How does FedaCash invoice discounting work?

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.

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

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.

What is embedded financing and how does FedaCash use it?

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.

How fast can I get funding from FedaCash?

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.

What are FedaCash cooperative savings packages?

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.

Is the FedaCash invoice generator free?

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.

What industries does FedaCash serve?

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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Business Loans10 min read4 July 2026FedaCash Team

Low-Interest Business Loans in Nigeria: Best Rates Compared (2026)

Find the lowest interest rates for business loans. Compare FedaCash at 5-15% APR vs banks at 25-32%. Save thousands.

Why Interest Rates Matter

A 5% vs 30% APR on NGN 1,000,000 over 12 months means NGN 50,000 vs NGN 300,000 in interest. The difference can make or break your business.

Lowest Interest Options

FedaCash Invoice Discounting: 5-15% APR, no collateral, 24-48 hours
FedaCash Cooperative: 5-15% APR, 3 months savings required
FedaCash Inventory: 5-15% APR, up to NGN 30M
BOI: 9-15% APR, lengthy application process
Commercial Banks: 25-32% APR, collateral required

Comparison

Provider	APR	Collateral	Speed
BOI	9-15%	Business plan	2-6 months
Banks	25-32%	Property	2-8 weeks
Digital	40-60%	None	Same day

Get low-interest financing. Download the FedaCash App from Google Play.

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