Two companies, Lynch Capital Ghana Limited and Corlido Group from the Netherlands, have signed a partnership agreement to offer factoring and supply chain service that will assist local suppliers to have easy access to funds.
The move will also help industry players in the financial market clear their goods and complete procurement agreements with ease.
The Chief Executive Officer (CEO) of Lynch Capital, Mr Frederick Dodoo, signed for his company while the CEO of Corlido Group, Mr Cornelius Doevendas, initialled for his outfit.
In an address, Mr Dodoo said one of the challenges many local suppliers in Ghana faced had been the frustration of payment delays in the supply chain of services.
