Cash advance

What is a cash advance?
A cash advance is a financing service available to customers with an Advanced or Enterprise plan, provided through Malt’s financial partners.

It allows freelancers to receive payment within 10 days, instead of waiting for their client’s usual payment terms.

Thinking about changing your plan? Click here to learn how.

How does cash advance eligibility work?

Malt partners with financial institutions to provide this service. When you enter your billing details, your eligibility for the cash advance is automatically evaluated. By accepting our Terms of Service (T&Cs), you allow the freelancers you work with to access this service by default.

Eligibility for the cash advance is dynamic and may vary between the start of the project and the invoice approval.

Cash advance eligibility criteria

Eligibility for the cash advance depends on several criteria, both on the freelancer’s and the client’s side.

For freelancers
• The account’s legal documents must be valid, confirming an active business status.  
• There must be no financial or ownership ties between the client and the freelancer.  

For clients
• The company must be deemed eligible by our financial partners following an assessment of its financial health.  
• Payment terms must comply with standard conditions (between 30 and 60 days after the invoice date).  
• All billing details must be correctly filled out (for example, a verified professional email, a valid SIRET or equivalent identifier, and an intra-community VAT number where applicable).  

If all these criteria are met, the invoice becomes eligible for a cash advance, meaning payment can be received within 10 days from the date the client validates the invoice.

Invoice and expense report eligibility
Both project invoices and expense reports can qualify for the cash advance, subject to additional conditions:  
• The invoice must be less than 20 days old from its issue date.  
• The minimum financed amount is 20 EUR, USD, or GBP (unless otherwise specified by the financial partner).  
• Invoices below €2,000 are less likely to be approved by our financial partners.  
• In the event of repeated late payments, invoices may no longer be eligible for financing. Eligibility can be restored once outstanding payments are settled.  

Upon creation of a client account and each time an invoice is issued, our financial partners carry out a double check to confirm financing eligibility.