Yes, the loans you have on SellersFunding or on your own marketplace influence the calculation of your daily advance. For example, your net sales are $1,000, but you have a loan for $2,000 that you will pay back in 20 days, the average daily payment for that loan is $100.
In this case, we reserve this $100 amount and do not advance it to you, and your advance on this day will be the percentage you contracted along with the Daily Advance of $900 ($1,000 of net sales - $100 of lending).
So this is how your loans influence the calculation of your daily advance.
Whenever you have any questions about our services or about any transaction or account, please call us at +1 (929) 229-2252, call us on WhatsApp at +1 (551) 280-0603, or send an email to felipe@sellersfunding.com, and we will help you with everything you need.
Comments
0 comments
Please sign in to leave a comment.