Supply chain financing, also known as supplier finance or reverse factoring, is an important financial tool in Pakistan that helps businesses optimize their working capital and streamline their supply chain operations.
Let’s take a look at the supply chain financing scenario in Pakistan.
Pakistan is a developing economy with an established financial sector.
Pakistan has a well-organized network of banking and financial institutions tied with a central bank ‘The State Bank of Pakistan’.
The Micro, Small, and Medium Enterprises (MSME) sector plays a pivotal role in Pakistan’s economy, contributing significantly to job creation, income generation, and overall economic expansion. Despite its importance, the MSME sector in Pakistan faces several challenges in access to formal financing.
Pakistan has a sizeable footprint of supply chain businesses but like other SMEs, they also face financial access challenges.
Informal and undocumented business is the major reason for this financial handicap of supply chain businesses.
Considering these challenges. InvoiceMate has come up with tailored financing solutions for the supply chain industry in Pakistan.
InvoiceMate Tech is a DIFC (Dubai International Finance Center) Incorporated fintech company operating in the UAE and Pakistan.
InvoiceMate acts as a bridge between SMEs and Financing Institutions that connects them for quick and secure working capital financing.
InvoiceMate is the world’s first blockchain and AI-powered invoice financing enabler. InvoiceMate provides cutting-edge working capital financing solutions to suit industry-specific requirements.
InvoiceMate supply chain financing solutions are designed to cater to the financing requirements of SMEs in Pakistan.
Are you a Pakistan-based Supply Chain Business? Contact InvoiceMate for innovative financing solutions.