Andressa Ribeiro
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Recent activity by Andressa Ribeiro-
What is the minimum limit available to qualify for a Line of Credit?
Line of Credit is only available for Amazon sellers registered in any of the 50 states of the United States (except North Dakota, South Dakota, and Vermont), the District of Columbia, the Commonwea...
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What is an Interest-Only Period?
Subject to approval by SellersFi, sellers may have the option to select an interest-only period at the onset of their loan repayment schedule. During an interest-only period, principal payments are...
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Is it possible to lower my Line of Credit interest rate?
Unfortunately, once an interest rate is locked in for a Line of Credit, the rate can’t be adjusted.
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How do I make a withdrawal from my Line of Credit? When should my funds be available to use?
Once you have been approved for a Line of Credit, your limit will be available in your SellersFi Dashboard: 1. Go to the Line of Credit page 2. Scroll the term bar to select your...
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Can my available Line of Credit change?
Unfortunately, your Line of Credit is not subject to modification at this time.
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Where are the loans under the Line of Credit deposited?
Funds can currently be deposited into your business bank account that is linked on Amazon Seller Central.
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When will I pay back loans under my Line of Credit?
For each withdrawal, you’ll select a repayment schedule between 3 to 24 months, which is subject to SellersFi approval. We’ll collect payments from you on a bi-weekly or monthly basis, according to...
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What is the application process for the Line of Credit?
From your Amazon Seller Central homepage, search for the SellersFi offer with your pre-qualification amount, and proceed to the SellersFi application flow. Once you complete the application process...
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What documents or information are required to be approved for the Line of Credit? What types of bank documents are necessary?
The following documents and information are required to be approved for a Line of Credit: (Please note that we may also ask for additional information, if required.) You must have a registered ent...
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How can I get my balance and statement?
You can view the details of your loan balance on the SellersFi app, under the Line of Credit information page. On the “Line of Credit History” table, find the loan you wish to review. Click on t...