Insights · Explainer · for anchors, financiers
Inside a program: from an anchor’s approval to a financier’s decision
A program looks simple from outside: an invoice is approved and someone is paid early. Underneath are agreements, roles and checks that decide whether the money moves correctly.
Mtaji Insights
Published 31 October 2026. 2 min read.
Written by the Mtaji Insights desk and checked against Mtaji’s product terms and publication rules before release. Editorial standards
In brief
- Each party signs one master agreement for its role. Changes to a program are amendments, not new contracts.
- The anchor confirms, the financier decides and funds, and Mtaji runs the platform without lending or pricing.
- Suppliers and distributors see the full cost before they accept, and every step leaves a record.
A supply chain finance program rests on agreements, roles and checks that most participants never see. This is how a program on the platform is put together, and who does what once it runs.
Three parties, one set of terms
A program brings together an anchor, one or more financiers, and the suppliers and distributors the anchor trades with. Each participant accepts one set of platform terms, written into every participation agreement and every program, so they are not renegotiated deal by deal. Each party signs one master participation agreement for its role. Adding a product to a program, raising its limit or adding a currency is an amendment agreed on the platform by the anchor, the financier and Mtaji, not a new master agreement.
The anchor confirms
The anchor’s trade data reaches the platform from its ERP, from a standard template or by manual entry, and a second person checks each entry before it counts. The anchor then confirms the events financing depends on: an invoice approved, an order confirmed, stock dispatched. It does not lend, and it does not price the financing.
The financier decides
The financier sets limits within the anchor’s program, makes each credit decision on its own terms, prices the financing and funds it from its own balance sheet. Mtaji never lends.
The supplier or distributor chooses, with the cost in view
Before every trade, a supplier sees the product, the amount payable to it and every deduction, with the effective annualized cost. Before each drawing, a distributor sees the amount financed, the total repayable, the due date and the effective annualized cost. Nobody accepts a cost they have not seen.
Mtaji runs the platform, and stays out of the trade
Mtaji operates the platform: onboarding, the agreements, the flow of confirmations and payments, and the record of each step. It administers programs but does not price them or trade in them. Bank account details can be changed only inside the platform, and we never ask anyone to change them by email or phone.
A record each party can rely on
Every step leaves a record of who confirmed what, when and on which document. That record is what lets a financier rely on an anchor’s approval, lets an auditor follow a payment from start to finish, and lets a supplier or distributor build the trading history that widens its access next time.