invoizPAID provides easy and quick access to working capital without cumbersome paperwork, collateral or any hidden charges.
We charge 4% flat monthly fees. Our rates are very competitive as micro-finance banks charge 5% and our competitor's charges between 7-13% monthly.
No. Our rates are very competitive as micro-finance banks charge 5% and our competitor's charges between 7-13% monthly.
No. We offer a short-term loan, maximum of 6 months.
For first time merchants, we can give between N300,000 to N2 million, However, for returning clients we give up to N20 million.
We pride in our promptness to merchants needs, it takes 2-3 days from business verification to disbursal if your loan request is approved.
For easy payment, we request a fixed amount weekly which is deducted from your proceeds/payment. Weekly payment = ((Principal + Interest)/number of weeks).
For default, we charge merchant 0.33% of the outstanding daily.
Yes, as part of our loan approval process, you'll be required to have mandatory Fire and Theft Insurance, you will also be required to provide signed blank cheques from a personal current account.