Knowledge Base
Applying For SellersFi's Products
- How can I apply for SellersFi products?
- What are the requirements to apply?
- What documents will I need from my bank?
- Will you check my credit report? What is a good score?
- Does SellersFi run a Credit Check? Why? Does it affect my credit score?
- My application has been submitted, but I haven’t heard if I’m approved for funding yet. What should I do?
Commerce Pay
General
- How can I verify my bank account in my SellersFi account?
- How can I create a new application in my SellersFi account?
- What is SellersFi?
- Why should I work with SellersFi?
- How can I add or manage multiple companies in my SellersFi account?
- How does SellersFi differ from its competitors?
How to submit a Complaint
Working Capital
- What is Working Capital? What are the different loan types SellersFi offers?
- What can I anticipate as the rates for SellersFi’s Working Capital products?
- What currencies are available for the Credit Limit?
- How can I find my Current Balance in my SellersFi account?
- What are Interest-Only payments?
- Can I lower my rate on my Credit Limit?
Daily Advance
- What is Daily Advance? How does it work?
- How much can I get advanced using the Daily Advance from SellersFi?
- What is the Daily Advance transaction fee?
- How do I pay back my Advanced Amount?
- What happens to my Daily Advance disbursement if my net sales are negative?
- Will existing loans affect the calculation of my earned Daily Advance amount?
International Wallet
- Your International Wallet and Citibank Account
- What is the International Wallet?
- How many currencies can the International Wallet hold?
- How can I open a International Wallet account with SellersFi? What information or documents are needed?
- Is my account information secure?
- Am I committing to anything when applying for SellersFi products?
Prepaid Business Card
- What is the Prepaid Business Card and how does it work?
- How can I apply to SellersFi's Prepaid Business Card?
- What are the requirements for the Prepaid Business Card?
- How much can I spend on the Prepaid Business Card?
- Where can I use the Prepaid Business Card?
- Will I get a physical Prepaid Business Card?
Invoice Flex
- How does Invoice Flex help to grow my business?
- Is Invoice Flex right for my business? How do I know if I’m eligible?
- What invoices are eligible for Invoice Flex?
- What are the requirements for invoices that are being submitted?
- What currencies does Invoice Flex work with?
- Can invoices be submitted with more than one currency?
Payments
- How can I make my SellersFi payments?
- Do I need to transfer, wire, or write checks for my SellersFi payments?
- When are my payments due?
- Can I prepay my loan?
- Can I partially prepay my loan?
- Are there any fees or penalties for late payments?
Sellers Protect
- What is Sellers Protect? How does it work?
- Who is XCover?
- How do I apply for Sellers Protect?
- Where can I find information about my protection?
- What’s covered?
- How do I make a change, cancel, or get a refund for my protection?