Help Centre
What is Stockist Financing
Buy inputs from approved Anchor Distributors with extended payment terms
Stockist Financing is a working capital product for stockists who buy inputs from approved Anchor Distributors. It lets you take stock now and pay over a longer period of 30, 60, or 90 days.
How it works at a high level
When you want to buy from your Anchor Distributor, you submit a Funds Request through Avenews. We pay the Anchor Distributor in full for your purchase. You then repay Avenews over the period you chose, in equal installments.
Why it helps stockists
You can stock more goods without paying your Anchor upfront
You sell the goods, collect cash from your customers, then repay
You build a stronger relationship with your Anchor Distributor
Your Anchor gets paid quickly, which means better terms for you
Who is involved
There are three parties in Stockist Financing:
You, the stockist, who is buying the inputs
The Anchor Distributor, your supplier, who has been approved by Avenews
Avenews, who pays the Anchor and gives you time to repay