Factoring Agency Business

Factoring is a financial intermediary service where a company purchases receivables (invoices) from a business at a discount, providing the business with immediate working capital instead of waiting for payment terms to elapse. While relatively new to Rwanda's market, factoring is a well-established practice in developed economies.

SAMPRO Ltd plans to launch factoring services within the next 1–3 years, bringing this proven financial tool to Rwandan businesses seeking to improve cash flow and accelerate growth.

Account Setup Process

• Application submission and review

• Client list and accounts receivable aging report

• Sample invoice verification

• Underwriting assessment

• Possible request for incorporation documents, financials, or bank statements

Ongoing Funding Process

• Credit line drawdown against approved receivables

• For notification factoring: Notice of Assignment sent to the debtor

Purpose of Notice of Assignment

• Informs debtors that a factoring company now manages receivables

• Stakes claim on financial rights to receivables factored

• Updates the payment address (lock box) for remittance

SAMPRO Ltd plans to explore trade finance, agriculture value chain financing, forfaiting, and supply chain factoring as we expand our factoring capabilities to serve diverse sectors of Rwanda's economy.