Revolutionizing
working capital access
by providing
Factoring
Supply Chain Finance
Trade Receivables Securitization
through innovative solutions tailored to the specific needs of corporates.
Welcome to Afrigy
Revolutionizing
working capital access
by providing
Factoring Supply Chain Finance Trade Receivables Securitization
through innovative solutions tailored to the specific needs of corporates.
Afrigy Finance Company is a financial services company focused on revolutionizing working capital access for mid-sized corporates in Nigeria. These businesses, crucial to the economy's growth and innovation, often struggle with limited access to working capital. Afrigy addresses this challenge by providing innovative supply chain finance solutions tailored to the specific needs of mid-sized corporates.
Accelerating Cash Conversion Cycles
In today’s dynamic business landscape, efficient cash management is critical for sustaining growth and competitiveness. Our comprehensive approach can significantly improve a company’s cash conversion cycle by increasing Days Payable Outstanding (DPO) and reducing Days Sales Outstanding (DSO).
By extending payment terms to suppliers and accelerating the collection of receivables from customers, companies can optimize their cash flow, improve working capital management, and enhance their overall financial performance.
Accelerating Cash Conversion Cycles
In today’s dynamic business landscape, efficient cash management is critical for sustaining growth and competitiveness. Our comprehensive approach can significantly improve a company’s cash conversion cycle by increasing Days Payable Outstanding (DPO) and reducing Days Sales Outstanding (DSO).
By extending payment terms to suppliers and accelerating the collection of receivables from customers, companies can optimize their cash flow, improve working capital management, and enhance their overall financial performance.
Formula for Days Inventory Outstanding:
DIO = Inventory / Cost of Goods Sold x 365
Formula for Days Sales Outstanding:
DSO = Accounts Receivable / Revenue x 365
Formula for Days Payables Outstanding:
DPO = Accounts Payable / Cost of Goods Sold x 365
Formula for Cash Conversion Cycle:
CCC = DIO + DSO – DPO
What we do
Our Services
& Solutions
-
Supply Chain Finance (SCF)
-
Trade Receivables Securitization (TRS)
-
Factoring
Simplified process
Factoring Process of Afrigy
Obtaining finance is hassle-free...
Afrigy's factoring process involves the following steps:
01
Invoice Approval:
Upon approval of the invoice, Afrigy provides businesses with a significant portion of the invoice value, minus a factoring fee.
02
Risk Mitigation:
Afrigy assumes the risk of non-payment from the buyer, protecting businesses from potential defaults and ensuring cash flow predictability.
03
Collection:
Afrigy handles the entire invoice collection process, freeing up time and resources for businesses to focus on core activities.
04
Enhanced Cash Flow:
By providing immediate financing solutions, Afrigy enhances businesses' cash flow, enabling them to seize opportunities, expand, and compete effectively in the market.
our blog
Afrigy insights and resources
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