Agri Buyer Financing - Own Your Cash Flow

We know quick access to funds is crucial for your agribusiness. Our process is fast and easy, with approval possible in less than 48 hours: Step 1 - Application: Complete our online application form to check eligibility. If eligible, you will be automatically transferred to set up a call with our financing specialists. (Time: 4 minutes). Step 2 - Onboarding: Share additional documents through our secure online portal, such as bank and MPESA statements, and business registration certificates. Our team will assist you throughout the process. (Time: Up to you). Step 3 - Business Review: We evaluate your business and provide an official financing offer if approved. If declined, we’ll explain why, and suggest improvements. (Time: Up to 24 hours). Step 4 - Activation: Sign the financing agreement online, access the Avenews mobile app, request funds, and pay your approved suppliers within minutes. We are committed to making the process fast and simple.

You can apply for an amount between KES 100,000 and KES 500,000. During the first 3-6 months, your financing amount may be capped lower than requested. As you complete initial financing cycles and demonstrate strong business performance, your amount limit may increase based on your needs and growth potential.

Avenews supports small and medium-sized agribusinesses in various sectors: Fresh Produce: Fruits, vegetables, fresh herbs, etc. Dry Commodities: Grains, legumes, nuts, spices, etc. Inputs: Seeds, fertilizers, pesticides, animal feeds, etc. Livestock Products: Dairy, eggs, meat, wool, etc. Livestock: Cows, goats, poultry, etc. Animal Feed Ingredients: Cottonseed cake, wheat bran, maize germ, etc. Note: We currently do not finance farming operations, smallholder farming, or businesses outside the agriculture industry. Business Types Supported: Agrovets, millers, processors, aggregators, manufacturers, and other agribusinesses operating within the listed sectors. Eligibility Criteria: Actively trading agribusiness for the past 12 months (not a farming operation) 12 months of MPESA and bank statements reflecting your operations Minimum monthly sales of KES 300,000 Registered business or valid county permit Physical business premises Other criteria may apply.

You can apply through our online application.

To find out if your business qualifies for financing, submit an application form. Basic eligibility criteria include: Actively trading agribusiness for the past 12 months (not a farming operation) 12 months of MPESA and bank statements reflecting your operations Minimum monthly sales of KES 300,000 Registered business or a valid county permit You’ll receive a quick response once your application is reviewed.

The financing period ranges from 1 to 3 months, assessed based on your business performance. If approved for up to 2 or 3 months, you can choose the specific repayment duration each time you request funds from your Agri Credit Line. After full repayment, you can immediately access the funds again, providing continuous support for your business growth.

If your business does not meet the eligibility criteria, we recommend addressing any gaps and reapplying once you meet the necessary requirements.

Avenews only charges a markup on the funds you use. We don't have processing or hidden fees. We don't charge for applying. The cost of the Agri Credit Line depends on the loan term and the amount you select. You can check the exact cost using our financing simulator. Please note that using the price simulator does not count as an application - To apply, please click here.

Agri Supplier Financing allows you to access funds based on your outstanding invoices. Instead of waiting for your customers to pay, Avenews advances you up to 85% of the invoice value, helping you maintain smooth cash flow and grow your business.

Yes, you have the flexibility to select which invoices you want to finance, allowing you to manage your cash flow based on your business needs.

We understand that quick access to funds is crucial for your agribusiness. Our process is fast and easy, with approval possible in less than 48 hours: Step 1 - Application: Complete our online application form to check eligibility. If eligible, you will be automatically transferred to set up a call with our financing specialists. (Time: 4 minutes) Step 2 - Onboarding: Share additional documents through our secure mobile app, such as bank and MPESA statements, and business registration certificates. Our team will assist you throughout the process. (Time: Up to you) Step 3 - Business Review: We evaluate your business and provide an official funding offer if approved. If declined, we’ll explain why and suggest improvements. (Time: Up to 24 hours) Step 4 - Activation: Sign the agreement online, then submit invoices for financing requests. You can access your funds within minutes after approval. We are committed to making the process fast and simple.

The financing period ranges from 7 to 45 days, depending on your needs. After repayment, your credit is restored, allowing you to better manage your cash flow and support business growth.

After repaying, your credit limit is automatically restored, allowing you to submit new invoices for financing without any delays.

There is no strict limit to the number of invoices you can finance. As long as your total financed amount stays within your approved credit limit, you can submit multiple invoices for financing.

The markup is based on a daily rate of 0.17% of the financing amount and is applied for the entire financing period, starting from the day the financing is disbursed to your account until the invoice due date. The financing period is calculated from the day you request funds until the invoice is due, with a minimum of 7 days and a maximum of 45 days duration. Key Points: Markup is calculated in full day intervals. The financing period can be between 7 to 45 days. Markup is based on the full invoice amount. For example: Invoice Amount: KES 100,000 Financing Amount: KES 85,000 Financing Period: 7 days Daily Markup Rate: 0.17% Total Markup Rate: 0.17% × 7 days = 1.19% Markup Amount: 1.19% × KES 85,000 = KES 1,011.5

Once you repay the financed amount plus the markup, your credit limit is restored so you can finance more invoices in the future.

You can finance multiple invoices, as long as the total does not exceed your approved credit limit.

Agri Buyer Financing gives you the money to pay your suppliers right away. You get extra time to pay us back, so you can keep your business running smoothly.

We understand that quick access to funds is crucial for your agribusiness. Our process is fast and easy, with approval possible in less than 48 hours: Step 1 - Application: Complete our online application form to check eligibility. If eligible, you will be automatically transferred to set up a call with our financing specialists. (Time: 4 minutes) Step 2 - Onboarding: Share additional documents through our secure online platform, such as bank and MPESA statements, and business registration certificates. Our team will assist you throughout the process. (Time: Up to you) Step 3 - Business Review: We evaluate your business and provide an official funding offer if approved. If declined, we’ll explain why and suggest improvements. (Time: Up to 24 hours) Step 4 - Activation: Sign the financing agreement online, then submit your suppliers' invoices for financing requests. We are committed to making the process fast and simple.

The financing period is 7, 14, 21, or 28 days based on your business cycles.

Yes, you can select the invoices you want to use for financing.

We charge a daily markup of 0.23% on the financing value. There are no hidden fees. You can find the exact cost in our price calculator.

Avenews is a well-established Pan-African Fintech dedicated to empowering small and medium-sized agribusinesses with innovative financial solutions. Our financing solutions are tailored to the unique needs of agribusinesses, providing short-term, flexible financing designed to help agri-SMEs increase cash flow, seize growth opportunities, and thrive in the competitive market. We believe in fostering strong partnerships, understanding our clients' challenges, and delivering fast, transparent, and supportive financial services to ensure their success.

Avenews offers financing solutions that supplement your existing cash flow, enabling you to purchase more agricultural products or inputs and meet market demand effectively.

Avenews offers tailored financial solutions to enhance the purchasing power and cash flow of agribusinesses: Agri Credit Line: Short-term credit to buy stock and meet market demand. Invoice Financing: Get early payments on outstanding invoices to maintain a steady cash flow. Our solutions are: Recurring: Access funds, repay, and repeat for continuous support. Flexible: Borrow only what you need and pay for what you use. Cash Flow Boost: Supplement your cash flow to help your business grow.

Avenews offers fast, short-term financing tailored for agribusinesses: Simplicity: No bureaucracy, no queues—just a straightforward application process. Speed: Once you’re eligible for funding, get quick approval and receive funds within minutes. Recurring Access: Repay and instantly access the same amount without reapplying. Flexibility: Choose your repayment term and only pay for the funds you use, not the entire credit limit. Growth Potential: Your funding amount can increase as your business grows. Transparent Pricing: Clear with no hidden fees. Digital Process: Manage everything online, making it convenient and hassle-free.

Avenews primarily operates in Kenya, serving registered small and medium-sized agricultural businesses involved in the purchase and sale of agricultural produce or inputs. We have offices in Nairobi, South- Africa, and Tel Aviv.

You can always reach us by: Email at jibiwa@avenews-gt.com Through our Facebook Messenger, On WhatsApp at +254-795-021-243 By phone at +254-111-133-300.

Yes, Avenews KE Limited is a licensed data controller and is within the Central Bank of Kenya's digital lender regulation as it awaits its digital lending license.