Fiducia Tackles SME Financing Gap With Supply Chain Forum

Fiducia, a leading digital supply chain finance platform, has taken move to bridge the financing gap that continues to stifle the growth of small and medium-sized enterprises (SMEs) in Nigeria.

This is even as the platform has hosted the South-South edition of its Factoring Forum in Port Harcourt. Themed “Unlocking Growth: The Power of Factoring for Business Expansion,” the event spotlighted the transformative potential of supply chain finance (SCF) in unlocking liquidity and accelerating SME growth, particularly in the oil and gas value chain.

Held for the first time in the region, the forum brought together a dynamic mix of financial experts, corporate leaders, and entrepreneurs to discuss how digital factoring can ease the working capital burdens faced by vendors and suppliers. With lending restrictions tightening and delayed invoice payments hindering business expansion, the event offered a timely solution in an increasingly strained financial landscape.

Group head, Commercial Banking Group (CBG) South-South at Access Bank, Evi Ufuoma Kanu, opened the session with a compelling message about the critical role of digital finance in regional development.

RELATED

Forget 2027, Presidency Tells Coalition’s ADC

4 hours ago

More Than 50% Of Medicines In Circulation Are Fake — Pharmacists

4 hours ago

“This platform is not only timely but strategic. It opens up real opportunities for SMEs working with large corporations to scale faster through easier access to finance. Everything they are going to say here today is the future, as FINTECH is innovative and making waves,” Kanu added.

At the heart of the forum was the message that factoring, an underutilised but powerful financial tool, can unlock trapped capital and strengthen entire value chains. By enabling suppliers to sell their receivables for early payment, factoring provides immediate liquidity and reduces dependency on conventional bank loans, which often come with high collateral demands and complex procedures.

The managing director and CEO of Fiducia, Imohimi Aig-Imoukhuede, emphasised the company’s mission to democratise access to finance through digital innovation.

“Fiducia was built to simplify and democratise access to working capital for SMEs. By digitizing the factoring process, we’re improving efficiency, unlocking capital, and building resilience across value chains,” he explained.

Fiducia’s digital platform enables vendors and suppliers to access early payment by trading their unpaid invoices with financiers, while offering corporate buyers better supplier relationships, enhanced liquidity, and competitive pricing. The model presents a win-win for both ends of the supply chain—boosting sustainability for SMEs and operational flexibility for large corporations.

The Port Harcourt edition of the forum is part of Fiducia’s nationwide campaign to deepen financial inclusion through scalable, tech-driven finance solutions. By targeting high-impact sectors like oil and gas, where payment cycles are often prolonged, the initiative aims to drive inclusive growth and empower SMEs to thrive in competitive markets.

With its expansion into the South-South region, Fiducia is positioning itself not only as a financial technology leader but also as a catalyst for sustainable business growth in Nigeria’s underserved regions.