Patreon will now give creators cash advances on their subscription money

Patreon has started a program called Patreon Capital, which grants micro-loans to creators. It’s essentially a cash advance: you get money now in exchange for some of your future earnings plus a small premium. It’s different from Patreon’s usual business but it will diversify the company’s revenue, which should make Patreon a more sustainable business.

Source: Patreon will now give creators cash advances on their subscription money

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