How do payment terms and warehousing costs work?
When you check out on Algrano, you choose when to pay for your coffee: now or upon release.
Pay upon release - You pay when you release your bags. You get an invoice after each release, due within the payment term you selected.
Your first 30 days of warehouse storage are included at no extra cost. After that, a daily warehousing fee (cost of carry) applies for each day the coffee stays in the warehouse. This is billed with each release on a pay-as-you-go basis, so you only pay for the storage you actually use.
Pay now - You pay the full amount upfront and receive an invoice upon checkout. This option comes with a small saving compared to Pay upon release, shown in your price breakdown at checkout.
The same 30-day free storage applies. If you release your bags over time rather than all at once, the warehousing fee still applies after the free period.
Price breakdown - Your total price at checkout includes the FOB price (what the producer receives), logistics to the selected warehouse, and Algrano's service fee. You can use the release cost calculator on the Payment term screen to estimate your total costs for different release schedules. For more information on how our pricing works, click here.
How Our Pricing Works
For more information on how our pricing works at Algrano, click here.