The Xometry app works best with JavaScript enabled!
Our SolutionsIndustriesResourcesXometry EnterpriseHow Xometry WorksBecome a Supplier
Additive Manufacturing

3D Printing Service

Metal 3D Printing Service

Solutions For Every Industry
ResourcesSupplier Shop TipsThe New Shop Finances Experience and Xometry Advance Card
Xometry Advance Card

The New Shop Finances Experience and Xometry Advance Card

Xometry has completely overhauled our payment process for our manufacturing partners and launched the new Xometry Advance Card to alleviate cash flow woes and provide a streamlined payout process for work.

This is William Krueger and his dog, Bosley. Part of Xometry's amazing team in Lexington.
By William Krueger
September 17, 2020
 3 min read
RECENT STORIES
[Download] 2024 Career Advancement in Manufacturing Report
February 20, 2024

Cash flow is one of the biggest challenges that our manufacturing partners face. From the high upfront costs of materials and tooling to paying the bills to keep the lights on and machines running, it can sometimes be hard to find the cash to do it all.

With this in mind, Xometry has completely overhauled our payment process for our manufacturing partners and launched the new Xometry Advance Card to alleviate cash flow woes and provide a streamlined payout process for work.

Let’s take a closer look!

Invoice-less Payouts With New Shop Finances Experience

We’ve rewritten the playbook on payouts for Xometry jobs with our entirely new Shop Finances experience. Next time you log in to Workcenter, you’ll notice a new tab called Shop Finances. This is the new home of everything related to job payouts for your Xometry work.

Once you complete a job and mark it as such in Workcenter, the payout will be automatically scheduled per Xometry’s payment calendar. We now payout every week, instead of twice a month as before, so you’ll receive payouts more frequently. At any point in time, you can see scheduled payouts, review your finances, and check the balance on your Xometry Advance Card (more on this later) on the new Shop Finances tab.

Slide 1 of 1
Xometry's new shop finances powered by Stripe. Invoiceless, easy-to-use dashboard, weekly payout, and access to Xometry Advance Card.
Xometry's new shop finances powered by Stripe. Invoiceless, easy-to-use dashboard, weekly payout, and access to Xometry Advance Card.
Xometry's new shop finances powered by Stripe. Invoiceless, easy-to-use dashboard, weekly payout, and access to Xometry Advance Card.

It’s also entirely invoice-less, meaning you no longer need to submit invoices to Xometry to receive payment. It’s all automatic thanks to our integration with the financial technology company Stripe.

If you have any questions, you can check out the Xometry Payout FAQs in the Xometry community.

Finally, a Card That Works With You

The most exciting part of the new Shop Finances experience and the integration with Stripe is the Xometry Advance Card. If you opt-in for your very own Xometry Advance Card, you will receive up to 50%* of the value of eligible Xometry jobs immediately on the card after you accept the job for you to use to cover any business-related expenses such as materials and tooling. Have other business needs? No problem. You can use the Xometry Advance Card wherever Visa is accepted. If you don’t use all of the funds on your card, they will simply be paid out according to your Shop Finances payout schedule.

Sometimes I can’t accept jobs that are perfect for my shop because the upfront cost for materials is just too high. With the Xometry Advance Card, that’s no longer an issue.
Ryan Warner,
WarnerWerks

The best part about the Xometry Advance Card is that it’s completely free. There are no bills, interest rates, fees, or impact on your credit rating.

To sign up for your very own Xometry Advance Card, head to the new Shop Finances tab in your Workcenter. To learn more, visit our FAQs in the Xometry Community.

The entirely reworked Shop Finances experience and the new Xometry Advance Card are just a few of the ways Xometry helps small- to mid-sized machine shops grow, streamline, and improve their business.

*Subject to Terms and Conditions

This is William Krueger and his dog, Bosley. Part of Xometry's amazing team in Lexington.
William Krueger
As a digital marketing specialist, William works with all forms of media from photography and video to content writing and graphic design to tell the story of American manufacturing. He holds a B.A. in Communication from Wittenberg University.