The stress that every entrepreneur encounters in running their business on a daily basis can be exhausting. As a result, to relieve some of this tension, a digitalized corporate management solution is required. Float is a digital platform for credit and cash management for your company. Here is every vital detail regarding the organization that you should be aware of.
Float: A Quick Overview
Float is a company that assists you in managing your company’s cash flow. It also provides loans for your business to fund expenses such as payroll, marketing, and inventory. It essentially serves as a business’s financial manager.
The company runs on a digital platform that integrates cash management and credit management technologies. Essentially, you may use this to handle your business cash and take credit to run your firm. The site has a reputation for providing rapid credit to entrepreneurs with little hassle. More information can be found at The Credit Bureau in Nigeria: Facts & Figures.
Apply For: CBN Non-Interest Loan 2023
What kind of services does Float provide?
Essentially, the platform provides two services. Among the services offered are:
The platform aids in the management of your company’s cash flow. You can create an account and have it handle the majority of the work for you. It aids in the management of funds and speeds up the payment process. You can use the cash management tool to access the following services:
- All of your existing bank accounts can be managed from a single dashboard
To improve cash flow visibility, the platform provides a consolidated picture of all your company banking activity. This integrated approach also helps you to quickly skim over all of your financial duties, giving you more time to focus on growing your business.
- Team Banking Made Simple
On your account, you can grant access to multiple users. You may also set the authorization limit for each member of your company’s staff. In addition, you can keep real-time records of tasks and payments.
Make international and domestic payments with no additional fees.
You may use the platform to make international payments because it gives you access to a USD and NUBAN bank account.
2. Business Credit
Float is a line of credit that you can use to offset your business’s operating costs. As a result, you don’t have to be concerned about low cash flow or cash shortages. This business credit is simple to apply for, as well as quick and painless. Furthermore, by reporting your payment consistency to credit bureaus and institutions, the platform helps to strengthen your credit record. This contributes to their faith in you and your company.
Essentially, the platform aims to make your business run more smoothly by utilizing its business management and finance services.
How do I get my company listed on Float?
Follow the steps below to register your business on Float:
- Go to www.float.africa and look around.
- Next, on the “Get Started For Free” toolbar.
- Fill out the registration form with your information as well as information about your business.
- Get the app and check out all of the fantastic offerings.
You can also register your business straight through the mobile app. Simply download it to your smartphone, complete the registration form, and start using it.
What are the prerequisites for my company to register with Float?
To register with Float, your company must meet the following criteria:
- Your company must be registered.
- There are no defaulted loans on the books.
- You must have been in business for at least 6 months and have a yearly turnover of N10 million.
Finally, your company must have at least one bank account.
What is the procedure for downloading the Float mobile application?
Follow the steps below to download the Float mobile app:
- On your Android phone, go to the Google Play store. Go to the App Store if you have an iPhone.
- Type ‘float’ into the search bar.
- Install the app and sign up or log in.
How can I get in touch with Float?
You can contact Float in one of the following ways:
Email Address: firstname.lastname@example.org
The Float digital platform is essentially a management tool for your company. Basically, it aids you in keeping track of your company’s revenue and growth. Another benefit of using it is that you might gain credit for your company. Overall, the platform is appropriate for all types of enterprises.
Apply For: CBN Non-Interest Loan 2023