01
Facility onboarding
KYC for authorized signatories, commodity profile, buyer list, and nominated disbursement accounts in NGN or USD.
Export invoice factoring · West Africa
Turn buyer invoices into working capital
Commodity exporters wait 60–90 days for offshore buyers to settle. Avelqorix advances against verified export invoices so you can pay farmers, book freight, and fulfil the next shipment without draining your overdraft.
Four stages from invoice upload to balance release
Unlike retail lending, our process follows the export document chain — commercial invoice, bill of lading, buyer PO — with human underwriting at each gate.
02
Invoice verification
Upload invoice pack via portal or API. Desk validates document chain, buyer credit tier, and shipment milestone status.
03
Advance disbursement
Receive 70–85% of verified invoice value. Fees quoted upfront. Recourse and non-recourse structures available by buyer tier.
04
Settlement & release
When buyer pays, Avelqorix nets advance, discount fee, and FX — then releases balance with ERP-ready audit trail.
How export desks use Avelqorix facilities
Representative scenarios from commodity exporters on Victoria Island and Apapa corridors — not marketing projections.
Case · Cocoa beans · EU buyer
Lagos exporter, Rotterdam offtaker
A 420 MT cocoa shipment with Net-60 terms left the exporter short for the next farm-gate purchase cycle. Avelqorix verified the commercial invoice and B/L, advanced 76.8% within 36 hours, and reconciled the balance when the buyer settled via SWIFT.
$218KAdvance
36hFunding
Net-60Buyer terms
Case · Cashew kernels · Asia buyer
Processing plant, Vietnam distributor
Seasonal cashew intake required upfront payment to aggregators while the export invoice sat in buyer approval. Facility covered three concurrent shipments with staggered settlement matching and locked FX on disbursement.
82%Advance rate
3Active invoices
USDPayout rail
Desk infrastructure behind every advance
Modular capabilities you can access through the client portal or REST API — each module maps to a stage in the shipment-to-cash cycle.
Document intake
Invoice OCR, B/L parsing, and manual desk review with rejection reasons returned in structured JSON.
Buyer scoring
Credit tiers for EU, US, and Asian offtakers with advance rate tables tied to payment history.
FX lock at quote
NGN or USD disbursement with rate locked at facility quote — no surprise conversion at settlement.
Settlement matching
Automated buyer remittance matching, fee netting, and balance release with full transaction log.
ERP export reports
CSV and structured exports formatted for finance teams — advance ledger, fee schedule, settlement summary.
API-connected desk with human underwriting
POST invoice packs programmatically; underwriters in Lagos review within business hours. Approved advances disburse to your nominated account automatically.
POST /v1/invoices/submit
Export categories we underwrite
Focused on invoice-heavy commodities where payment terms stretch working capital across the West African export belt.
COC · 01
Cocoa & derivatives
Beans, butter, powder to EU and Asian buyers
CSH · 02
Cashew & tree nuts
Raw and processed kernels for Vietnam and India
PLO · 03
Palm oil & olein
Bulk FOB/CIF flows with standard doc chains
RBR · 04
Rubber & latex
TSR exports with automotive-tier buyers
SIS · 05
Sesame & seeds
Oilseed exports across Middle East corridors
SHE · 06
Shea & agri-processed
Value-added exports with repeat buyer programs
Why we built a factoring desk
Export managers were financing operations from personal overdrafts while waiting months for offshore remittance. Banks wanted fixed collateral; buyers wanted longer terms. We advance against verified export invoices instead — matching the rhythm of commodity trade, not retail credit cycles.
Who we work with
Export managers, CFOs, and finance leads at commodity trading houses and processing plants. We do not offer consumer lending, speculative FX products, or payment aggregation for unrelated verticals.
Founded 2023
Trade finance · Export factoring
West African commodity focus
WAT desk + trade line
Request a facility review
Tell us your export commodities, typical invoice sizes, buyer markets, and current payment terms. We respond within two business days with indicative advance rates.
- Commodity types and monthly export volume
- Primary buyer regions (EU, US, Asia)
- Preferred disbursement currency (NGN / USD)
Email our trade finance desk with your company profile and a sample invoice structure — no portal login required for initial review.
[email protected] Follow us on X — @avelqorix