Homepage
A factoring as a service platform that enables banks to provide trade finance to businesses.
As a bank, launch a factoring program in under 90 days with our platform and capital.
Grow Your Way, On Your Terms
With a Tailored Patasente Account
One Account With Amazing Benefits
Our Impact
Faster cashflow. Stronger supply chains. Growing Businesses.
Covered Countries
5
+
Served Accounts
1000
+
Transaction Volumes
$
40
M+
Advanced Credit
$
20
M+
Come On, Open Your Account Today!
You deserve a long term partner that cares about your journey.
Personal
Ugx
5000
/mo
-
For farmers, sole traders, freelancers and employees.
Company
ugx
50000
/mo
-
For cooperatives, partnerships and companies.
One account, Endless possibilities.
Pay, borrow, save, and grow without limits.
Frequently Asked Questions
It’s our pleasure to answer any questions you have
How does Factor Pay work?
You appoint Patasente to pay your suppliers on your behalf. You repay Patasente later on extended terms – 30, 45, 60, or 90 days. Your suppliers get paid immediately.
What do buyers need to qualify?
Minimum 3 years operating history, positive tangible net worth, and at least 90% on-time payment history. You also need to open a settlement account with our partner bank
Do I need collateral?
No. We finance against your approved invoices. A lien on your settlement account secures repayment – no traditional collateral needed.
Can I dispute invoices?
You must notify Patasente in writing within 7 days. The undisputed portion must be repaid by the due date.
How does Early Pay Work?
You send an invoice to your buyer on the platform. Once the buyer approves it, you request early payment. Patasente pays you within 24 hours.
How fast do suppliers get paid?
Within 24 hours of buyer approval – not 30, 60, or 90 days later.
What are the fees?
Factoring fees range from 3-6% per 30-day cycle, based on the buyer's risk rating. Fees are deducted automatically from your payment.
How does Freight Pay work
Patasente pays your shipper and inventory suppliers directly. You receive your goods first, then pay later – on receipt or on extended terms.
