PaySupp is a fintech startup focused on Supply Chain Finance to empower businesses to early collect their receivables.
PaySupp facilitates and manage the process between corporates, suppliers and the banks. Banks fund the invoices using PaySupp platform and technology.
PaySupp is registered in Egypt and fully compliant with the Central bank of Egypt.
Any licensed company in Egypt can use PaySupp.
In Supply Chain Finance, recourse is on suppliers which means that the early payment shall be recorded on the Supplier balance sheet as bank debt and Supplier shall be required to settle the debt at maturity in case the corporate didn’t pay.
In Buyer Led Supply Chain Finance, recourse is on Corporates which means that the early payment option shall be recorded as debt on the Corporate balance sheet and supplier shall have no liability to settle the debt at maturity in case the Corporate didn’t pay.
No upfront payment required
Empower your business with simplified Supply Chain Finance