Help Centre

Once you are approved for Agri Buyer Financing, here is how the product works in practice.

Step 1. Your supplier sends you an invoice

You agree to buy goods from your supplier. They send you an invoice and a delivery note. You may have already paid the supplier, or the invoice may still be unpaid.

Step 2. You submit a Funds Request

You log into the Avenews portal and submit a Funds Request. You upload the supplier invoice and delivery note, choose your repayment period of 7, 14, 21, or 28 days, and decide whether the request is for a paid or unpaid invoice.

Step 3. We review and approve

Our team reviews the request. Once approved, the next steps depend on whether the invoice is paid or unpaid. See the article on the difference between paid and unpaid Funds Requests.

Step 4. The money is sent

If the invoice was already paid, we send the financed amount back to your business account. If the invoice was unpaid, we send the financed amount to your supplier after you have paid the unfinanced part.

Step 5. The financing period starts

The financing period starts on the disbursement date. From this day, the daily markup begins to count.

Step 6. You repay

At the end of your financing period, you repay Avenews. There is one repayment, which covers the principal plus the markup.

Step 7. Your limit is restored

Once you repay in full, your limit is restored, and you can submit another Funds Request when you have your next supplier invoice.