How does it work?
If you take out a Pre-Pay Advantage contract you are committing grain to Globus and in return Globus provides a pre-payment of $ amount per tonne for that grain. You can use your pre-payment for working capital purposes to grow your crop and you have the flexibility to manage drawdowns from that pre-payment facility as required.
The Pre-Pay Advantage is repaid when you sell your committed tonnes to Globus , or to an approved trader under the Sell Anywhere feature. Once your pre-payment facility has been repaid in full, any remaining reserved tonnes will be released for you to sell to any grain trader.