Short-term capital for startups with revenue, for a fraction of the equity a raise would cost.

OnAfrica's PACT programme is built for Nigerian startups that already earn revenue and need fast, short-cycle capital to grow, without the heavy dilution of a traditional round.

Apply to be assessed

We’re starting with Nigerian startups operating in Nigeria.

You have revenue. Capital still doesn't reach you.

Banks ask for collateral that growing startups don't have. Equity rounds are slow, and they cost you a large share of the company you've built. Meanwhile your real revenue, the contracts, receivables, and recurring income already moving through your business, stays invisible to the people who could fund it. PACT was built to close that gap.

Working capital, structured around how your business actually earns.

PACT (Proprietary African Credit & Trust) is OnAfrica's financing approach for revenue-generating startups. Instead of a large equity round, qualifying founders may access short funding cycles, typically 90 to 180 days, structured against their revenue and receivables. The cost of capital is a small, transparent slice of equity, far less than a traditional round would take, allocated at a valuation agreed with you. You get the capital your business needs now, and you keep most of your ownership.

Short cycles

Funding designed in 90–180 day cycles, matched to your revenue rhythm.

Minimal dilution

A small, transparent cost of capital, a fraction of what a raise would cost in equity.

Revenue-led

Built for businesses with real income, contracts, and receivables today.

Built for Nigerian founders with real revenue.

PACT is designed for a specific kind of business. You're likely a strong fit if:

Nigerian-Registered & Operating in Nigeria

This pilot is open to startups registered in Nigeria and operating in the Nigerian market.

Generating Revenue

You have live, recurring revenue, not just a product idea or a pre-launch waitlist.

Real Receivables or Contracts

You have invoices, purchase orders, enterprise or government contracts, or recurring B2B income that capital can be structured against.

Clear Use of Funds

You need capital to fulfil an order, bridge a revenue cycle, or activate growth you can already see.

Technology-Enabled

Technology is core to how you deliver and compete, not a thin layer on a traditional business.

A Team That Can Execute

The people to deploy the capital well and repay within a short cycle.

If that sounds like your business, we'd like to hear from you.

A short, repeatable cycle.

1

Apply

Tell us about your revenue, receivables, and what you need the capital for. A few minutes is enough to start.

2

Assessment

Our team reviews your business against the PACT criteria. If it's a fit, we'll take you through the details.

3

Short-Cycle Facility

If selected, capital is structured in a short cycle, typically 90 to 180 days, around your revenue.

4

Build a Track Record

Founders who perform can access simpler, faster repeat cycles over time as a documented history builds.

Fund your growth. Keep most of your equity.

A traditional round can cost you a large share of your company for capital you needed at a single moment in time. PACT is designed to do the opposite: meet a short-term need for a small, transparent cost of capital, so the ownership you've worked to build stays, overwhelmingly, with you. Less dilution. Faster cycles. Ownership that stays yours.

OnAfrica goes beyond funding

Backed by one of Africa's strongest startup track records.

OnAfrica is built on the Startupbootcamp AfriTech ecosystem, capital, mentorship, and networks that help founders put capital to work well.

8 years

building with African founders

200+

startups accelerated through Startupbootcamp AfriTech

$200M+

in follow-on funding raised by portfolio companies

80%+

of alumni still operating and scaling

Apply to be assessed.

Tell us about your business. Every application is reviewed confidentially by our team. Applying is not an offer of finance, it's the first step in our assessment.

Confidential. No obligation. We'll be in touch if your business is a fit.

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