Capsa Technology Inc - is a fintech company focused on streamlining and bridging the financial woes of SMEs in Africa - starting in Nigeria, have built a platform that gives businesses a smarter path to cash at cheap rates within 48 hours - called 'Getcapsa.com’. Getcapsa.com is an invoice factoring solution that helps businesses turn unpaid invoices into working capital and avoid bad debt that cripples their businesses. Factoring- a recognized global financial practice – is the act of selling a businesses’ receivables to a third party, known as a factor. The need for the Nigerian SMEs to have easy access to cash supports the necessity of Getcapsa.com, as it is a short-term resort to financing these businesses. Getcapsa offers SMES with quality receivables (from blue-chip companies) the following: • Eliminates the 30-120 day wait period businesses take to pay their outstanding invoices - Reduced days sales outstanding (DSO) • Faster access to funds for enhanced working capital • Enhanced borrowing capacity • Significantly lower borrowing cost unlike traditional invoice discounting via commercial banks • Less reliance on external sources of capital • Decreased credit and collection risk This means small-medium scale businesses no longer must wait for the traditional 30-120 days to get paid after every project completion, they can get paid within 48hrs by simply selling their unpaid invoice(s) on Getcapsa to available Factors (investors) – at no risk to them or their businesses. So, what are you waiting for? Getcapsa today and unlock your full business potentials.
