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In Partnership
With Association of Kenya Suppliers
Access funds from approved invoices. Take on more business.
More flexibility between delivery and payment to restock, fulfil orders and support customer demand.
Access up to 85% of approved invoice value
Up to KES 6M available
7–60 day financing periods
Pay only for what you use
"The challenge for many suppliers isn't finding business, it's managing the time between delivery and payment. ASF helps create more flexibility during that period"
Trusted by leading organisations & partners
Who It's For
Agri Supplier Financing is designed for Association of Kenya Suppliers agri-suppliers who:
Sell agricultural produce or inputs on payment terms
Need a smoother cash flow between delivery and payment
Have operated for 6+ months
Are registered businesses or valid county permit holders
Can share MPESA or bank statements
Association of Kenya Suppliers Supplier Benefits Program
Eligible Association of Kenya Suppliers suppliers financed through Agri Supplier Financing can access special benefits designed to reward continued use and successful repayment.
Welcome Benefit
30% discount on first financing cycle markup
Momentum Benefit
20% markup discount after two successful cycles
Estimate Your Financing Cost
Simple, Transparent Pricing
See how much financing could cost based on your invoice amount and financing period.
Association of Kenya Suppliers' Supplier Clearing Account
What it is
A dedicated account used to receive payments for financed invoices under the Agri Supplier Financing product.
• Held in your business (supplier) name
• Powered through the Avenews and Choice Bank partnership
• Used exclusively for financed invoice payments
• Enables secure settlement and restoration of your financing limit
How it works
Once payment is made:
• Financed invoices are paid into the Agri Supplier Financing Clearing Account
• Avenews deducts the financed amount and applicable markup
• The remaining invoice balance is transferred to your business
• Your financing limit is restored for future use
What This Means to the Supplier
• Suppliers have full visibility of the account
• Fully digital process with no branch visits required
• Payments are managed through a structured and secure process
• No additional charges for account opening
Why Agri Supplier Financing?
Continue Supplying Without Delays
Advance payment against confirmed Association of Kenya Suppliers invoices helps you continue restocking and fulfilling orders smoothly.
More Flexibility Between Delivery & Payment
Access financing tied to invoices you have already supplied to Association of Kenya Suppliers.
Transparent & Simple Pricing
A simple daily markup is charged only on the days financing is utilized.
Recurring Access to Financing
Once repayment is completed, your financing balance is restored for future supply cycles.
Frequently Asked Questions
Q: What is the Clearing Account?
A: The Association of Kenya Suppliers Supplier Clearing Account securely receives invoice payments from Association of Kenya Suppliers through the Avenews and Choice Bank partnership.
Q: Is the account in my business name?
A: Yes. The account is held in the supplier’s name, meaning payments made into the account are made to the supplier.
Q: Do I need to visit a Choice Bank branch?
A: No. The process is fully digital. The Avenews team supports the supplier through the account setup process.
Q: Will I see what happens in the account?
A: Yes. Suppliers have full visibility of the account and the related invoice payment activity.
Q: Are there charges to open the account?
A: No. There are no extra account opening charges to the supplier.
Q: What happens when my buyer pays the financed invoice?
A: Once your buyer pays the financed invoice into the Agri Supplier Financing Clearing Account, Avenews deducts the financed amount and applicable markup. The remaining invoice balance is then transferred to your business, and your available financing limit is restored.
Q: Does this change my relationship with my buyer?
A: No. Your pricing, supply terms, invoice amounts and payment terms with your buyer remain unchanged. Agri Supplier Financing simply allows you to access funds from approved invoices before payment is received.
Q: What happens to the invoice balance that was not financed?
A: Avenews finances up to 85% of an invoice, the supplier receives the financed amount After Avenews deducts the financed amount and mark up, the remaining invoice balance is transferred to the supplier.
Q: When can I start financing?
A: Once onboarding, verification and Clearing Account setup are complete, you can start financing eligible approved invoices through Agri Supplier Financing.
The process can be completed quickly depending on how fast the required documents are submitted.
Why Avenews?
Recurring Access
Cash out invoices, repay, and access financing again as your business keeps trading.
Clear, upfront costs
You pay only for what you use. No hidden fees.
Fast and simple
Once approved, funds are sent quickly so operations don't stop.
Human support
Real people to guide you, by phone, email, or WhatsApp.
What Our Clients Say
"Avenews imeturahisishia cash flow. Tunatoa pesa kwa invoice mapema, tunarestock, na biashara inaendelea hata oda zikiongezeka."
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