Capsa Technology Alternative Short Term Financing Solution for Businesses in Africa

We have built an online marketplace to buy and sell invoices for small businesses in Africa. Our platform allows small businesses to sell their invoices for immediate liquidity (cash) to support their business growth. In Nigeria and most parts of Africa, small businesses (SMEs) typically have to wait between 45 days and 60 days on the average to get paid after rendering services to large corporates (Anchors).

The long payment duration usually starve these businesses (which contribute over 50% of total GDP and over 70% to total employment in Africa) with the liquidity required to fulfil new orders –

Our solution addresses solves this challenge by allowing SMEs to access working capital leveraging the credit quality / rating of the large corporate they serve. This implies they get cheaper funds because the lender is taking on the risk of the large and known corporates, no need for collateral as the funding is backed by the large corporate.