Question 1

Who can use Agri Supplier Financing?

Accepted Answer

Grain millers and processors
Fresh produce suppliers
Livestock and animal product suppliers (dairy, meat, eggs)
Food processors and packers
Suppliers selling to supermarkets, manufacturers, wholesalers, hotels, and restaurants

Question 2

What happens after I apply?

Accepted Answer

We review your business and invoices, then guide you to the right option based on your needs. You don’t need to choose between Agri Supplier Financing Express or Full Agri Supplier Financing upfront.

Question 3

How do you decide how much I can access?

Accepted Answer

Access is based on your invoice value, business activity, and repayment history. Limits can increase as your volumes grow and you repay on time.

Question 4

Why is Agri Supplier Financing Express different from Full Agri Supplier Financing?

Accepted Answer

Agri Supplier Financing, whether Express or Full, is ongoing, giving you continued access to cash from approved invoices as long as you have available limit.
ASF Express:
Access up to KES 1.5M
Finance invoices for 7–45 days
Receive up to 85% of invoice value
Repay Avenews at the end of your selected period
Full ASF:
Access up to KES 6M
Finance invoices for 7–60 days
Receive up to 85% of invoice value
Financing is settled automatically when your buyer pays

Question 5

What changes when I move to Full Agri Supplier Financing?

Accepted Answer

Full Agri Supplier Financing offers:
Higher limits
Longer tenure
Lower daily markup
Buyer-settled repayment

Question 6

What if my buyer delays payment?

Accepted Answer

With Agri Supplier Financing:

Repayment is tied to your buyer’s invoice payment. Financing runs until the invoice due date (7–60 days). Markup accrues at 0.17% per day until the buyer pays.
When payment comes in, Avenews settles the financed amount and markup automatically, and you receive the balance.
With ASF Express:

You repay Avenews on your chosen due date (7–45 days), even if your buyer pays later.
A daily markup of 0.23% applies for the period you use the funds.
Late charges apply only if you miss your due date.

Question 7

Can I choose which invoices to finance?

Accepted Answer

Yes, you can select the invoices you want to use for financing.

Question 8

Is there a limit to how many invoices I can finance?

Accepted Answer

You can finance multiple invoices, as long as the total does not exceed your approved credit limit.

Question 9

What if I want to repay early?

Accepted Answer

For ASF and ASF Express, if you repay before the end of your agreed period, 100% of the markup for unused days is rewarded as a credit and applied to your next funds request.

Question 10

What happens if I repay late?

Accepted Answer

Late repayments attract additional charges. It’s important to repay on time or communicate early if there’s a delay.

Question 11

What happens after I repay?

Accepted Answer

Once you repay the financed amount plus the markup, your credit limit is restored so you can finance more invoices in the future.

Question 12

What documents will I need?

Accepted Answer

You’ll need:
Business registration details
Invoices
Transaction history (MPESA or bank statements)

Question 13

Do you take control of my business or buyers?

Accepted Answer

No. You remain in full control of your business. Agri Supplier Financing only supports cash flow linked to invoices.

Question 14

How much does it cost?

Accepted Answer

We charge a daily markup of 0.23% on the financing value. There are no hidden fees. You can find the exact cost in our price calculator.

Question 15

How long is the financing period?

Accepted Answer

The financing period is 7, 14, 21, or 28 days based on your business cycles.

Frequently asked questions