faymus Posted February 28, 2021 Share Posted February 28, 2021 Hi all.I’ve offered the cash advance option since it was first released but I’ve been skeptical to try it out because I don’t have enough information.Can someone (who has tried it) please tell me what one can do with the funds? Can you withdraw them or are they strictly for use on Fiverr?I’ve read the other threads and no one has answered this question. ThanksP.S. I’m a level 2 seller 18 Link to comment Share on other sites More sharing options...
ahmwritingco Posted February 28, 2021 Share Posted February 28, 2021 Hey Faymus, according to the article in the Help Center, the money can be withdrawn.Cash Advance gives you, our selected sellers, the option to receive an on-the-spot cash advance to grow your business. The advance is immediately deposited into your Fiverr Balance and is available for withdrawal.Source: https://www.fiverr.com/support/articles/360017972518-Fiverr-Cash-Advance 12 Link to comment Share on other sites More sharing options...
kzlimon Posted February 28, 2021 Share Posted February 28, 2021 Hello @faymus,Congratulations and glad to know that you have been selected for that opportunity. I have neither been selected yet nor tried it but so far I have learned, you will be able to withdraw the funds instantly like you do for the cleared funds. Please check the above link that @ahmwritingco shared. It should be helpful.Thank you. 10 Link to comment Share on other sites More sharing options...
blemokoena Posted February 28, 2021 Share Posted February 28, 2021 Hi , I have actually used Cash Advance it really helped me out, withdrew the funds and I’m using them daily , however i lost my early payout feature for about 14 days , I have it back now everything is going great 13 Link to comment Share on other sites More sharing options...
faymus Posted March 1, 2021 Author Share Posted March 1, 2021 Thank you all for your help. 9 Link to comment Share on other sites More sharing options...
crownmediaa Posted March 5, 2021 Share Posted March 5, 2021 so did you try the cash advance option? 9 Link to comment Share on other sites More sharing options...
rachelbrookes Posted March 6, 2021 Share Posted March 6, 2021 Hi , I have actually used Cash Advance it really helped me out, withdrew the funds and I’m using them daily , however i lost my early payout feature for about 14 days , I have it back now everything is going greatHello, did you do anything special to get it back? 9 Link to comment Share on other sites More sharing options...
blemokoena Posted March 7, 2021 Share Posted March 7, 2021 Hello, did you do anything special to get it back?Not really , actually this option comes and goes, but i think the reason it stays alot for me is because when its there , I use it alot, Like I really really use it , so I suppose Fiverr will give it more to frequent users ,at least thats my guess 8 Link to comment Share on other sites More sharing options...
faymus Posted March 7, 2021 Author Share Posted March 7, 2021 so did you try the cash advance option?I did. It was very easy. I only took out $100 to test it out because I knew I could pay that back in a day or two. I’m curious to see what happens after. 8 Link to comment Share on other sites More sharing options...
crownmediaa Posted March 7, 2021 Share Posted March 7, 2021 I did. It was very easy. I only took out $100 to test it out because I knew I could pay that back in a day or two. I’m curious to see what happens after.okay do share if there is increase in impressions or clicks 8 Link to comment Share on other sites More sharing options...
blemokoena Posted March 8, 2021 Share Posted March 8, 2021 I did. It was very easy. I only took out $100 to test it out because I knew I could pay that back in a day or two. I’m curious to see what happens after.After Paying it back do you get another Cash Advance? I’m very curious 8 Link to comment Share on other sites More sharing options...
stefanyoshovski Posted March 8, 2021 Share Posted March 8, 2021 Hi everybody,I read about a feature that some sellers have received. It’s called “cash advance”.My question is: How much should my monthly revenue be, to get that option in my profile? 10 Link to comment Share on other sites More sharing options...
faymus Posted March 11, 2021 Author Share Posted March 11, 2021 After Paying it back do you get another Cash Advance? I’m very curiousThe Cash advance option disappeared after paying it back. I’m not sure when it will return. 8 Link to comment Share on other sites More sharing options...
faymus Posted March 12, 2021 Author Share Posted March 12, 2021 After Paying it back do you get another Cash Advance? I’m very curiousUpdate: My cash advance option has returned. It’s been 48 hours 9 Link to comment Share on other sites More sharing options...
blemokoena Posted March 12, 2021 Share Posted March 12, 2021 Update: My cash advance option has returned. It’s been 48 hoursDid it return with a higher ceiling or the same ceiling? Or did you already have the 5000 limit? 8 Link to comment Share on other sites More sharing options...
vetspedia Posted March 15, 2021 Share Posted March 15, 2021 Greetings,I have earned $6000 from Fiverr. When will be selected for Fiverr cash advance program? Please guide 13 Link to comment Share on other sites More sharing options...
rd_arijit Posted March 15, 2021 Share Posted March 15, 2021 its cant be said when you will get this chance…only fiverr knows whom they want to give that chance and how they give it,the things only you can do is waiting 10 Link to comment Share on other sites More sharing options...
vetspedia Posted March 15, 2021 Share Posted March 15, 2021 Any idea…You have earned this program? 8 Link to comment Share on other sites More sharing options...
blemokoena Posted March 15, 2021 Share Posted March 15, 2021 Update: My cash advance option has returned. It’s been 48 hours@faymusDid it return with a higher ceiling or the same ceiling? Or did you already have the 5000 limit? 8 Link to comment Share on other sites More sharing options...
imranhossainbpp Posted March 16, 2021 Share Posted March 16, 2021 HiI got the Fiverr advance cash option, now I am not sure about its refund process.I have around 1700$ pending clearance.Now if I take the advance cash, will they start charging from my pending amount?or process will start from my next order.?Really confused !!! 12 Link to comment Share on other sites More sharing options...
marinapomorac Posted March 16, 2021 Share Posted March 16, 2021 Yeah, this is simple enough for the explanation. Interest is 13.6% that I am able to calculate. And from each order 40% will be deducted - 20% is their usual fees and 20% is used to repay the loan. 9 Link to comment Share on other sites More sharing options...
imranhossainbpp Posted March 16, 2021 Share Posted March 16, 2021 Yeah, this is simple enough for the explanation. Interest is 13.6% that I am able to calculate. And from each order 40% will be deducted - 20% is their usual fees and 20% is used to repay the loan. You are wrong.I got the answer, cause fiverr already charged me.thats 60% of your order amount.for exampleOrder amount = 100$Fiverr default = 20% of 100$ = 20$Your Amount = 80$Loan Percantage = 40% of 80$ = 32$Your available balance = 80$ - 32$ = 42$Thats the exact processThank you 9 Link to comment Share on other sites More sharing options...
marinapomorac Posted March 16, 2021 Share Posted March 16, 2021 You are wrong.I got the answer, cause fiverr already charged me.thats 60% of your order amount.for exampleOrder amount = 100$Fiverr default = 20% of 100$ = 20$Your Amount = 80$Loan Percantage = 40% of 80$ = 32$Your available balance = 80$ - 32$ = 42$Thats the exact processThank you??Did you read the thread I linked?It is explained there in the following posts.What you wrote is the same as explanation there.But glad you figure it out. 9 Link to comment Share on other sites More sharing options...
imranhossainbpp Posted March 16, 2021 Share Posted March 16, 2021 ??Did you read the thread I linked?It is explained there in the following posts.What you wrote is the same as explanation there.But glad you figure it out.Sorry, I didnt notice that.However, thanks for mentioning that 🙂Appreciate it. 8 Link to comment Share on other sites More sharing options...
tishasheikh3 Posted March 16, 2021 Share Posted March 16, 2021 its cant be said when you will get this chance…only fiverr knows whom they want to give that chance and how they give it,the things only you can do is waitingi am also waiting for this chance . .\ thank you for your nice information 8 Link to comment Share on other sites More sharing options...
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