Working Capital Solutions for Ghanaian SMEs: Unlock Cash from Unpaid Invoices
Struggling with working capital while waiting 30 to 90 days for client payments in Ghana? Built Float provides up to 80% advance on unpaid corporate invoices in 24-48 hours.
Solving the SME Working Capital Squeeze in Ghana
For growing Ghanaian businesses, profitability on paper does not equal liquid cash in the bank. According to academic research on working capital management in Ghana (MDPI), non-financial firms and emerging enterprises face acute operational hurdles due to extended receivable cycles.
Whether delivering FMCG supplies to Melcom or Palace Supermarket, shipping raw materials to Ghana Rubber, or fulfilling catering orders for AH Hotel, Ghanaian SMEs regularly face 30, 60, or 90-day payment delays. During this time, rent, raw material purchases, utilities, and employee wages cannot wait.
Traditional commercial bank overdrafts require months of documentation, landed property collateral, and onerous personal guarantees. Built Float offers a modern alternative: turning your verified accounts receivable into immediate liquidity.
Why Invoices Lock Up Ghanaian Business Growth
When your business supplies a reputable corporate buyer or tier-1 retailer, you essentially extend an interest-free loan to your client. The delay between order fulfillment and cash settlement creates severe cash flow traps:
- Payroll Pressure: Weekly or monthly staff salaries cannot be deferred without risking talent attrition.
- Inventory Stockouts: Suppliers cannot accept new purchase orders (LPOs) because working capital remains locked up in previous deliveries.
- Vendor Penalties: Upstream suppliers cut off credit terms when payments are late.
Rather than taking on expensive long-term debt or losing company equity, Ghanaian businesses use invoice discounting via Built Float to advance up to 80% of verified invoice amounts within 24 to 48 hours.
How Built Float Unlocks Your Working Capital
| Step | Process | Timeline | | :--- | :--- | :--- | | 1. Upload Invoice | Submit your verified invoice (minimum GHS 3,000, up to GHS 250,000) and supporting delivery notes. | 5 minutes | | 2. Instant Review | Built Float evaluates the corporate buyer's creditworthiness. | Within 24 hours | | 3. Receive Advance | Receive up to 80% of the invoice value straight to your commercial bank account or business MoMo. | 24–48 hours | | 4. Settlement | When your corporate buyer settles at day 30, 60, or 90, Built Float remits the remaining 20% balance minus our transparent fee (4–5% per 30 days). | At invoice maturity |
Note: Repeat high-volume suppliers enjoy preferential fee discounts. For construction sector contracts, higher collateral or guarantees may be requested based on project milestones.
Built Float vs. Traditional Ghanaian Bank Credit
| Feature | Traditional Bank Overdraft / Loan | Built Float Invoice Advance | | :--- | :--- | :--- | | Speed to Disburse | 4 to 8 weeks | 24 to 48 hours | | Collateral Requirements | Land title, fixed property, cash lien | The verified invoice (accounts receivable) | | Eligibility Basis | Years of audited accounts & balance sheets | Creditworthiness of your corporate buyer | | Transaction Limits | Rigid fixed facilities | Scalable from GHS 3,000 to GHS 250,000 per invoice | | Pricing Model | High compounding APR + processing charges | Simple flat fee (4–5% per 30 days) |
Frequently Asked Questions
What is the minimum and maximum invoice size Built Float finances?
Built Float finances single verified invoices starting from GHS 3,000 up to GHS 250,000 across Ghana.
What fees does Built Float charge for working capital advances?
Our standard fee structure is 4–5% per 30 days, with reduced rates available for high-volume, repeat suppliers.
Do I need landed property or heavy collateral to qualify?
No. Unlike commercial bank loans, your advance is secured against the creditworthiness of your corporate debtor. However, construction contracts require higher collateral or guarantees due to verification complexity.