Carbyne Capital Investments seeking to expand supply chain solutions to Muslims
Director and co-founder of Carbyne Capital Investments Limited (CCI), Rajiv Ebanks. (Photo: Contributed)

KINGSTON, Jamaica — Carbyne Capital Investments Limited (CCI) is seeking to expand its services of supply chain solutions to the Muslim community to help grow their businesses.

According to a release, director and co-founder of CCI, Rajiv Ebanks, who was speaking at a Muslim Businesses Empowerment Seminar held in Ocho Rios, St Ann on Sunday, June 26, highlighted the benefits of supply chain financing solutions and how it supports businesses, particularly those within the Muslim community.

In explaining how the model works, Ebanks made it clear that the financial solutions are not treated as loans nor is it debt.

“It’s not an interest-based lending product…it’s not a loan, it’s not debt. We are in a trade space together… assign us your contracts, assign us your payments and we’ll you get you the capital needed” he said.

Furthermore, in addressing the group, Ebanks explained that the company seeks to accelerate cash flow, save time on accounts receivables and offers an affordable solution to financing for small, medium and large companies, irrespective of the industry. He went on to share the benefits of supply chain finance for small businesses and how Carbyne customises each transaction based on the needs of the client.

“We are talking no processing fees, no late fees… just what is agreed between you, our clients and Carbyne. It also reduces the risk of bad debt since the company does its own due diligence on the buyer. It gives you limitless funding opportunities to grow your business,” added Ebanks.

CCI was started in 2016 with one client in the farming industry. Through factor financing, the farmer was able to scale up his business, increase staff and maintain his supply chain with a large hotel.

Over the years CCI has expanded its services into several industries such as construction and mining, manufacturing, government services, marketing, recycling, creatives and agriculture given the great demand for this type of financial product in all sectors.

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