Help Centre
Funds Requests for Agri Supplier Financing Express
How to use Funds Requests with Agri Supplier Financing Express
With Agri Supplier Financing Express, every time you want to finance an invoice, 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 invoice value
The buyer the invoice belongs to
The invoice due date, which sets the financing period
What you upload
One buyer invoice
A delivery note that proves the goods were delivered
How the financing period is calculated
The financing period is the number of days between the day you submit the Funds Request and the invoice due date. The shortest is 7 days and the longest is 45 days.
When the period actually starts
The financing period starts on the disbursement date, which is the day we send the money. So if your Funds Request was for a 30 day period, your repayment will be due 30 days after the disbursement date.
Worked example
You submit your Funds Request on 1 March
Your invoice due date is 31 March
Days between submission and due date: 30
We disburse on 3 March
Your financing period is 30 days
Your repayment is due on 2 April
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. Each one runs its own period and has its own repayment date.