Help Centre
About Anchor Distributors
Who Anchor Distributors are and why they matter for Stockist Financing
An Anchor Distributor is a supplier that has been approved by Avenews to participate in Stockist Financing. Anchor Distributors are usually established input distributors that supply many stockists across the country.
Why Anchor Distributors matter
Stockist Financing only works with purchases from approved Anchor Distributors. This is what allows the product to run smoothly. Avenews has already worked out the details with the Anchor, which means your Funds Requests are quick to approve.
How the Anchor benefits
The Anchor is paid in full and upfront when you submit a Funds Request
The Anchor does not have to wait for the stockist to settle
Avenews carries the credit risk, not the Anchor
How you benefit
You get extended payment terms of 30, 60, or 90 days
Your Anchor is paid quickly, which protects your relationship
You can stock more goods than you could pay for upfront
Working with several Anchor Distributors
If you buy from more than one approved Anchor, you can use Stockist Financing with each of them. Your total credit line may be split across the different Anchors. See the article on working with multiple Anchor Distributors.