Payability’s Instant Advance gives you the flexibility you need with financing inventory or advertising purchases. An Instant Advance is a purchase of your future sales-- you receive a lump sum of capital at the start, and pay back over time with a specified split percentage of your future sales. If your repayment percentage is 10%, for example, and you have $1000 in sales one day, Payability will collect $100 to repay your Advance. When you take an Instant Advance, you will be charged only while the Advance is outstanding, so the quicker you pay back the Advance, the less you will be charged. Because the Advance is paid back with a split of your sales, as your sales grow, you will pay back faster.
