Dolabomi Onanuga's Contact Details

Dolabomi Onanuga's Company Details

Capsa Technology Inc

, Delaware, United States • 10 Employees
Information Technology & Services

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 riskThis 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.