Ziada was founded when we identified the need for a dedicated factoring offering for African businesses that wanted to improve their cash flow without needing to gear their hard assets.
We specialize in traditional factoring, supply chain finance and forfaiting programmes intended to benefit businesses throughout Africa, enabling clients to accelerate cashflows and as a suitable alternative to typical bank debt. Our solutions rely on credit enhancement, by means of trade credit insurance or by other forms of financial guarantee where required.
Industries we support:
- • logistics (trucking, freight and transportation)
- • agriculture and agro processing
- • recruitment, payroll and staffing
- • renewable energy
- • business services and
- • information technology and telecom
Ziada Credit Solutions is incorporated in Mauritius and obtained a special license for factoring services for offshore activity since 2018. The company also has operations and entities incorporated in the United Kingdom and South Africa, while its primary banking partner is Standard Bank (Mauritius) Limited.
WHAT WE CHAMPION
FACTORING IS THE CATALYST TO UNLEASH TRADE DEVELOPMENT
In most advanced economies, the USD 3.7-trillion factoring industry is a major source of working capital for businesses and represents c. 10% of the global finance market. As far as factoring volumes go, Africa remains a marginal player accounting for only 1% of the world's and 3% of the continent's finance market.
In recognition of Afreximbank's official position towards factoring for SMEs, Prof. Benedict Oramah, President of Afreximbank, opined that "the immense contribution that factoring can make to small and medium scale enterprises (SMEs) is the primary reason that has made this financing tool one of the most attractive to businesses across the world".
ZIADA PROMOTES FACTORING IN AFRICA
Growth in factoring provides the means to African businesses to increase trade volumes by using open account terms to trade more competitively on the global stage.
As factoring gains momentum as an alternative source of finance to the largely underserved MSME's on the continent, it is contributing to the development of the financial markets by reducing the barriers to finance and accelerating the African growth engine.
Ziada is dedicated to providing factoring solutions that assist with the early monetisation of supply chains in trade and services, as well as the selective importation of capital goods. By offering an alternative to traditional financing, we promote supply chain resilience and increase intra-African trade and delivery.
We are specifically set up for this purpose and this is what we do.