For suppliers

What will I receive, and when?

You have delivered and the invoice is approved. Put in its value, the days until your anchor pays, and the rate from your quote. See what you would receive today, what being paid early costs, and what waiting is worth, in full, on this page, with nothing to sign up for.

Your numbers, from your own invoice and your own quote. Nothing you type here is sent anywhere or saved.

Invoice value

The approved amount your anchor owes you, in KES.

Days until your anchor pays

From today to the invoice due date. This is how many days sooner you would have the money.

Discount rate from your quote, as a percentage

Use the rate your financier quoted you. We do not suggest one, because the rate is theirs to set and not ours to guess.

How is that rate quoted?

The same number means very different money depending on this. Your quote says which.

Per yearan annual rate, charged only for the days you are paid earlyPer montha monthly rate, charged only for the days you are paid early (a month is counted as thirty days)Flat on the invoicea one-off discount taken from the whole invoice, whatever the days

What you would receive

Fill in all four fields and the result appears here: the full figure, on this page, with nothing to sign up for. There is no result yet because we will not assume a rate for you.

An illustration, from the numbers you enter. It is not a quote and it is not an offer. Your financier’s terms govern what you actually receive.

What this illustrates

Early payment on an approved invoice. These supply-side products work that way:

Invoice discounting: Early payment against an approved invoice for goods already delivered. The supplier chooses which invoices and when.
Reverse factoring: The anchor initiates the program and its whole supplier base can draw on it, at pricing that reflects the anchor’s credit rather than each supplier’s.

Purchase order financing is different, and this page does not illustrate it: Funding against a confirmed order, before the goods are made or shipped. The point in the cycle where a supplier is most often stuck.

Who owes the money

Under Reverse factoring, your anchor carries the obligation and settles with the financier. You are not borrowing against your own balance sheet. Under Purchase order financing and Invoice discounting, you carry the obligation, the financing is with full recourse: if your anchor does not pay, or you do not deliver, you must repay. What the arrangement is in your program is set out in your financier’s documentation.

Each product, and who owes under it

What your real quote shows

Before every trade you see the product, the amount payable to you, every deduction: financier discount, platform fee, VAT, and the effective annualized cost.

This page has one rate field; the screen described above lists each deduction and an effective annualized cost. To come closest to it here, enter that annualized figure and mark it as quoted per year.

What to do next

A rate only exists inside a program. The first step is finding out whether the company you sell to runs one.

Find your anchor Is this a loan? Will it affect my CRB listing?

Inquire as a supplier