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Can I edit my invoice after submitting a loan request?
Can I edit my invoice after submitting a loan request?
Yes, until your application reaches
Approved or Rejected. Note that you cannot reduce invoice size below the 70% ceiling of your current requested advance; lower the loan request first if you need to shrink the invoice.Can I change my requested amount after approval?
Can I change my requested amount after approval?
No. Once your application is
Approved or Rejected, borrower edits to the loan request and invoice are locked.Which buyers does Masterpiece Labs support?
Which buyers does Masterpiece Labs support?
Masterpiece Labs maintains an internal list of allowed buyers. If your invoice is from a buyer not on that list, the application will prompt you to include additional supporting documentation about the buyer’s financials, which we use in underwriting.
Do I have to sign the loan agreement before setting up DACA?
Do I have to sign the loan agreement before setting up DACA?
No. You can start DACA setup before signing the loan agreement.
Where do I complete business verification?
Where do I complete business verification?
Inside the Masterpiece Labs app. The verification button opens a hosted Didit session at
verify.masterpiecelabs.xyz. Masterpiece Labs receives the decision through a signed webhook and updates your status.What happens if my buyer pays early?
What happens if my buyer pays early?
Masterpiece Labs settles your loan as soon as the payment clears the DACA account. You do not need to wait for the end of the term.