How Fiducia Works
Fiducia works in different ways for different audiences, whether that is corporate buyers, suppliers, or financiers.
Fiducia offers services to support a company’s expansion and overall strength.
Steps For the Supplier-Led (Factoring)
- Vendor supplies goods or renders a service to Corporate
- Vendor uploads the invoice(s)
- Corporate validates and approves invoice(s)
- Financiers bid on uploaded invoices(s)
- Fiducia sends funding instruction to Financier
- Vendor gets funding from Financier
- Corporate pays Financier on due date
Steps For the Buyer-Led (Reverse Factoring)
- Vendor supplies goods or renders a service to Corporate
- Corporate uploads and validates the invoice(s)
- Vendor opts into Supply Chain Finance
- Bidding happens on Fiducia, and Vendor accepts bid from Financier
- Fiducia prompts Financier to fund Vendor
- Vendor gets funding from Financier
- Corporate pays Financier on due date
The Fiducia platform seeks to engender trust among the stakeholders engaged within the supply chain financing ecosystem and, ultimately, trade.
Adebayo Adewolu,
Chief Executive Officer at Trium Ltd
By offering early payment options to your Suppliers, you can negotiate better terms and secure their loyalty. This can lead to improved pricing and better delivery times, which can ultimately benefit your customers.
Imohimi Aig-Imoukhuede,
Chief Executive Officer at Fiducia
As inflation rises in Nigeria today, tightening your cash conversion cycle as a business can provide a strong buffer against increasing prices and sustaining a profitable business. The Fiducia Platform offers very important benefits in the existing trade relationship between suppliers and buyers
Chukwuka Amadife,
Chief Operations Officer at Fiducia