Patreon will now give you your earnings in advance — for a small price. It’s called Patreon Capital, and it’s actually a cash advance against future earnings. Some artists are comparing this to predatory “payday loans” and others are conjuring scenarios in which artists use these funds to cover medical expenses. Given what we know, neither of these interpretations are very accurate. So let’s take a look at what’s actually happening, and see if we can reach a more reasonable understanding.

The content you are trying to access is only available to members.