You can check your current payment schedule and amounts due by navigating to your Payment Info page on the left-hand column of your dashboard.
Below are the general payment timelines for both a "Straight Pre-order" campaign, or a traditional crowdfunding "Targeted Pre-order"
Straight Pre-order: This is if you are able to complete the project and fulfill all of the pledger’s orders, regardless of the funds raised. You would receive 51% of the funds raised when you release the digital download to pledgers, and then receive the remaining funds (less our 15% commission) 2 weeks after the last item is marked as shipped in the campaign. Note: There must be NO open pledger questions.
Targeted Pre-order: This is where you have a set goal to reach a financial target. We typically launch the campaign with a 60 day timeline to reach the goal, once the goal is reached, the campaign stays open until the release date (and sometimes beyond- to allow you to continue to bring in more orders). The goal must be reached in order to receive the funds, and pledgers are only charged once you reach your goal. The payment schedule works as follows:
-You receive 60% of the goal amount when the goal is reached
-You receive 25% of the goal amount when you release the download to pledgers
-You receive any funds raised above the goal (minus our 15% commission) 2 weeks after the last item is marked as shipped in the campaign. Note: There must be NO open pledger questions.