What is Daily Advance
Get paid faster for your Amazon sales. Yes, it’s that simple.
Waiting for your Amazon payouts? Eliminate payment delays and beat DD+7 by getting paid faster for your Amazon sales.
With Daily Advance there is no limit on how much you can receive each day, no hidden costs and no minimum term.
By getting paid faster on Amazon, you can restock immediately and grow your business. Faster payouts = faster growth.
How Daily Advance works
01
Sell as usual through your Amazon store and ship your goods.
02
Each day we advance you up to 80% of your net, shipped sales.
(Net sales = Gross sales minus Amazon fees and refunds)
On Day 1, you receive your Amazon reserve.
03
When Amazon pays out, you receive the remaining 20%, minus Storfund’s fee.
Fashion seller, TikTok Shop“Basically it does exactly what it says. Storfund funds your store with a daily advance. Once your orders are scanned, the sale is credited to you and you get your money.”
Video
How faster payouts lead to faster growth
This is the story of how innovation, determination, and the right support turned a small idea into a global success.
Benefits of using Daily Advance
Growth burns cash
Demand outpacing your cash flow? With Daily Advance, you can restock immediately and never lose a sale.
Cash is King
Use upfront payment to negotiate a discount with suppliers.
Financing without limits
There’s no limit to what you can receive; we can advance up to $5 billion per year.
No hidden costs or tie-ins
No subscription fees, and no minimum term; cancel the service whenever you want.
Trusted partner
Storfund is authorised by Amazon and available in Seller Central. We are proud to be part of Amazon’s Payment Service Provider Program (PSPP).
Made for growth
We help sellers grow internationally through our global network of marketplace partners.
Pay one low, fixed fee
We offer straightforward transparent pricing, with no hidden costs.
Our flat fee starts at 0.1% on your total net sales funded.
Watch this video to see how our fee works.
Pricing
How could Daily Advance change your business?
When you’re seeing high demand, getting paid faster can help you meet that demand AND increase your profits.
Even if you have the ‘Request Transfer’ button, Amazon’s payment terms mean there is a delay between sale and payout. Shortening this period by even a few days can increase your sales exponentially.
Watch our video to see the impact of a shorter cash cycle and how faster payouts could double your growth.
Available on over 50 marketplaces
FAQs for Amazon sellers
What is Daily Advance?
Daily Advance is a financing product from Storfund.
Simply put, Daily Advance advances you money each day on the sales you have made through your Amazon store(s). The benefit of this is that your cash flow isn’t delayed by Amazon’s usual payment terms.
Daily Advance is not a loan or credit.
Who is Storfund?
Storfund is a global fintech, providing Daily Advance to sellers on over 50 marketplaces worldwide. It was founded in London 2018 by long-time friends George Brintalos and Akbar Ahsan. Read more about our story.
What are the benefits of Daily Advance?
- No more waiting to get paid. Get paid when you ship, don’t wait until after the delivery date for your payout.
- Receive your Amazon reserve on Day 1. No waiting for DD+7.
- Restock immediately and never lose a sale.
- Hit scale. There’s no limit to how much you can receive; no matter how high demand grows, Daily Advance will match it.
- Getting paid earlier – by even a few days – can double your sales.
- Use upfront payment to negotiate a discount with suppliers.
- No minimum term. Stop whenever you want.
Is there a limit to how much I can receive in advances?
Daily Advance keeps pace with your growth. There’s no limit to how much you can receive; Storfund can advance up to $5 billion per year.
Can I use the service on Amazon Renewed?
Yes! We have many clients using Daily Advance who sell on Amazon Renewed. Our service is also available to Amazon Vendor sellers.
How do I know if my Amazon business is eligible?
Daily Advance has been designed to meet the needs of high-growth marketplace sellers. To ensure it is suited to your business, we apply the following eligibility criteria:
- Your monthly turnover must be at least £25,000, €30,000 or $30,000.
- Your business must be a registered company, a limited liability partnership or similar incorporated entity.
- Your business established for at least 12 months, and must have been active on your marketplace for at least six months.
- Your account health must be in “good standing.”
- Your business must be registered in Canada, EEA, UK or US, and under certain circumstances, China, Hong Kong or Australia.
What does Daily Advance cost?
We charge one low fixed fee, which ranges between 0.1-0.2% on your total net sales funded. There’s no hidden costs or subscription fees.
Watch this video to see how our fee works.
Storfund can create a simulation with your sales data so you can see what you would have paid over the previous month, and what you will likely pay over a year.
How do I get in touch if I have more questions?
If you’d like to talk to someone about using Daily Advance, you can get in touch with us here.
Get Daily Advance
If you’d like to speak to us to find out more, you can request a callback.
Alternatively, if you are ready to apply, you can start your application here.
Apply now
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