Help Centre
Funds Requests for Stockist Financing
How to use Funds Requests with Stockist Financing
With Stockist Financing, every time you want to buy from an approved Partner Distributor, 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 100% of the Partner invoice
The repayment period of 30, 60, or 90 days
The Partner Distributor the invoice is from
What you upload
The Partner Distributor's invoice
An online declaration confirming delivery
Where the money goes
After approval, the money is sent directly to the Partner Distributor's bank account. You do not handle the money yourself.
Multiple Funds Requests at the same time
You can have several Funds Requests running at once, as long as your total drawn amount stays within your overall limit. This is useful when you want to buy from more than one Partner or top up stock from the same Partner multiple times.
Example
Say you have a KES 1,000,000 limit. You submit a Funds Request for KES 300,000 with Partner A on Monday. On Friday, you submit another for KES 200,000 with Partner B. You now have KES 500,000 drawn and KES 500,000 still available.