For suppliers
Get paid early for goods you have already delivered.
The platform
Two sides. One marketplace.
Ankara runs anchor programs in both directions of trade: for an anchor’s suppliers and for its distributors.
The instruments
For distributors
Finance the stock you buy.
- Distributor finance
- Shariah-compliant dealer finance Not every financier offers this.
One platform, three licenses
Mtaji Nguzo
- What it is
- A white-label, hosted by Mtaji
- Who it suits
- A bank that wants SME assets under its own brand.
Mtaji Kiungo
- What it is
- The marketplace, connected
- Who it suits
- A bank or lender with an integration team.
Mtaji Mwanzo
- What it is
- The marketplace, through the portal
- Who it suits
- SACCOs and microfinance institutions.
Beside them, Ankalytics is the data product: the evidence behind every anchor program, in one place. About Ankalytics
How a transaction moves
Supply side: you sell to the anchor
- Money moves
- A document moves
- Goods move
- 1.Supplier: You deliver the goods or services to your anchor. (goods move to anchor.)
- 2.Supplier: You issue the invoice to your anchor. (a document moves to anchor.)
- 3.Anchor: Your anchor approves the invoice on the platform. (a document moves to financier.)
- 4.Financier: The financier pays you early, less the cost shown to you before you accept. (money moves to supplier.)
- 5.Anchor: On the due date your anchor pays the financier. (money moves to financier.)What happens if the anchor does not pay depends on the product: see who owes the money, below.
Who owes the money: Under Reverse factoring, your anchor carries the obligation and settles with the financier. You are not borrowing against your own balance sheet. Under Purchase order financing and Invoice discounting, you carry the obligation, the financing is with full recourse: if your anchor does not pay, or you do not deliver, you must repay. What the arrangement is in your program is set out in your financier’s documentation.
Buy side: you buy from the anchor
- Money moves
- A document moves
- Goods move
- 1.Distributor: You place a stock order with your anchor. (a document moves to anchor.)
- 2.Distributor: You request financing for the order on the platform. (a document moves to financier.)
- 3.Financier: The financier settles the anchor’s invoice. (money moves to anchor.)
- 4.Anchor: Your anchor delivers the stock to you. (goods move to distributor.)
- 5.Distributor: On the repayment date you repay the financier, whether or not the stock has sold. (money moves to financier.)
Who owes the money: Under Distributor finance, you carry the obligation. It is a credit facility to you, with recourse to you, and you repay it. Under Shariah-compliant dealer finance, you owe the agreed price of the goods you bought. You pay the agreed price on the agreed dates. It is a binding obligation: if you pay late, recovery follows documented Sharia principles.
Integration
ERP and core banking integration where it earns its cost, and file-based onboarding where it does not.