Help Centre
Funds Requests for Agri Buyer Financing
How to use Funds Requests with Agri Buyer Financing
With Agri Buyer Financing, every time you want to use your limit, you submit a Funds Request. Here is how this works for this product.
What you choose when you submit
The amount you want to draw, up to 85% of the supplier invoice
The repayment period of 7, 14, 21, or 28 days
Whether the invoice is already paid or still unpaid
What you upload
The supplier invoice
A delivery note showing the goods were delivered
If the invoice is already paid, you also upload a proof of payment for the full invoice
If the invoice is unpaid, you upload a proof of payment after paying the unfinanced part to the supplier
Where the money goes
Where the money is sent depends on whether the invoice is paid or unpaid. See the next article for the full details on this.
Multiple Funds Requests at the same time
You can have several Funds Requests running at once, as long as your total drawn amount stays inside your approved limit. This is useful when you are buying from several suppliers in the same period.