Thanks to Daily Advance (a solution developed in partnership with the fintech company Storfund), Kaufland Global Marketplace sellers can receive instant payments for their sales as soon as they ship their orders. This means they are independent of the regular payments made by the marketplace.

Why use Storfund?

• Instant payments: Receive your money immediately after your order is shipped, instead of waiting weeks for payment.
• One-time payout and continuous cash flow: With your first advance payment, you will receive the amount you are entitled to for payments that are already due but have not yet been paid out.
• Cash cycle optimisation: Daily Advance allows you to optimise your cash cycle, which can help support the growth of your business.
• Flexible scaling: There is no cap on the payout amount; no matter how much you sell, the payouts adjust to the sales volume.
• No minimum term: You can terminate your use at any time.

Have we sparked your interest?

If you are interested in using Daily Advance, Storfund can generate a fee simulation using your sales data so that you can see exactly what you would have paid to use Daily Advance in recent months and over the past year.

Requirements for using Daily Advance:

• Average monthly sales of at least £20,000, €20,000 or $20,000 over the past six months (this amount can be spread across multiple Kaufland marketplaces).
• Your business must be a registered company, limited liability company or similar legal entity.
• You must have been active on a Kaufland marketplace for at least six months.
• Your company must be registered in Canada, the EEA, the United Kingdom or the United States; under certain conditions, China, Hong Kong or Australia are also permitted.

Note: When providing financing, it is a legal requirement to check the company’s financial health. As is customary in the financial services sector, various factors, such as sales and refund rates, are considered during the review process.