Nine reasons sellers use Daily Advance
01
Lump sum
“One day I saw, oh my god, I have $40,000 on hold with my marketplace and I thought, Daily Advance is the solution.”
Pierina, TikTok Shop
02
Faster restocking
“Lifesaver. If it wasn’t for Storfund, I would have been stuck waiting half a month to get paid. I couldn’t buy stock often enough to keep inventory levels at peak.”
Anthony Nugent, Amazon
03
Peace of mind
“Having that security that I’m still going to get funds regularly has been very good at giving me peace of mind.”
Make Skin Magic, TikTok Shop
04
Invest in new products
“When we first launched we had one full-size SKU. Since then we’ve launched a trial size, now we’re moving on to our third SKU.”
Make Skin Magic, TikTok Shop
05
Opportunistic restocking
“Every day you’re just scavenging for stock, so when you find it you need the cash to jump on it.”
Britain Tech, Back Market
06
Not debt or equity
“Of course you can get money from anywhere. But I did like how I didn’t have to ask anybody, or pay any crazy percentages, or sign myself into any equity partnerships.”
Cancelled Breaks, TikTok Shop
07
Scale
“Without Storfund we could not have grown 300%.”
Mobistock, Back Market
08
Not a cost, a source of revenue
“Yes, there’s a potential 2% cost which chews into my slim margins but the extra sales justify it.”
Collectibles Fish, TikTok Shop
09
Simplified financial management
“No one starts a business to manage its finances. Working with Storfund simplifies your financial planning, leaving you free to focus on growth.”
B&Q seller
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How it works“Getting paid faster by even a few days was huge for us. We saw our turnover grow by 200%”
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Eligibility criteria
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 net monthly turnover must be at least £25,000, €30,000 or $30,000. (Net sales = Gross sales minus marketplace fees and refunds)
- Your business must be a registered company, a limited liability partnership or similar incorporated entity.
- You 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.
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