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Has anyone been able to take Fiverr Cash Advance in July or August?


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Trying to take my 5th cash advance but reading recent comments, it seems like it might take a while. If you don't know what I am talking about, please look it up. It's only available to a few buyers.

Just want to know if its still active and if anyone  has been able to see it in July or August specifically in their earnings tab.

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I have never used it but earlier this year I could see it as well. I assumed since they think I wasn't interested so it has not appeared again. But now that you mention it, maybe they are waiting for the first batch to get settled and re-evaluating the whole program.

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On 8/21/2021 at 6:40 AM, mirsubfazlani said:

Trying to take my 5th cash advance but reading recent comments, it seems like it might take a while. If you don't know what I am talking about, please look it up. It's only available to a few buyers.

Just want to know if its still active and if anyone  has been able to see it in July or August specifically in their earnings tab.

I took it in late July. 
But I have a problem now. 🙂The Amount Due froze at 1.80$.

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6 hours ago, visualstudios said:

What? Why? You realize you're losing money, right?

Cash flow is more important than anything for me. Not a single freelancer but a business and the orders I take are in thousands so they can take a while to finish but I still have payroll to account for. The couple of hundred dollars don't affect me too much honestly.

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3 hours ago, drasnia said:

this place is honestly pathetic.... its now turned into a payday loan service for some sellers...

 

it literally just encourages the bad sellers

Smh. Literally a TRS in the yearly 5 figure (close to 6 figure range). 

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You should really try to get to a point where you have enough liquidity (cash on the side) to be able to wait for payment clearances. I get what you're saying, but right now not having it is costing you 13.6%. It's not a very good business decision long term. Specially given you're getting consistently good yearly revenue, it's way more difficult in the beginning when money is tight.

Edited by visualstudios
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6 hours ago, visualstudios said:

You should really try to get to a point where you have enough liquidity (cash on the side) to be able to wait for payment clearances. I get what you're saying, but right now not having it is costing you 13.6%. It's not a very good business decision long term. Specially given you're getting consistently good yearly revenue, it's way more difficult in the beginning when money is tight.

Well aware of course. It's just a short term solution and it came in handy when we needed to expand as quickly as we did. Though, this will be the last one. At this point, we've done all the reinvesting we needed to do. 

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