Once your marketplace has closed out the sales cycle, SellersFi will calculate the advances made plus the fees per transaction. This will be your amount due for that sales cycle.
Once your marketplace makes the payout, we will collect the amount of your outstanding balance. You’ll receive any remaining balance in full.
What if my outstanding balance is higher than my marketplace payout?
In this case, we will collect the entire marketplace payout and apply any remaining balance to your next sales cycle. You also have the option to contact us to request the discharge of this debt. However, if this is a frequent occurrence, your account may be frozen to avoid future debt accumulation.
Additionally, if you have more questions, you can contact us at email@example.com.