HiveXchange Early Payment Service
The HiveXchange allows you to get paid earlier for produce shipments. It is a simple service to use and allows producers to cover early season expenses and manage cash flow throughout the growing season.
You consign your produce to your market agent or wholesale buyer via the HiveXchange mobile app. The HiveXchange then pays you as soon as receipt of your produce is confirmed by your market agent on the HiveXchange app. We then pay you up to 70% of the value of your consignment. We pay the balance 30 days after shipment less our service fee. We manage the collection of the full amount from your market agent or wholesale buyer.
For consignment sales we will pay up to 70% of our estimated value of your consignment. We estimate the value based on an algorithm we have developed that identifies real in market wholesale prices.
How do you find out more?
Fill in the attached application form. We will then assess your application and provide you with a quote for service outlining the amount of prepayment we can provide for and our service fees.