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 in installments based on the period you chose: 30, 60, or 90 days
30 day term: one repayment on 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
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
ASF 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
One repayment at the end of the financing period
Available periods: 7, 14, 21, or 28 days
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.