Get the funds you need to meet daily expenses
Whether it’s investing in R&D or restocking your inventory, our daily advance solutions allow you to capitalize on business opportunities.
Rethink your business growth strategy with daily advance
Our clients receive instant access to a daily advance after their business’s health is evaluated. Draw additional funds against the daily sales generated on marketplace platforms to enhance your growth.
This will help you invest in R&D, restock inventory, open new e-commerce channels, expand to new locations, and be prepped for peak season sales.
Who can benefit from daily advance solutions
SMEs can find it difficult to come up with daily funds consistently. Loans from banks can be tedious and expensive.
Factoring solutions can prove to be a lifesaver for small businesses like marketplace sellers, others etc.
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Marketplace sellers
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Other businesses
How our pricing works
We will transfer up to 95% of your next 30 days potential sales, which is estimated by our machine learning algorithms on your historical performance. Your fee for each draw-down will be deducted from the amount paid to you.
Onboarding is effortless
Our onboarding process is quick and simple.
Company details
Input basic yet significant information about your company before we can get the ball rolling.
Marketplace details
Once you selected the marketplace your business falls under, we assess the information to tailor the platform to your needs.
Bank details
Setup your bank to allow us to wire funds after approval. Our digital platform is highly encryped, with a secure mainframe to protect data.
Upload documents
To qualify for a daily advance, you will need to upload crucial documents to help our team assess your business’s health.
FAQs
Do I need to change my bank account during the onboarding process?
Yes, you will need to change your bank account, which we can help you with once you grant us access to certain permissions. We are legally bound to set up a bank account only to factor in your receivables.
If you wish to discontinue your services with eFunder, we can transfer the remaining receivables to your bank account. If you wish to resume services in the future, you can pick up from where you left off so that you won’t have to start the process all over again.
Am I eligible for a daily advance if my credit score has been impacted in the past?
Yes, you can receive a daily advance after uploading the required documents to support your business’s past/ongoing performance and revenue history in the last 3 to 6 months.
Still have questions?
Can’t find the answer you’re looking for? Please chat to our friendly team.
Redefine your business efficiency with instant cash
Your leading provider for digital financing solutions.