Why Mirakl Daily Advance
Work to your payment schedule, not your marketplace’s.
Why wait for marketplace payouts when you can take control and get paid daily?
With Mirakl Daily Advance from Storfund, you get paid as soon as you ship. Restock immediately and grow your business. Faster payouts = faster growth.
With Storfund there is no limit on how much you can receive each day, no hidden costs and no minimum term.
Daily Advance is directly integrated with Mirakl.
Apply nowVideo
“Storfund’s uncapped financing was crucial to our 40% growth during Q4”
Paris-based GpasPlus uses Daily Advance on six Mirakl-powered marketplaces. Watch this video to see the impact faster payouts has had on the business.
Six reasons to use Mirakl Daily Advance
01
Keep up with demand
And never run out of stock.
02
Get a cash injection
You’ll receive your marketplace balance with your first advance.
03
Not a loan
Improve your cash flow without adding debt to your balance sheet.
04
Speed up your cash cycle
Mirakl Daily Advance offers a new, more efficient way to manage your cash cycle.
05
Hit scale
There’s no limit to how much you can receive; no matter how much you sell, Mirakl Daily Advance will match it.
06
No hidden costs or tie-ins
No subscription or set-up fees, and no minimum term; cancel the service whenever you want.
Video
The impact over a year
In ecommerce, cash cycles matter.
Shortening your cash cycle – the time between paying for inventory and receiving payment for sales – has a direct impact on profitability, so getting paid quickly matters.
How it works
01
Sell as usual through your Mirakl-powered marketplace and ship your goods.
02
Each day we advance you up to 80% of your net, shipped sales.
You’ll also receive your marketplace balance with your first advance.
03
When your marketplace pays out, you receive the remaining 20%, minus Storfund’s fee.
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.
PricingFAQs for Mirakl-powered marketplace sellers
What is Mirakl Daily Advance?
Mirakl has partnered with Storfund to bring you Daily Advance, a financing product which allows you to get paid faster.
Simply put, Daily Advance advances you money each day on the sales you have made through your Mirakl-powered store(s). The benefit of this is that your cash flow isn’t delayed by marketplace payment terms.
Daily Advance is not a loan or credit.
Who is Storfund?
Storfund is a global fintech and we provide Daily Advance to sellers on over 50 marketplaces worldwide. We were founded in London 2018 by long-time friends George Brintalos and Akbar Ahsan. Read more about our story.
What are the benefits of using Mirakl Daily Advance?
- No more waiting to get paid, get paid as soon as you ship.
- 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, Mirakl Daily Advance will match it.
- Use upfront payment to negotiate a discount with suppliers.
- No minimum term. Stop whenever you want.
Which Mirakl-powered marketplaces can I use Daily Advance on?
Daily Advance is available on many Mirakl-powered marketplaces, see a selection here.
If there is a marketplace you would like to use us on, contact us and we should be able to add it.
Is there a limit to how much I can receive in advances?
We keep pace with your growth. There’s no limit to how much you can receive; we can advance up to $5 billion per year.
How do I know if my business is eligible?
Mirakl 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:
- £20,000, €20,000 or $20,000 average monthly sales over the last six months (we look at companies, rather than stores, so this amount could be spread over several marketplaces)
- Your business must be a registered company, a limited liability partnership or similar incorporated entity.
- You must have been active on at least one Mirakl-powered marketplace for 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.
How do we get data on your sales?
Daily Advance is directly integrated with Mirakl Connect and the marketplaces powered by Mirakl, using an API which sends us your sales data daily. This means there’s no need to request payments or submit sales data.
How do I get in touch if I have more questions?
If you’d like to talk to someone about using Mirakl Daily Advance, you can get in touch with us here.
Get started with Mirakl 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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