HSBC has launched a new trade finance solution that enables customers to upload sales invoice data online and draw down a loan against it, helping them access working capital fast.

Subject to eligibility criteria, HSBC TradeCash lets customers receive funds within minutes once all the required information has been submitted via HSBCnet and then approved, the bank says.

With no trade documentation needed, businesses can access working capital sooner than a buyer’s standard payment cycle of 30 days or more, helping to bridge cash-flow gaps, ease liquidity pressure, reduce administrative effort, and support growth.

“HSBC TradeCash is designed to help customers unlock cash tied up in receivables, with a digital journey that helps reduce administrative burden,” says Vivek Ramachandran, global head of trade at HSBC. “By providing fast access to funding, we’re helping businesses spend less time on paperwork and more time fulfilling orders, investing and expanding.

Working capital requirements are increasing amid cumulative global shocks and recent world events, leading to a shift in capital allocation priorities among many global businesses.

A recent HSBC survey of 3,000 business leaders and investors found that 88% globally and 91% in Singapore have recalibrated their capital allocation approach in response to increased volatility. In addition, 89% globally and 86% in Singapore are actively increasing capital deployment in high-growth markets.

The ongoing geopolitical disruption and tariffs are also increasing the cost of goods and contributing to shipping delays, further intensifying the need for accessible, efficient working capital solutions.

“Many suppliers find that longer payment cycles can tie up cash and put added pressure on day-to-day liquidity, which may hinder business growth,” notes Runa Baksi, head of Southeast Asia for global trade solutions at HSBC.

“HSBC TradeCash will provide sellers a simpler, digital route to financing, helping customers to unlock their working capital and save time on manual effort so they can focus on growing their businesses.”