We are thrilled to announce that BuildNow has successfully raised $10,000,000 in its latest funding round, marking a groundbreaking milestone for MENAP’s first "Build Now Pay Later" solution. This significant capital injection will empower BuildNow to further revolutionize the construction and manufacturing sectors by providing raw materials financing to SMEs. With a mission to optimize cash flow and accelerate business growth, BuildNow offers a unique value proposition characterized by speed, ethics, ease, flexibility, and cost efficiency. Unlike traditional financing methods, our process is 10X faster, making it possible for businesses to secure the resources they need without enduring lengthy paperwork or delays.
As a 100% digital process, BuildNow streamlines the approval and funding process, enabling companies to focus on scaling their operations. Our commitment to ethical standards is reflected in our 100% shariah-compliant framework, ensuring that our financial solutions meet the highest standards of integrity. Moreover, the funding model is designed to be remarkably flexible—whether a business deals with any supplier or requires any material, BuildNow provides tailored credit terms to meet diverse needs.
This fresh infusion of funds will allow us to expand our platform, reach a larger number of SMEs across the region, and continue offering value-added services such as upfront cash payments to suppliers, resulting in material costs savings of up to 10%. Our goal is to empower businesses to overcome traditional financing hurdles so they can fully realize their growth potential and drive innovation within their industries. We are excited about the future and remain committed to transforming the way construction and manufacturing firms access and utilize vital resources.
