Why we started aqeel

We started aqeel in 2023 with the mission to make cash flow management easy and accessible to small and medium-sized businesses (“SMBs”) and support them with liquidity.  

Prior to aqeel, Anthony (co-founder) ran a small trading business and experienced a huge pain point with every transaction. The most pressing issue for his business and every other small business he dealt with was working capital. Every transaction involved seemingly endless negotiations about payment terms: suppliers demanded advance payment and buyers wanted to delay payment as long as possible. 

As a trading business manager, Anthony was stuck in the middle dealing with long cash conversion cycles and noticed that this is something most small business owners can relate to. Having a long cash conversion cycle is not only inconvenient because it binds working capital and internal resources, but could also even be deadly for a profitable company that hits a growth streak, as it occurred to Nike in its early days. 

aqeel was started with the goal to help SMBs take control of their cash flow and focus on Sell First, Pay Later. Since its inception, aqeel has developed into a fintech platform that empowers SMBs with: 

• Tracking cash inflows and outflows 
• Generating and issuing new invoices to their buyers 
• Offering payment options to their buyers 
• Extending payment terms on outstanding payables 
• Getting paid early on outstanding receivables 

...and much more. If you are a small business manager and want to take control of your cash flow, please reach out to us at hello@aqeel.finance to learn more or sign up at our platform aqeel.