Frequently Asked Questions (FAQs)
Credify is a digital platform that offers financing, payments and logistics management solutions for African importers. We help businesses unlock cross-border trade opportunities by providing fast access to funding, simplified payments, and efficient shipping services.
Credify offers invoice financing that allows you to access up to 80% of your invoice value paid directly to your overseas suppliers. Simply select and upload your invoice, and once approved, your supplier receives the funds in as little as 24 hours. You’ll then have up to 120 days to repay us, without the need for collateral.
To qualify for financing, your business must:
- Be a registered company in Africa.
- Be engaged in importing goods from global suppliers.
- Have valid trade documents such as invoices and contracts with suppliers. No collateral is required, and the application process is simple and fast.
Once your application is approved, you can receive funds in as little as 24 hours. Our streamlined process ensures that your business gets the financing it needs without unnecessary delays.
No, Credify does not require collateral for invoice financing. Our goal is to offer flexible and accessible financing to African importers without the burden of traditional collateral requirements.
Credify provides a comprehensive logistics management system that allows you to:
- Track shipments in real-time.
- Manage and access all your import documents.
- Receive updates and notifications on your shipments.
- Monitor payments and get insights into your trade activities.
Credify has a transparent service fee structure for financing and logistics services. The exact fees depend on the size of your transaction and financing terms. We’ll provide a detailed breakdown of all costs before you commit.
Yes, Credify offers a simple and efficient way to manage cross-border payments. You can make payments to your suppliers directly through our platform and track all payment transactions for better transparency.
To apply for financing:
- Sign up on the Credify platform.
- Upload your trade documents, such as invoices and contracts.
- Select the invoice you wish to finance.
- Submit your application, and our team will review it. Once approved, you’ll receive your funding in 24 hours.
Credify provides dedicated customer support to assist with any questions or concerns. You can reach us via email, phone, or WhatsApp for quick responses. We also offer a chatbot for fast assistance on common queries.