Cash Advance question

[faymus]

@faymus

Did it return with a higher ceiling or the same ceiling? Or did you already have the 5000 limit?

I had the 5000 first, and the second time it was 2500.

[blemokoena]

I had the 5000 first, and the second time it was 2500.

I just paid back my advance , its been 48 hours and I havent gotten another one, I did have a slump last month with some cancellations so still havent got it …but I’m holding thumbs

[amil077]

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.

ok, let us know how much interest rate add of that ?

[seo_stuff]

Today I received this option Cash Advance, and i got $1500 on to my wallet. its so amazing.

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[didographic]

Today I received this option Cash Advance, and i got $1500 on to my wallet. its so amazing.

Capture873×233 11.9 KB

Sound interesting. How that works!

[seo_stuff]

Sound interesting. How that works!

its totally depend on Fiverr.

[exteamtech]

I think this option is available for those who has good average selling price and constantly earning good amount each month. The amount of Cash Advance depends on your total earning also make sure if you get an advance e.g. 1000$ then you will have to return 1000 + 15% = 1150$ this amount will keep deducting from your personal balance. For example in June if you earned 1000$ and they might be deduct 300$ from total earning and will keep deducting the certain amount each month.

[samumair]

I just paid back my advance , its been 48 hours and I havent gotten another one, I did have a slump last month with some cancellations so still havent got it …but I’m holding thumbs

Did you get the cash Back option yet ?

if so then how long it took in total ?

[geethma7]

I have paid in full my cash advance last week. but the cash advance status is remaining same. Please explain when it will refresh? is this happens only me?

[imagination7413]

I don't think anyone on the forums can answer this question for you. Have you opened a ticket with Customer Support yet?

[smashradio]

I don't mean to be negative, but if you just had a cash advance and recently paid down the loan, but still want another cash advance right away, you're on a slippery slope. Living off of credit is never a good thing, even if you don't have to pay interest. 

[geethma7]

yes thanks for the kind reply  @smashradio & @imagination7413 💓. I should have to open a ticket 🙂

[shabirahmad635]

Hello Fiverr users, I just want ask that I have completed 90+ projects on fiverr but I didn't got fiverr cash advance opportunity. Is that selection is done on performance basis or there is another logic? 

[theratypist]

Not sure what the basis is, but it certainly is only available to some. I can see it on mine but I've never used it. 

[nikolataby]

I do not know what happened, maybe it is needed some time to pass, but my Amount Due stopped at 1.80$.
No matter my funds were clearing one by one. I even used Early Payouts and my Amount Due didn't change.

[ryandevv]

What is this Cash Advance? If I take it, does it mean I can do whatever I want with it like withdrawing it to my bank and use it. They're not very clear about it.

[theratypist]

16 minutes ago, ryandevv said:

does it mean I can do whatever I want with it like withdrawing it to my bank and use it.

Yes that's it. You have to pay it back though, it gets deducted from your future earnings.

https://www.fiverr.com/support/articles/360017972518-Fiverr-Cash-Advance

[letsgodigital]

When did this start ? 

It really great to see fiverr taking such step for freelancers. 

[bomrabombra]

what if seller take that advance and run away holy shit

 

[raihansuman209]

I have lost this feature.

[Guest lash3x]

Hey, how can I get a cash advance? I am extending my business and want to get an office and new employers, if Fiverr can help me with cash advance it will be a boost for me

 

Can you let me know how i can get fiverr cash advance?

[theratypist]

2 hours ago, lash3x said:

Can you let me know how i can get fiverr cash advance?

That option is only given to certain sellers based on their performance. 

Read more here: https://www.fiverr.com/support/articles/360017972518-Fiverr-Cash-Advance

 

[ajommahmud]

Can anyone tell me what are the qualifications for getting 'Cash Advance' opportunity?

[theratypist]

Fiverr doesn't explain the qualifications, it likely might be based on your earnings per month.

https://www.fiverr.com/support/articles/360017972518-Cash-Advance

[nactrix]

Hey guys! 2 months ago I received the great news that I was selected to receive loans from Fiverr, but I still did not need it, I need it in February, and I have had my ads on hiatus due to the amount of jobs I have had since 15 days, but my income has never have gone down because I keep getting orders with personalized offers, but my Cash Advance just disappeared

Does anyone know if he ever comes back? I don't want to lose it just when I'm going to need it 😪

 

Edited December 15, 2021 by nactrix