Cash Advances by VenuePilot: Short term Liquidity for Independent Venues
VenuePilot gives our clients the opportunity to take out cash loans on an event-level basis. Upfront cash advance amounts are given based on previous ticket sales data and projected sales data. These advances allow you to take out a loan that goes toward a specific event, and is paid as tickets sell without any price increases.
What are our Cash Advances?
Many businesses find traditional cash advances restrictive, burdened by lengthy contracts and complex fine print. We're changing that by offering a truly different approach. Our goal is to provide you with quick access to capital, based on your proven track record, without tying you into a contract. You get the liquidity to meet your immediate needs, for an incredibly transparent 75 cents a ticket, and NO change in fee price or the price the customer pays. It's financial freedom, simplified.
To get started, we recommend first contacting us at clientsupport@venuepilot.co to help walk you through the process.
Getting Set Up
First, go to Settings --> Integrations, and click on "Connect" next to "VenuePilot Cash Advance" to fill out the initial application.You'll need the following information for the whole process:
- Company tax ID
- Bank login details
- Select Venue
- Bank account number
- Bank account routing number

This will take you to this screen:

After inputting all information, you'll see the following popup:

From here, click on "Connect Plaid":

Click "Continue" on the popup:

From here, find your bank and enter all login details:
If this is successful, you'll see the following popup:
Financing Events
After you've been approved by Oatfi, you'll be able to finance events in the ticketing page of the event in the "Finance" button:
And you'll have the option to select the amount you want to borrow for this event:
Questions? Reach out to us at clientsupport@venuepilot.co.
NOTE: Stripe MUST be set up already in your account!