Once, Invoices are approved and discounted, the amount is directly credited in your bank account. You can always change your bank account through Settings.

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.

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.

LAMAA is a SAMA registered private entity that deals with secure information and complies with the Kingdom’s Personal Data Protection Law.

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.

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.

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!

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.

Invoice discounting is the practice of using company's unpaid invoices to raise working capital & fulfil its financial needs.