Accessing the Advances Section
Start by navigating to the left sidebar menu in your Fundmore dashboard
Click on the "Advances" option to view all your current advances
The Advances page displays a table with all your funding deals, including details such as:
Deal name
Funder information
Amount
Status (most showing as "on track")
Paid in percentage
Originators (such as Victor Fleha)
Closers
Funding dates
Auto Add Payouts
For efficient payment management:
Click the "Auto add payouts" button
This feature automatically adds commission and fee payments for the advance
It also handles distributions according to payment splits if applicable
Click "Confirm" to enable automatic payout handling
Adding a Commission Payment
To add a commission payment to an advance:
Find the advance you want to add a commission to (e.g., Mercury Advance Partners)
Click the "Add payment" button in the toolbar above the table
In the "Add payment" modal that appears:
Enter the commission amount in the Amount field
Set the Expected date (defaults to current date - 3/24/2025)
Select the payment Type (choose "commission" from the radio button options)
Configure Payment splits if applicable using the dropdown menu
Click the "Confirm" button to add the commission payment
Once confirmed, the payment will appear in the Payments tab where you can track and manage it.