Funding Societies partners Haulio to provide ready credit to hauliers

Singapore

SOUTH-EAST Asia's largest SME digital financing platform, Funding Societies, is partnering Singapore's leading haulier network, Haulio, to speed up payments to the latter's fleet of haulier partners across the region, according to a joint release on Tuesday.

Pre-approved credit facilities from Funding Societies are now available on Haulio's digital platform, which allows Haulio's partners to enjoy access to early payment services in as short as seven days, as compared to the industry's standard of 30 days or more, according to the release.