Once you have applied and been approved for a Credit Limit, that available limit will be visible in your SellersFi dashboard.
1. Once you’re logged in, navigate to “Working Capital” in the left sidebar.
2. Scroll the term bar to select your choice.
3. Select the amount of funding you wish to draw.
4. View your repayment schedule.
Keep in mind that this is not locked as you’re selecting terms and amounts. You can adjust to ensure you get a payment schedule, rates, and terms that work for your business*. Once you’re pleased, you’ll submit the withdrawal.
If you do not draw the full available amount, you can continue to return to your account for additional draws down the line. Each will be treated as its own loan, with your selected term and rate and repayment. These funds are generally available in 1-2 business days.
*Note: Some clients may be eligible for Interest-Only terms, ranging from 1-6 months.