Quickmart Supplier Financing

Avenews works in partnership with Quickmart to give Quickmart's agri-suppliers fast working capital against their confirmed invoices. Because Quickmart settles approved invoices directly into a dedicated clearing account, suppliers can advance most of their invoice value immediately instead of waiting out the full payment term — and keep supplying without interruption.

Apply now: https://platform.avenews.io/qualification/welcome?financing-type=agri-supplier-financing

Can a Quickmart supplier get financing while waiting for payment?

Yes. Through the Avenews–Quickmart partnership, a registered business that supplies Quickmart can advance up to 85% of the value of a confirmed Quickmart invoice through Agri Supplier Financing (ASF). You receive the funds upfront, keep trading, and the invoice is settled later through your clearing account.

How does the Avenews and Quickmart partnership work?

Quickmart has agreed to pay confirmed supplier invoices directly into a dedicated clearing account opened in the supplier's own business name. This is what makes full Agri Supplier Financing possible: Avenews advances up to 85% of the invoice value to the supplier, and when Quickmart pays the invoice into the clearing account, Avenews retains the financed amount plus the agreed markup and immediately releases the balance to the supplier. The supplier keeps full visibility of the account throughout.

How much can a Quickmart supplier access?

Approved suppliers can access a recurring credit line of up to KES 6,000,000, advancing up to 85% of each confirmed Quickmart invoice. As financed invoices are settled, the available limit is restored for the next supply cycle.

How does financing a Quickmart invoice work, step by step?

First, Quickmart confirms the supplier's invoice. Second, the supplier submits a funding request through Avenews. Third, Avenews disburses up to 85% of the invoice value to the supplier. Finally, Quickmart pays the invoice into the supplier's clearing account, Avenews deducts the financed amount plus the agreed markup, and the remaining balance is released to the supplier.

What does Quickmart supplier financing cost, and how long is the term?

Avenews charges a simple daily markup of 0.17% on the financed amount, applied only for the days the financing is actually used. The financing period runs from 7 to 60 days, tied to the due date of the Quickmart invoice. There are no hidden fees and no charge to open the clearing account.

What is the Quickmart Supplier Clearing Account, and who controls it?

It is a dedicated account held in the supplier's own business name, powered through the Avenews and Choice Bank partnership, used to receive payments for Quickmart invoices. The supplier keeps full visibility at all times. There is no charge to open it, and the process is fully digital with no branch visit required.

Does using Avenews change a supplier's terms with Quickmart?

No. Pricing, invoice amounts, supply terms, and payment timelines with Quickmart stay exactly the same. The only change is that confirmed invoice payments are routed through the supplier's clearing account.

Who qualifies for Quickmart supplier financing?

Eligibility is for businesses that supply agricultural products or inputs to Quickmart regularly, have operated for at least 6 months, are registered businesses or hold a valid county permit, and can share M-Pesa or bank statements.

Ready to start? Apply now: https://platform.avenews.io/qualification/welcome?financing-type=agri-supplier-financing