Business
JAM | Oct 23, 2023

Carbyne Capital Investments empowering local businesses through factor financing

Shemar-Leslie Louisy

Shemar-Leslie Louisy / Our Today

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Carbyne Capital Investments Limited cofounders, Martin Nesbeth (left) chief financial officer; and Rajiv Ebanks (right), chief executive officer. (Photos: Contributed)

Carbyne Capital Investments Limited (Carbyne), an emerging player on the Jamaican financial scene, headquartered in Kingston, is built on the pillars of innovation, trust and local support is dedicated to educating the market about factor financing as a viable alternative to accessing capital.

Factor financing is a financial service that enables businesses to convert their accounts receivables into immediate cash. This, in turn, helps clients maintain a steady cash flow, focusing on their core operations and business expansion. This innovative solution is a refreshing departure from traditional lending institutions, offering a tailored solution to meet the specific funding needs of their clients.

The process involves evaluating assets such as invoices, purchase orders, and contracts to ensure that clients qualify and can access the requisite financing solution seamlessly.

Rajiv Ebanks, CEO of Carbyne

Cofounded in 2016 by Rajiv Ebanks and Martin Nesbeth, Carbyne has been working behind the scenes collaborating with a diverse range of businesses to fuel its growth and prosperity. At its core, Carbyne was born out of a recognition that small businesses and entrepreneurs, particularly in the farming and tourism sectors, were grappling with the challenge of consistent funding due to unfavourable payment terms.

Rajiv Ebanks, CEO of Carbyne, said, “We view ourselves as more than just a financing firm. We act as strategic partners for businesses seeking growth and expansion. Our goal is to provide businesses with the capital they need to thrive in a dynamic market, fostering financial stability and growth within their respective sectors. We understand that many of our clients have limited access to traditional funding options, underscoring the significance of our role in sustaining the local financial ecosystem.”

Carbyne’s strength lies in its understanding of the financial challenges faced by local businesses and taking a personalised approach to crafting effective financial solutions for its clients.

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