Acudeen in the Philippines

Acudeen is an online platform for receivables discounting Our technology allows businesses to sell their receivables to our network of funders enabling them to receive funds ahead of time. How Acudeen Works We provide a sustainable solution helping SMEs to finance their invoices ahead of time and an alternative way for Funders to earn and […]

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Acudeen https://upfinance.com/app/uploads/2020/03/acudeen-logo-fb.jpg
Unit-7E Cypress Gardens Condominium, 112 VA Rufino Street, Legazpi Village, Makati City, Metro Manila, Philippines 1229
info@acudeen.com, (02) 8-817-0440
Interest rate 1% - 10%
Loan tenure from 1 to 12 months
Approval duration Up to 24 hours
Min. monthly income1

Acudeen is an online platform for receivables discounting

Our technology allows businesses to sell their receivables to our network of funders enabling them to receive funds ahead of time.

How Acudeen Works

We provide a sustainable solution helping SMEs to finance their invoices ahead of time and an alternative way for Funders to earn and diversify their income.

  • SMEs uploads their invoice
  • Invoices up for verification
  • Verified invoices up for auction
  • Funders bid on available invoices
  • Invoice ownership is granted to winning bid, SMEs gets paid
  • Funder receives repayment on maturity date of the invoice

Understanding Invoice Discounting

Invoice discounting is a flexible financial solution to businesses that has one or more unpaid invoices. This concept lets businesses sell their invoices to funders for the sum of their outstanding balances, here’s an explainer video for personalized just for you. Cash flow plays a vital role for every business because it enables them to operate efficiently on a day to day basis. Having a positive cash flow allows an entrepreneur to supply and finance their resources smoothly. Many of these small and medium enterprises struggle when larger corporation demands 30 to 120 days before they can receive their payment. This standard practice is killing their businesses.

Benefits of Invoice Discounting

  • Improve your cash flow. Ensure that your business has access to cash anytime, anywhere
  • Grow your business. Empower your business to take on more projects and orders from clients
  • Increase profitability. Provide early payments to your suppliers and take advantage of early payment discounts

Fast Cash Loan

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Find out about your chance to get a loan online.
Interest Rate 0% up to 10 000 PHP for each new client!
Interest Rate 11.9% per month up to 25 000 PHP
Minimum Loan Amount: 1 000 PHP
Maximum loan amount: 25 000 PHP

Product Features

Min. financing amount ₱1000000
Max. financing amount Up to ₱10000000
Min. loan tenure 1 months
Max. loan tenure 12 months
Interest rate 1% - 10%
Approval duration Up to 24 hours
Debt consolidation Yes

Example of calculating interest and loan payments

TERM 1 months 2 months 3 months 4 months 12 months
LOAN AMOUNT ₱5000000 ₱5000000 ₱5000000 ₱5000000 ₱5000000
FEE 1% 1% 1% 1% 1%
INTEREST AMOUNT ₱4167 ₱8333 ₱12500 ₱16667 ₱50000
TOTAL REPAYMENT ₱5004167 ₱5008333 ₱5012500 ₱5016667 ₱5050000

Other Requirements

Need to open linked banked account? Yes

FAQ

For you must be at least 18 years old to participate in the program. Both Filipinos and foreign citizens are eligible.

For institutions can participate as local and foreign financial, management or investment firms.

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There are two sides to evaluating and evaluating:

Payor Payment Score
Payments that relate to customers of account Sellers are subject to evaluation.Acudeen has partnered with selected credit bureaus to use their historical data as part of its verification system, combined with the risk of delay and non-fulfillment of the transaction based on the experience of the payer and seller.

Evaluation of the seller’s reputation is Obtained from initial registration to actual participation in the platform of account sellers, ensuring the integrity and quality of companies joining the Acudeen platform.

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Acudeen online store allows sponsors to place bets on specific accounts of their choice, all of which have been verified by Acudeen, the Average earnings of our sponsors is 15-25% per year.

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Contacts

Full company name Acudeen
Address Unit-7E Cypress Gardens Condominium, 112 VA Rufino Street, Legazpi Village, Makati City, Metro Manila, Philippines 1229
Phone number info@acudeen.com
E-mail (02) 8-817-0440
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