FAQ
Invoice discounting is the practice of using company's unpaid invoices to raise working capital & fulfil its financial needs.
LAMAA enables decision-making by advanced algorithms which helps buyers to offer competitive discount rates on invoices. There is no requirement for promissory notes and no lengthy documentation. Decisions are quick and you have the funds required within a few hours.
LAMAA is the facilitator between you and the lender. We will reach out to your client to pay the invoice early – at a discount you are willing to offer! If the buyer is not keen, we reach out to banks, financial institutions and private investors to make the funding possible. We are almost always able to find you the funds you require!
Invoice discounting is the practice of using a company's unpaid invoices to raise working capital & fulfil its financial needs. Traditionally, financial institutions including banks and NBFCs have been discounting invoices for MSMEs. Invoice discounting involves transfer of rights on an asset (invoice) from the seller (i.e. business) to the financier (i.e. investor) at an agreed value.
Go ahead and click on the GET IN TOUCH to get registered. Once you are registered we will be in touch to set up the funding process. As soon as the setup is complete, you are ready to go get funded.
LAMAA is a SAMA registered private entity that deals with secure information and complies with the Kingdom’s Personal Data Protection Law.
Most businesses opt for financing options available in the market business loan from banks or financial institutions. These loans are primarily used for working capital and to help businesses with their short-term operational costs, expansion goals, upgrading equipment, et al. However, it’s a time-consuming process and does not target MSMEs. Here, Invoice or Bill discounting comes into play. Invoice or bill discounting is a practice where businesses sell their unpaid invoices to raise working capital. Not only is it seamless to access funds through invoice discounting, but is also quicker with businesses gaining access to the discount value of their invoice value in just a couple of days.
No. Invoice discounting is a transaction in which you are selling your invoices (asset) hence they do not impact in anyway your credit rating or history.
Once, Invoices are approved and discounted, the amount is directly credited in your bank account. You can always change your bank account through Settings.
Yes. You can choose the invoices that you wish to discount.
LAMAA GNPL allows business customers the freedom to choose how and when they want to pay. In other words, you can buy/consume products and services today and conveniently pay later up to 180 days. For MERCHANTS it presents a zero risk opportunity to increase sales and get paid immediately upon delivery.
LAMAA GNPL is a marketplace driving business growth for our Merchants. Get in touch to book a consultation with our specialist to learn.
LAMAA GNPL is designed for business like you. Get in touch to book a consultation with our specialist to learn if your merchant is in our network.
LAMAA is a Shariah Compliant Fintech company providing embedding finance solutions across the supply chain eco-system. Our technology and services connect companies of every size and sector as well as banks and financial institutions.
Yes. LAMAA services comply with AAOIFI Shariah Standards and are audited by a renowned firm.
Yes. LAMAA is a Saudi Arabia registered company and fully SAMA compliant
LAMAA is a Shariah Compliant Fintech company providing embedding finance solutions across the supply chain eco-system. Current services include Dynamic Discounting, BNPL and Investor Marketplace.
