There are two main purposes to Denim Cash:
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Keeps track of each rebate generated after your customer pays the respective invoice. Upon posting a payment to an invoice, your Denim Cash will generate a Rebate Auto Giveback, which simply means the rebate is flowing into your Denim Cash account.
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Fund your non-factored jobs. If you ever need to pay a contractor, but you are not factoring the invoice, you can send Denim the funds so we can pay your contractors.
Requesting Denim Cash:
On your Denim Dashboard you can view your Denim Cash Balance and the Denim Cash available for you to request. Use the Request Release button to request a release to your Denim-connected bank account.
If you have upcoming Chargebacks or Denim Cash-funded Payables that may be at-risk due to the amount you are requesting, you will see a warning explaining the risk before you submit your request.
You can only have one active request for Denim Cash. Review or cancel requests in the Request Center.
Negative Denim Cash:
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If your Denim Cash account is negative, this likely means you had some invoices charged back, or you over-advanced a contractor. To get your account back in the green Denim will recover the negative amount from your client advances, or you may be asked to send the negative amount to Denim. To review your Denim Cash history and transactions you can view the Denim Cash Report.