
PODCAST | Africa is ripe for receivables finance
African markets are among the fastest-growing for receivables finance, but the solution remains virtually unknown in many parts of the continent. Yet as a financing model, receivables finance, also known as factoring, lets businesses unlock cash tied up in unpaid invoices instead of waiting 30, 60, or even 90 days for payments. Through receivables finance, the supplier sells outstanding invoices to a third party - a factor - and the factor advances the majority of the invoice value, with financing linked to the underlying receivables and the creditworthiness of the debtor. The cash provided by the factor can then fund payroll, inventory, and essentially keep the wheels rolling before the buyer has completed payment.













