Do loans influence my daily progress?

Yes, the loans you have on SellersFi 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.

Additionally, if you have more questions, you can contact us at customerservice@sellersfi.com.