1915,"_type":174,"marks":1916,"text":1917},"k369",[1210],"You're still chasing payment. ",{"_key":1919,"_type":174,"marks":1920,"text":1921},"k370",[],"Because collections stay with you, the admin doesn't go anywhere. If a customer drags out a 90-day invoice, that's still your team following up and your liability if they don't pay.",[],{"_key":1924,"_type":170,"children":1925,"level":1216,"listItem":1217,"markDefs":1934,"style":190},"k377",[1926,1930],{"_key":1927,"_type":174,"marks":1928,"text":1929},"k375",[1210],"It costs more than a standard loan. ",{"_key":1931,"_type":174,"marks":1932,"text":1933},"k376",[],"Service fees plus a monthly discount rate can work out dearer than a term loan or overdraft, especially on longer payment terms.",[],{"_key":1936,"_type":170,"children":1937,"level":1216,"listItem":1217,"markDefs":1946,"style":190},"k383",[1938,1942],{"_key":1939,"_type":174,"marks":1940,"text":1941},"k381",[1210],"Recourse sits with you. ",{"_key":1943,"_type":174,"marks":1944,"text":1945},"k382",[],"Most facilities here are recourse-based, so if your customer goes under, you repay the advance anyway. The financing smooths your timing; it doesn't remove the risk of a bad debt.",[],{"_key":1948,"_type":170,"children":1949,"level":1216,"listItem":1217,"markDefs":1958,"style":190},"k389",[1950,1954],{"_key":1951,"_type":174,"marks":1952,"text":1953},"k387",[1210],"It only suits B2B with decent customers. ",{"_key":1955,"_type":174,"marks":1956,"text":1957},"k388",[],"Lenders advance against creditworthy buyers and clean invoices. If your customers are slow payers, your records are messy, or you sell mostly to consumers, you'll either be declined or offered terms that aren't worth it.",[],{"_key":1960,"_type":170,"children":1961,"markDefs":1966,"style":1187},"k393",[1962],{"_key":1963,"_type":174,"marks":1964,"text":1965},"k392",[],"Who uses invoice discounting in Singapore?",[],{"_key":1968,"_type":170,"children":1969,"markDefs":1974,"style":190},"k397",[1970],{"_key":1971,"_type":174,"marks":1972,"text":1973},"k396",[],"Invoice discounting works best for B2B businesses with reliable customers and payment terms that create a gap between work delivered and cash received.",[],{"_key":1976,"_type":170,"children":1977,"level":1216,"listItem":1217,"markDefs":1986,"style":190},"k403",[1978,1982],{"_key":1979,"_type":174,"marks":1980,"text":1981},"k401",[1210],"SME invoice discounting:",{"_key":1983,"_type":174,"marks":1984,"text":1985},"k402",[]," SMEs make up around 99% of businesses in Singapore and employ over 70% of the workforce, according to Enterprise Singapore. A lot of them operate in industries with long payment cycles, such as manufacturing, professional services, and logistics, where waiting on large buyers is just part of doing business. Invoice discounting gives them a way to manage that without needing to put up property as security.",[],{"_key":1988,"_type":170,"children":1989,"level":1216,"listItem":1217,"markDefs":1998,"style":190},"k409",[1990,1994],{"_key":1991,"_type":174,"marks":1992,"text":1993},"k407",[1210],"Manufacturer invoice discounting:",{"_key":1995,"_type":174,"marks":1996,"text":1997},"k408",[]," Singapore's precision engineering, electronics, and food manufacturing sectors regularly supply large retailers, distributors, or multinational buyers on 60- to 90-day terms. Production and raw material costs don't wait. Invoice discounting bridges that gap without requiring manufacturers to renegotiate terms with buyers who have significant commercial leverage over them.",[],{"_key":2000,"_type":170,"children":2001,"level":1216,"listItem":1217,"markDefs":2010,"style":190},"k415",[2002,2006],{"_key":2003,"_type":174,"marks":2004,"text":2005},"k413",[1210],"Logistics and freight:",{"_key":2007,"_type":174,"marks":2008,"text":2009},"k414",[]," Companies managing cargo, warehousing, or last-mile delivery for corporate clients bill on net-30 to net-60 terms, while fuel, labour, and port costs are ongoing. Invoice discounting keeps operations moving without relying on overdraft headroom.",[],{"_key":2012,"_type":170,"children":2013,"level":1216,"listItem":1217,"markDefs":2022,"style":190},"k421",[2014,2018],{"_key":2015,"_type":174,"marks":2016,"text":2017},"k419",[1210],"Recruitment and staffing agencies",{"_key":2019,"_type":174,"marks":2020,"text":2021},"k420",[],": Agencies pay contractors weekly or fortnightly but collect from clients monthly or later. That timing gap is built into the business model. Invoice discounting is a standard tool for managing it.",[],{"_key":2024,"_type":170,"children":2025,"level":1216,"listItem":1217,"markDefs":2034,"style":190},"k427",[2026,2030],{"_key":2027,"_type":174,"marks":2028,"text":2029},"k425",[1210],"Professional services:",{"_key":2031,"_type":174,"marks":2032,"text":2033},"k426",[]," While government agencies in Singapore aim to pay suppliers within 30 days, large private-sector clients often impose far longer terms, so consultancies, IT firms, and agencies regularly wait 45 to 90 days for payment. Invoice discounting gives them cash flow flexibility without touching the client relationship.",[],{"_key":2036,"_type":170,"children":2037,"markDefs":2042,"style":1187},"k431",[2038],{"_key":2039,"_type":174,"marks":2040,"text":2041},"k430",[],"Accounting for invoice discounting in Singapore",[],{"_key":2044,"_type":170,"children":2045,"markDefs":2050,"style":190},"k435",[2046],{"_key":2047,"_type":174,"marks":2048,"text":2049},"k434",[],"Under Singapore Financial Reporting Standards (SFRS), which align closely with IFRS, the treatment hinges on whether the risks and rewards of the receivable have been substantially transferred to the lender.",[],{"_key":2052,"_type":170,"children":2053,"level":1216,"listItem":1217,"markDefs":2066,"style":190},"k443",[2054,2058,2062],{"_key":2055,"_type":174,"marks":2056,"text":2057},"k440",[],"With a ",{"_key":2059,"_type":174,"marks":2060,"text":2061},"k441",[1210],"recourse arrangement,",{"_key":2063,"_type":174,"marks":2064,"text":2065},"k442",[]," the most common setup, you remain liable if your customer doesn't pay. That means the receivable stays on your balance sheet, and the advance is recorded as a financial liability. Under SFRS 9 (Financial Instruments), you haven't transferred the credit risk, so you can't derecognise the receivable.",[],{"_key":2068,"_type":170,"children":2069,"level":1216,"listItem":1217,"markDefs":2081,"style":190},"k451",[2070,2073,2077],{"_key":2071,"_type":174,"marks":2072,"text":2057},"k448",[],{"_key":2074,"_type":174,"marks":2075,"text":2076},"k449",[1210],"non-recourse arrangement",{"_key":2078,"_type":174,"marks":2079,"text":2080},"k450",[],", where credit risk has fully transferred to the lender, you may be able to remove the receivable from your balance sheet entirely. The difference between its carrying value and the proceeds you received gets recognised as a financing cost.",[],{"_key":2083,"_type":170,"children":2084,"markDefs":2093,"style":190},"k457",[2085,2089],{"_key":2086,"_type":174,"marks":2087,"text":2088},"k455",[1210],"Founder's note:",{"_key":2090,"_type":174,"marks":2091,"text":2092},"k456",[]," Settle the accounting treatment before you sign. If your bank covenants reference leverage ratios or net debt, whether the facility is recourse or non-recourse affects those numbers directly, so run the structure past your accountant first rather than after.",[],{"_key":2095,"_type":170,"children":2096,"markDefs":2101,"style":1187},"k461",[2097],{"_key":2098,"_type":174,"marks":2099,"text":2100},"k460",[],"Getting financing-ready: platforms and clean records",[],{"_key":2103,"_type":170,"children":2104,"markDefs":2109,"style":190},"k465",[2105],{"_key":2106,"_type":174,"marks":2107,"text":2108},"k464",[],"Singapore now has more than 1,700 licensed fintech firms, the largest such ecosystem in Southeast Asia, and that's widened your options well beyond the banks. Several MAS-regulated platforms offer fully digital onboarding, real-time invoice submission, and direct integration with accounting tools like Xero and QuickBooks, which is a faster route than a traditional bank facility if your volumes are modest.",[],{"_key":2111,"_type":170,"children":2112,"markDefs":2117,"style":190},"k469",[2113],{"_key":2114,"_type":174,"marks":2115,"text":2116},"k468",[],"Whichever way you go, the lender decides your rate by looking at the quality of your receivables first. Creditworthy customers, accurate invoice records, and a clean payment history all feed straight into the terms you're offered. So the work you do before applying, raising invoices promptly, stating payment terms clearly, and keeping records that reconcile with your bank directly affects what financing costs you.",[],{"_key":2119,"_type":170,"children":2120,"markDefs":2160,"style":190},"k493",[2121,2125,2129,2133,2138,2142,2147,2151,2156],{"_key":2122,"_type":174,"marks":2123,"text":2124},"k484",[],"This is where ",{"_key":2126,"_type":174,"marks":2127,"text":282},"k485",[2128],"k471",{"_key":2130,"_type":174,"marks":2131,"text":2132},"k486",[]," helps. Its invoice and receivables management, ",{"_key":2134,"_type":174,"marks":2135,"text":2137},"k487",[2136],"k474","multi-currency business accounts",{"_key":2139,"_type":174,"marks":2140,"text":2141},"k488",[],", ",{"_key":2143,"_type":174,"marks":2144,"text":2146},"k489",[2145],"k477","expense management",{"_key":2148,"_type":174,"marks":2149,"text":2150},"k490",[],", and ",{"_key":2152,"_type":174,"marks":2153,"text":2155},"k491",[2154],"k480","accounting integrations",{"_key":2157,"_type":174,"marks":2158,"text":2159},"k492",[]," keep your financial operations in one place. So when you approach a lender, your records are already in order, and your cash flow is easy to show.",[2161,2163,2165,2167],{"_key":2128,"_type":188,"externalUrl":2162,"linkType":145},"https:\u002F\u002Faspireapp.com\u002F",{"_key":2136,"_type":188,"externalUrl":2164,"linkType":145},"https:\u002F\u002Faspireapp.com\u002Fbusiness-account",{"_key":2145,"_type":188,"externalUrl":2166,"linkType":145},"https:\u002F\u002Faspireapp.com\u002Fexpense-management",{"_key":2154,"_type":188,"externalUrl":2168,"linkType":145},"https:\u002F\u002Faspireapp.com\u002Fintegrations",{"_key":2170,"_type":170,"children":2171,"markDefs":2175,"style":1187},"k497",[2172],{"_key":2173,"_type":174,"marks":2174,"text":1006},"k496",[],[],{"_key":2177,"_type":170,"children":2178,"markDefs":2183,"style":2184},"k501",[2179],{"_key":2180,"_type":174,"marks":2181,"text":2182},"k500",[],"What is invoice discounting in Singapore?",[],"h3",{"_key":2186,"_type":170,"children":2187,"markDefs":2192,"style":190},"k505",[2188],{"_key":2189,"_type":174,"marks":2190,"text":2191},"k504",[],"Invoice discounting in Singapore is a short-term financing arrangement where businesses borrow against unpaid customer invoices to access cash before payment terms expire. It is available through MAS-regulated banks and licensed fintech platforms under the Payment Services Act 2019.",[],{"_key":2194,"_type":170,"children":2195,"markDefs":2200,"style":2184},"k509",[2196],{"_key":2197,"_type":174,"marks":2198,"text":2199},"k508",[],"How does invoice discounting differ from factoring in Singapore?",[],{"_key":2202,"_type":170,"children":2203,"markDefs":2208,"style":190},"k513",[2204],{"_key":2205,"_type":174,"marks":2206,"text":2207},"k512",[],"With invoice discounting, you manage collections yourself, and the arrangement stays confidential. With factoring, the lender takes over collections, and your customer is notified. Discounting costs less but requires stronger internal credit management.",[],{"_key":2210,"_type":170,"children":2211,"markDefs":2216,"style":2184},"k517",[2212],{"_key":2213,"_type":174,"marks":2214,"text":2215},"k516",[],"What is the typical advance rate for invoice discounting in Singapore?",[],{"_key":2218,"_type":170,"children":2219,"markDefs":2224,"style":190},"k521",[2220],{"_key":2221,"_type":174,"marks":2222,"text":2223},"k520",[],"Most lenders advance between 70% and 90% of the eligible invoice value. The rate depends on the creditworthiness of your customer, the invoice size, and your payment history.",[],{"_key":2226,"_type":170,"children":2227,"markDefs":2232,"style":2184},"k525",[2228],{"_key":2229,"_type":174,"marks":2230,"text":2231},"k524",[],"How is invoice discounting treated in Singapore accounting?",[],{"_key":2234,"_type":170,"children":2235,"markDefs":2240,"style":190},"k529",[2236],{"_key":2237,"_type":174,"marks":2238,"text":2239},"k528",[],"Under SFRS 9, a recourse arrangement is typically recorded as a secured borrowing, the receivable stays on your balance sheet. A non-recourse arrangement where risks are fully transferred may allow derecognition of the receivable. The treatment depends on your specific facility structure, so confirm it with your accountant.",[],{"_key":2242,"_type":170,"children":2243,"markDefs":2248,"style":2184},"k533",[2244],{"_key":2245,"_type":174,"marks":2246,"text":2247},"k532",[],"Who qualifies for invoice discounting in Singapore?",[],{"_key":2250,"_type":170,"children":2251,"markDefs":2256,"style":190},"k537",[2252],{"_key":2253,"_type":174,"marks":2254,"text":2255},"k536",[],"B2B businesses with creditworthy customers, a consistent invoicing history, and a minimum revenue threshold generally qualify. Bank facilities typically require higher revenue thresholds; fintech platforms tend to be more accessible for smaller businesses.",[],{"_key":2258,"_type":170,"children":2259,"markDefs":2264,"style":2184},"k541",[2260],{"_key":2261,"_type":174,"marks":2262,"text":2263},"k540",[],"Can SMEs access invoice discounting in Singapore?",[],{"_key":2266,"_type":170,"children":2267,"markDefs":2272,"style":190},"k545",[2268],{"_key":2269,"_type":174,"marks":2270,"text":2271},"k544",[],"Yes. Several MAS-licensed banks and fintech platforms offer SME invoice discounting with lower minimum requirements than traditional trade finance facilities. Customer creditworthiness, invoice history, and your ability to manage your own collections are the key eligibility factors.",[],{"_key":2274,"_type":170,"children":2275,"markDefs":2280,"style":2184},"k549",[2276],{"_key":2277,"_type":174,"marks":2278,"text":2279},"k548",[],"Is invoice discounting profitable?",[],{"_key":2282,"_type":170,"children":2283,"markDefs":2288,"style":190},"k553",[2284],{"_key":2285,"_type":174,"marks":2286,"text":2287},"k552",[],"On its own, it doesn't make you money; it's a financing cost you pay to get cash sooner. It makes financial sense when that earlier cash is worth more than the fee; for example, when it helps you win a new contract, earn an early-payment discount from a supplier, or avoid a more expensive loan.",[],{"slug":1148,"title":1149},{"_type":154,"alternativeText":2291,"height":1055,"url":2292,"width":1057},"Invoice discounting: what it is, how it works, and how growing businesses can benefit","https:\u002F\u002Fcdn.aspireapp.com\u002Fwebsites\u002Fblog\u002F63115a114a7d409c1c4ce4e2fe959e15\u002Finvoice-discounting-explained_cover.jpeg",[2294,2301,2309,2316,2322,2330],{"_key":1183,"_type":170,"children":2295,"level":1216,"listItem":1217,"markDefs":2300,"style":190},[2296],{"_key":2297,"_type":174,"marks":2298,"text":2299},"k1",[],"Invoice discounting lets Singapore businesses unlock cash tied up in unpaid invoices without waiting 30 to 90 days for customers to pay",[],{"_key":2302,"_type":170,"children":2303,"level":1216,"listItem":1217,"markDefs":2308,"style":190},"k5",[2304],{"_key":2305,"_type":174,"marks":2306,"text":2307},"k4",[],"You borrow against the invoice value, collect payment from your customer as normal, then repay the lender; the arrangement stays confidential",[],{"_key":2310,"_type":170,"children":2311,"level":1216,"listItem":1217,"markDefs":2315,"style":190},"k8",[2312],{"_key":1189,"_type":174,"marks":2313,"text":2314},[],"Unlike invoice factoring, you keep control of your customer relationships and credit management",[],{"_key":1197,"_type":170,"children":2317,"level":1216,"listItem":1217,"markDefs":2321,"style":190},[2318],{"_key":1200,"_type":174,"marks":2319,"text":2320},[],"SMEs, manufacturers, recruitment firms, and logistics companies in Singapore use it most frequently",[],{"_key":2323,"_type":170,"children":2324,"level":1216,"listItem":1217,"markDefs":2329,"style":190},"k14",[2325],{"_key":2326,"_type":174,"marks":2327,"text":2328},"k13",[],"Non-recourse invoice discounting transfers the default risk to the lender; recourse arrangements keep it with your business",[],{"_key":1205,"_type":170,"children":2331,"level":1216,"listItem":1217,"markDefs":2335,"style":190},[2332],{"_key":1213,"_type":174,"marks":2333,"text":2334},[],"Accounting treatment under SFRS depends on whether risks and rewards of the receivable have been transferred",[],[2337,2343,2349],{"_key":1183,"_type":170,"children":2338,"markDefs":2342,"style":190},[2339],{"_key":2297,"_type":174,"marks":2340,"text":2341},[],"Most Singapore businesses running on 60 or 90-day payment terms know this feeling well. The work is done, the invoice is out, but the cash won't land for another two months. And your payroll run, supplier payment, or next project cost isn't waiting around.",[],{"_key":2302,"_type":170,"children":2344,"markDefs":2348,"style":190},[2345],{"_key":2305,"_type":174,"marks":2346,"text":2347},[],"Invoice discounting is one of the more straightforward ways to close that gap. You're not taking on new debt; you're just pulling forward money you've already earned. Your invoices become collateral, you get an advance against them, and once your customer pays, you settle with the lender. The whole thing can stay completely invisible to your customer.",[],{"_key":2310,"_type":170,"children":2350,"markDefs":2354,"style":190},[2351],{"_key":1189,"_type":174,"marks":2352,"text":2353},[],"Below, you'll see how invoice discounting works in practice, what it actually costs, how it compares to factoring, and what to check before you sign anything.",[],"2026-07-10T00:00:00.000Z",{"_type":149,"metaDescription":2357,"metaTitle":2358,"socialShareImageUrl":2359},"Learn what invoice discounting is, how it works for Singapore businesses, and how it compares to factoring with SGD examples, MAS context, and a process guide.","Invoice discounting: What it is and how it works",{"_type":154,"alternativeText":2291,"height":1055,"url":2292,"width":1057},"invoice-discounting-explained",[2362,2369,2375,2381,2387,2393,2399,2407,2413,2421,2427,2434,2442,2449],{"_key":1183,"_type":170,"children":2363,"level":1216,"listItem":2367,"markDefs":2368,"style":190},[2364],{"_key":2297,"_type":174,"marks":2365,"text":2366},[],"Monetary Authority of Singapore (MAS) – Payment Services Act","number",[],{"_key":2302,"_type":170,"children":2370,"level":1216,"listItem":2367,"markDefs":2374,"style":190},[2371],{"_key":2305,"_type":174,"marks":2372,"text":2373},[],"https:\u002F\u002Fwww.mas.gov.sg\u002Fregulation\u002Facts\u002Fpayment-services-act (25 June 2026)",[],{"_key":2310,"_type":170,"children":2376,"level":1216,"listItem":2367,"markDefs":2380,"style":190},[2377],{"_key":1189,"_type":174,"marks":2378,"text":2379},[],"Enterprise Singapore – Official Website",[],{"_key":1197,"_type":170,"children":2382,"level":1216,"listItem":2367,"markDefs":2386,"style":190},[2383],{"_key":1200,"_type":174,"marks":2384,"text":2385},[],"https:\u002F\u002Fwww.enterprisesg.gov.sg (25 June 2026)",[],{"_key":2323,"_type":170,"children":2388,"level":1216,"listItem":2367,"markDefs":2392,"style":190},[2389],{"_key":2326,"_type":174,"marks":2390,"text":2391},[],"Accounting Standards Council (ASC) Singapore – Official Website",[],{"_key":1205,"_type":170,"children":2394,"level":1216,"listItem":2367,"markDefs":2398,"style":190},[2395],{"_key":1213,"_type":174,"marks":2396,"text":2397},[],"https:\u002F\u002Fwww.asc.gov.sg (25 June 2026)",[],{"_key":2400,"_type":170,"children":2401,"level":1216,"listItem":2367,"markDefs":2406,"style":190},"k20",[2402],{"_key":2403,"_type":174,"marks":2404,"text":2405},"k19",[],"DBS Bank – Invoice Financing",[],{"_key":1220,"_type":170,"children":2408,"level":1216,"listItem":2367,"markDefs":2412,"style":190},[2409],{"_key":1227,"_type":174,"marks":2410,"text":2411},[],"https:\u002F\u002Fwww.dbs.com.sg\u002Fsme\u002Floans\u002Ftrade-finance\u002Finvoice-financing (25 June 2026)",[],{"_key":2414,"_type":170,"children":2415,"level":1216,"listItem":2367,"markDefs":2420,"style":190},"k26",[2416],{"_key":2417,"_type":174,"marks":2418,"text":2419},"k25",[],"OCBC – Invoice Financing",[],{"_key":1232,"_type":170,"children":2422,"level":1216,"listItem":2367,"markDefs":2426,"style":190},[2423],{"_key":1239,"_type":174,"marks":2424,"text":2425},[],"https:\u002F\u002Fwww.ocbc.com\u002Fbusiness-banking\u002Fsme\u002Floans\u002Finvoice-financing.html (25 June 2026)",[],{"_key":1247,"_type":170,"children":2428,"level":1216,"listItem":2367,"markDefs":2433,"style":190},[2429],{"_key":2430,"_type":174,"marks":2431,"text":2432},"k31",[],"Singapore Department of Statistics (SingStat) – Enterprises: Latest Data",[],{"_key":2435,"_type":170,"children":2436,"level":1216,"listItem":2367,"markDefs":2441,"style":190},"k35",[2437],{"_key":2438,"_type":174,"marks":2439,"text":2440},"k34",[],"https:\u002F\u002Fwww.singstat.gov.sg\u002Ffind-data\u002Fsearch-by-theme\u002Findustry\u002Fenterprises\u002Flatest-data (29 June 2026)",[],{"_key":2443,"_type":170,"children":2444,"level":1216,"listItem":2367,"markDefs":2448,"style":190},"k38",[2445],{"_key":1252,"_type":174,"marks":2446,"text":2447},[],"Ministry of Finance Singapore – Government Procurement",[],{"_key":1260,"_type":170,"children":2450,"level":1216,"listItem":2367,"markDefs":2454,"style":190},[2451],{"_key":1263,"_type":174,"marks":2452,"text":2453},[],"https:\u002F\u002Fwww.mof.gov.sg\u002Fpolicies\u002Fgovernment-procurement (29 June 2026)",[],1790931451809]