How does the program work?
Instant Payouts is a receivables factoring product. This means that Brex will purchase a certain percentage of the payment you will receive from Amazon for goods or services offered through your Amazon account. We will pay the purchase price upfront, which means that you can receive a portion of your sale proceeds up to 14 days in advance of the date you would have received it from Amazon. Brex will then collect the amount of the purchase price, plus a fee, on the day that Amazon pays out the balance. Any excess amounts will be released to your Brex Cash account.
Brex Inc. provides a corporate card. Brex Treasury LLC is an affiliated SEC-registered broker-dealer and member of FINRA
that provides Brex Cash, a program that allows customers to elect to sweep uninvested cash balances into certain money market mutual funds or FDIC-insured bank accounts at program banks. Investing in securities products involves risk, including possible loss of principal. Brex Treasury is not a bank and your Brex Cash account is not a bank account. Please see brex.com/cash
for important legal disclosures
. Past performance is not necessarily indicative of future results.
Brex Treasury is not an investment adviser, and therefore investors should consider the investment objectives, risks, and charges and expenses carefully before investing. Brex Treasury LLC does not charge transaction or account fees. However, money market funds bear expenses and fees. See program disclosures
and the applicable fund prospectus
for details and other information on the fund. Contact us for a copy of the fund prospectus and recent performance data. You should read the prospectus carefully before investing.
Member of SIPC, which protects securities customers of its members up to $500,000 (including $250,000 for claims for cash). Explanatory brochure available upon request or at www.sipc.org
The Instant Payouts Program is offered by Brex Finance I LLC, an affiliate of Brex Inc. and Brex Treasury LLC. The Program is a factoring arrangement and not a loan. You must have a valid Brex Cash account in good standing in order to qualify. Subject to further conditions.
None of the information contained in this email represents an offer to buy or sell, or a solicitation of an offer to buy or sell, any security, and no buy or sell recommendation should be implied. This message is intended only for the personal and confidential use of the designated recipient(s). If you are not the intended recipient of this message you are hereby notified that any review, dissemination, distribution or copying of this message is strictly prohibited.