Help Centre
How repayment works for Agri Supplier Financing
See how Avenews is repaid when the buyer pays
Repayment for Agri Supplier Financing is automatic. You do not have to do anything yourself. The whole process happens through your Clearing Account.
Step by step
On the invoice due date, your buyer pays the full invoice amount
The buyer pays into your Clearing Account, which is in your name and managed by Avenews
Avenews keeps the financed amount plus the markup
The remaining balance is sent to your business account
Worked example
Say you financed KES 850,000 against a KES 1,000,000 invoice for 30 days. The markup is KES 43,350. When the buyer pays the full KES 1,000,000:
Avenews keeps KES 850,000 (the principal)
Avenews keeps KES 43,350 (the markup)
Total kept by Avenews: KES 893,350
Sent to your business account: KES 106,650
What happens after repayment
Once the financing is settled, that part of your limit becomes available again. You can use it for your next Funds Request right away.
What if the buyer pays late
If the buyer pays after the due date, additional charges may apply. See the Repayment articles for the late repayment terms specific to Agri Supplier Financing.