Merchant advances provide financing to merchants against their own trade receivables and sales proceeds. They cover e-commerce trade receivables, online travel agency (OTA) sales and EV leases in Hong Kong, Mainland China, Singapore and Australia. EV leases finance electric vehicles for drivers on ride-hailing and mobility platforms.
Typical profile
| Item | Typical profile |
|---|---|
| Asset types | E-commerce trade receivables, OTA sales, EV leases |
| Markets | Hong Kong, Mainland China, Singapore, Australia |
| Tenor | 1–365 days |
| Loan size | US$20K–200K |
| IRR post-NPL | 20–30% |
How CHUAN participates
CHUAN co-lends as senior lender alongside platforms that serve growing SMEs and e-commerce merchants. Financing is revenue-based, with platform-aligned protections and data-connected risk monitoring. Platform first-loss support and platform-supported repayment interception help direct collections to CHUAN-designated accounts, and ongoing servicing and collections infrastructure supports the assets after funding.
About the return figure
IRR post-NPL is shown net of credit losses and annualized.
The profile reflects CHUAN's own programmes together with typical levels across the market segment; individual programmes differ.
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