INSIGHT

Launch of Exim Supply Chain: A Fully Automated Financing Solution for Businesses

Mon Mar 23 202612:41:12 PM
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Launch of Exim Supply Chain: A Fully Automated Financing Solution for Businesses

We have noted that many businesses, particularly small and medium-sized enterprises (SMEs), continue to face challenges in accessing financing. Common hurdles include cash flow gaps, high financing costs, fragmented business relationships, reliance on manual processes, as well as limited access to working capital often locked within supply chain cycles, which can slow operations and limit growth opportunities.

To address these challenges, we have launched Exim Supply Chain, a fully automated Supply Chain Finance platform designed to simplify and accelerate access to financing for businesses and SMEs. Through this solution, the Bank aims to create a more inclusive financing ecosystem by enabling both buyers and suppliers to benefit from improved access to affordable financing.

With Exim Supply Chain, customers can submit financing requests directly from their offices through an online platform, with funds disbursed within approximately 15 minutes after submission of a complete application. The platform offers a range of financial services, including supplier financing, payable finance, LPO financing, distributor finance, and factoring, covering both buyer-centric and supplier-centric financing needs.

The solution operates through a single integrated system managed entirely by Exim Bank, eliminating the need for third-party intermediaries and ensuring a seamless end-to-end process from invoice submission to final settlement. Financing is provided based on the creditworthiness of the buyer, without requiring additional collateral from suppliers, dealers, and other service providers.

Exim Bank continues to provide financial solutions that address the broader needs of businesses, including trade finance services for both domestic and international transactions, working capital financing, and ongoing investments in digital banking to improve accessibility. The Bank also remains committed to empowering women and youth as part of its broader financial inclusion strategy.

Speaking during the launch, Chief Finance Officer Shani Kinswaga said the solution forms part of the Bank’s broader strategy to enhance access to financial services for all customers.

“The launch of Exim Supply Chain demonstrates our commitment to using technology to solve real business challenges. This fully automated solution enables businesses to access financing quickly, reduce working capital pressures, and strengthen relationships between buyers and suppliers,” he said.

Senior Manager for Trade Finance Business Operations & Service Delivery, Innocent Buzoya, noted that the solution is designed to address challenges related to access to financing within the business ecosystem.

“Exim Supply Chain has been designed to address the common obstacles businesses face in accessing financing. By digitizing the process, we reduce processing time and support smoother operations for SMEs and suppliers alike,” he said.

Head of Transactional Banking, Ishaq Samailla, added that the solution will help strengthen business relationships among key stakeholders.

“Through this solution, suppliers and service providers can access financing on time without complex requirements, which helps maintain continuity in business operations and strengthens trust across the supply chain,” he said.

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