3 Easy Steps To Unlock Funding For Your business

Educational Material

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15 October 2021

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Author: Somila Dayile

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How to unlock funding for your SME?


80% of SMEs are unable to access loans from traditional financial institutions such as banks. Traditional lenders fund businesses that have a good credit history, therefore disqualifying most of the SME population.

Akiba Digital’s small business tool, Insyts.ai, allows disqualified businesses to now access loans from multiple lenders. This is made possible by Akiba’s use of alternative datasets such as an SME’s day-to-day financial data to calculate the loan amount an SME can afford to pay.


How can you apply for a small business loan?


Step 1


Simply register an account for your business on Insyts.ai.


drawing

Step 2


Link your bank accounts, and POS (such as Ikhokha and Yoco).


drawing

Step 3

Apply for funding to as many lenders as you’d like. The more lenders you apply to, the higher your chances of being funded.


Step 4

Regularly monitor your Insyts.ai dashboard to see recommendations to help you grow your business.


Minimum requirements to receive funding:

  • Your business is registered for at least 6 months.
  • Your business has a record of 3 months bank statements.

Click Here to apply for funding.


These are some of the lenders you can access on Insyts.ai:

Business Fuel LogoPeoples Fund LogoRetail Capital Logo
Merchant Capital LogoSource Firm LogoFundrr Logo

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