Cash advance

Cash advance gives our selected freelancers the option to receive an on-the-spot cash advance to grow their business. The advance is immediately deposited into their Fiverr balance and is available for withdrawal.

There is no pressure to pay the cash advance, especially since no interest is charged. The way you pay it back is with your future earnings—for every sale you make as a Fiverr seller, 40% of your Fiverr earnings is used to pay the cash advance in full. When you don’t have earnings, you don’t pay the cash advance.

Note: Fiverr cash advance is only available to selected freelancers.

How it works

In exchange for a cash advance, you agree to sell a set amount of your future Fiverr earnings at a discount. For example, Fiverr could give you a cash advance of $1,000 to purchase $1,136 of your future Fiverr earnings.

Here is how the new cash advance works:

  1. On the earnings page, you’ll see a 'Cash advance' tab next to the 'overview' tab.

    Cash_Advance_Tab.png

    Note: If you want to decide later, you can go back to the 'overview' tab.

  2. Select your preferred amount for a cash advance from the drop-down list and click "continue".
  3. On the Fiverr cash advance terms page:

    • Review the cash advance amounts to see the amount of the cash advance alongside the amount to be paid from your future earnings.
    • Read the Fiverr cash advance terms and select the checkbox to confirm your agreement.

    Note: You are required to scroll all the way down and read all the content before you can select the checkbox.

  4. Enter your full name (not your Fiverr username) as your signature. Your signature confirms you understand and agree to the terms of the agreement.
  5. Click "Get cash now."

    Note: When the cash advance process is successfully completed, you will receive an email that confirms and summarizes your cash advance. The e-mail will also include a copy of the terms.

  6. You'll need to phone verify. A verification code will be sent to your phone via SMS. Enter this OTP code to complete the process.

    Note: If you have not activated 2FA, you will be asked to activate it before you can proceed.

  7. After you receive the cash advance, you’ll see the following information in the Cash advance tab: 

    • Cash advance
      The amount added to your available balance to use or withdraw.

    • Amount to pay
      The amount you’ll pay for the cash advance, which is equal to the discounted price of your future earnings that you agreed to sell to Fiverr.

    • Paid to date
      The amount you’ve paid so far for your cash advance.

    • Amount left to pay
      The amount you still have left to pay back for your cash advance. This includes the future earnings that you agreed to sell to Fiverr.

    Note: If you have an active cash advance—meaning that you are still paying it back—you cannot take another. Once you have paid off and returned the full amount of the cash advance, then you can take out another (as long as you’re still eligible for one).

    The cash advance program’s terms and conditions may change from time to time.

FAQs

The Fiverr cash advance aims to help freelancers grow their business—even when they’re short on cash.

  • Eligibility criteria are automatically defined and are subject to change. Your eligibility can change, as it is based on your sales and performance history.
  • The amount varies per seller and is based on individual sales and performance history.
  • Cash advance is the amount added to your available balance to use or withdraw, which is equal to the discounted price of your future earnings that you agreed to sell to Fiverr.

    Amount to Pay is the amount you’ll pay for the cash advance.  This includes the future earnings that you agreed to sell to Fiverr. No interest is charged on the cash advance. The total amount to pay is paid to Fiverr from your future earnings. When you don’t have earnings, you don’t pay the cash advance.
  • There is no pressure to pay the cash advance and you pay with your future earnings—and only when you earn. For every sale you make as a Fiverr seller, 40% of your Fiverr earnings are used to pay the cash advance in full.

    Example: You completed an order for $10. See the cash advance breakdown below:

    Item

    $ (USD)

    Order amount

    10.00

    Standard Fiverr commission

    -2.00

    Net income

    8.00

    Cash advance payment
    (40% of the pre-tax value of $8.00)

    -3.20

    Amount available for withdrawal

    4.80

Was this article helpful?