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Help Centre

How repayment works at Avenews

An overview of how repayments work across all Avenews products

Repayment is how you pay back the money you drew, plus the markup. The exact way you repay depends on the product you are using. Here is a high level overview of all our products.

Agri Credit Line

  • You repay based on the number of installments you chose: 1, 2, or 3

  • 1 installment: one repayment on any day you choose between day 7 and day 30

  • 2 installments: on day 30 and day 60

  • 3 installments: on day 30, day 60, and day 90

  • You repay Avenews directly

Agri Supplier Financing

  • Repayment is automatic through your Clearing Account

  • When the buyer pays the invoice, Avenews keeps the principal plus markup

  • The remaining balance is sent to your business account

Agri Supplier Financing Express

  • One repayment at the end of the financing period

  • You repay Avenews directly

  • The period is between 7 and 45 days

Agri Buyer Financing

  • 1, 2, or 3 installments, depending on what you are approved for

  • 1 installment: repaid on any day between day 7 and day 30. 2 installments: on day 30 and day 60. 3 installments: on day 30, day 60, and day 90

  • You repay Avenews directly

Stockist Financing

  • 30 day term: one repayment any time between day 7 and day 30

  • 60 day term: two equal installments on day 30 and day 60

  • 90 day term: three equal installments on day 30, day 60, and day 90

  • You repay Avenews directly

What is the same across all products

Every Avenews product calculates the markup daily, gives you a reward if you repay early, and applies late charges if you do not pay on time. The next articles cover early and late repayment in more detail.

Related Articles

Paying back early and the savings

Paying back early and the savings

How early repayment savings are calculated

How early repayment savings are calculated

What to do if you might be late

What to do if you might be late

Late charges by product

Late charges by product

What happens if your payment is late

What happens if your payment is late

After you finish repaying

After you finish repaying

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