Patasente Inc A factoring platform for SMEs, workers and suppliers.

Patasente is factoring platform SMEs use to buy or sell on favorable payment terms. A buyer contracts Patasente to deliver goods payable later. We order a supplier- our principal- to fulfill the order and pay them an advance or on delivery. On one hand we extend payment terms for agro-processors and on the other hand shorten them for farmers. This enables the SMEs to buy more, grow and create jobs while on the other hand help farmers to sell more and earn more from their farming activities.

Exclusive traditional banking has not only limited SME’s buying capacity but also caused market exclusion for farmers who fail to sell what they produce. This also means financial exclusion for the small holders. Patasente’s factoring approach uses a creditworthiness alternative to enable SMEs access supply credit and at the same time allow producers to be paid on time. Our solution addresses the payment terms pains faced by buyers and suppliers in agro-markets.