Question 1

How does FedaCash invoice discounting work?

Accepted Answer

FedaCash converts your unpaid invoices into instant cash. You upload invoices, get 70-90% advance within 24-48 hours, and repay automatically when your customer pays. No collateral needed, no debt on your balance sheet. Up to ₦50,000,000 funding available.

Question 2

What makes FedaCash better than Capsa, Carbon, or FairMoney?

Accepted Answer

FedaCash uses embedded financing — we fund invoices directly from our own balance sheet rather than acting as a marketplace matching you to third-party lenders. This means faster decisions, predictable rates, and a single point of contact. Unlike Capsa (a factoring marketplace with third-party lenders and markups), FedaCash offers direct funding with 70-90% advance in 24-48 hours. Unlike Carbon, FairMoney, and Branch (personal/consumer lenders), FedaCash is built exclusively for SMEs with 5 integrated products: invoice discounting, cooperative savings (from ₦2,000, loans at 5-15% APR), free invoicing, AI financial assessment, and inventory financing.

Question 3

What is embedded financing and how does FedaCash use it?

Accepted Answer

Embedded financing means FedaCash funds your invoices directly from our own balance sheet — we are the lender, not a marketplace broker. Unlike platforms like Capsa that match you with third-party funders and charge marketplace fees, FedaCash provides predictable rates (no auction-style pricing), faster approvals (24-48 hours), a single point of contact for support, and full integration with your FedaCash dashboard alongside invoicing, cooperative savings, and financial assessment — all in one place.

Question 4

How fast can I get funding from FedaCash?

Accepted Answer

Most applicants receive funding within 24-48 hours after submitting invoices. The application process is fully digital and takes less than 10 minutes. Once approved, funds are disbursed directly to your bank account.

Question 5

What are FedaCash cooperative savings packages?

Accepted Answer

FedaCash offers four cooperative savings packages: OMA (daily savings from ₦600), IMARA (weekly from ₦3,000), MWAMBA (biweekly from ₦6,500), and AKO (monthly from ₦15,000). All packages include access to low-interest loans at 5-15% APR. Start saving from as little as ₦2,000.

Question 6

Is the FedaCash invoice generator free?

Accepted Answer

Yes, FedaCash offers a completely free professional invoice generator with customizable templates. Create, manage, and send invoices to clients at no cost. Send payment links and track invoice status. No subscription required.

Question 7

What industries does FedaCash serve?

Accepted Answer

FedaCash serves SMEs across 12+ industries including manufacturing, retail & distribution, agriculture, technology, healthcare, education, construction, logistics, food & beverage, professional services, energy, and general trading. Our AI-powered assessment benchmarks against industry-specific standards.

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