Suplias

Suplias

B2B e-commerce platform streamlining procurement for small retailers with seamless inventory management and delivery solutions.

HQ location
Lagos, Nigeria
Launch date
Employees
Enterprise value
$520—780k
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More about Suplias
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Suplias.com, operating under the brand name Obtainly, is a financial service provider that caters to distributors and suppliers. The company operates in the financial services market, specifically in the credit sector, offering short-term credit facilities to businesses. Its clients include distributors and suppliers of various companies, including GB Foods, MultiPro, Fareast, Chi Limited, and DND.

The business model of Obtainly is straightforward. Distributors sign up with Obtainly and make regular payments for their inventory through the platform. In return, Obtainly assigns them a credit line, which they can access within 24 hours with minimal documentation and no collateral. This credit line allows distributors to maintain their inventory without disrupting their cash flow. Similarly, suppliers can request funds with a client-issued LPO (Local Purchase Order), and Obtainly credits them within 24 hours.

Obtainly's revenue generation model is based on the interest charged on the credit provided to the distributors and suppliers. They claim to offer the best interest rates in the market, which makes them a preferred choice for many businesses. The company's quick disbursement of funds, minimal documentation requirements, and excellent customer service have earned them positive reviews from their clients.

Keywords: Financial Services, Credit Provider, Distributors, Suppliers, Short-term Credit, Low Interest Rate, Quick Disbursement, Minimal Documentation, No Collateral, Customer Service.

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