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Working with multiple Anchor Distributors

How to use Stockist Financing with more than one Anchor

If you buy from more than one approved Anchor Distributor, you can use Stockist Financing with each of them. Here is how this works.

How your limit is split

Your overall credit line is set up across the Anchors you work with. Each Anchor may have its own portion. The total drawn across all Anchors cannot go above your overall limit.

Submitting Funds Requests across Anchors

  • You can have several Funds Requests running at the same time, across different Anchors

  • Each Funds Request runs its own period and its own repayment schedule

  • When one Funds Request is repaid, that part of your limit becomes available again

Worked example

Say you have a KES 1,000,000 overall limit, with KES 600,000 set up for Anchor A and KES 400,000 set up for Anchor B. You can submit a KES 500,000 Funds Request with Anchor A and a KES 300,000 Funds Request with Anchor B at the same time. After both Funds Requests are submitted, you have KES 100,000 of limit still available with Anchor A and KES 100,000 still available with Anchor B.

Why this is useful

If you stock products from several Anchors, you do not have to pick one. You can use Stockist Financing across all of them, matched to each purchase, with each one running on its own period.

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What is Stockist Financing

What is Stockist Financing

Who can apply for Stockist Financing

Who can apply for Stockist Financing

About Anchor Distributors

About Anchor Distributors

How much you can get with Stockist Financing

How much you can get with Stockist Financing

How Stockist Financing works

How Stockist Financing works

Funds Requests for Stockist Financing

Funds Requests for Stockist Financing

What documents you need for Stockist Financing

What documents you need for Stockist Financing

Pricing and financing period for Stockist Financing

Pricing and financing period for Stockist Financing

How repayment works for Stockist Financing

How repayment works for Stockist Financing

Paying off your Stockist Financing early

Paying off your Stockist Financing early

Common reasons a Stockist Financing request is declined

Common reasons a Stockist Financing request is declined

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