3D Printing Service Providers

Xometry launches Xometry Advance Card for up to $7,500 up front on jobs

Xometry, the largest global marketplace for custom manufacturing, today announced the launch of the Xometry Advance Card to its network of over 3,000 US-based manufacturing partners.

The card gives American manufacturing facilities in Xometry’s network immediate access to 30% of the value of the Xometry jobs they accept, up to $7,500 on each job. This provides partners with the opportunity to improve their cash flow, giving shops capital to use to buy materials, tooling, and other expenses needed for business operations.

“At Xometry, we’re all about unleashing the capacity of American manufacturing. We want to do everything we can to help the small- and medium-sized American shops in our partner network succeed,” said Randy Altschuler, Xometry Co-founder and CEO. “The Xometry Advance Card makes it easier for our partners to buy what they need to keep their shops growing without worrying about cash flow. Over time, we will also be adding opportunities for discounts and benefits on products relevant to manufacturing partners who are cardholders.”

Xometry Advance Card

The Xometry Advance Card can be used wherever Visa is accepted and has no fees, interest, bills, or impact on the holder’s credit. Its spending limit is set automatically based on the work partners take from the Xometry job board. If money on the card is not used, it will simply be returned to partners with the rest of their job payment. For a limited time, Xometry partners who sign up for the card will receive $100 upon the activation of their card.

“Getting 30% upfront is incredibly helpful for our cash flow, especially in times like this,” said Anthony Marshall, President of Leatherneck Precision Machine, a shop in Xometry’s network.

The release of the Xometry Advance Card is a part of Xometry’s upgraded Shop Finances Partner Portal, which features more frequent, invoice-less payouts that leverages Stripe’s payment technology.

Xometry also recently announced the launch of its new 2D Technical Drawing Marketplace, an innovative platform that expands access to prospective job orders for 3,000+ American machine shops. Shops interested in joining Xometry’s Partner Network can learn more here.

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Victor Anusci

Victor does not really exist. He is a pseudonym for several writers in the 3D Printing Media Network team. As a pseudonym, Victor has also had a fascinating made-up life story, living as a digital (and virtual) nomad to cover the global AM industry. He has always worked extra-hard whenever he was needed to create unique content. However, lately, as our editorial team has grown, he is mostly taking care of publishing press releases.

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