SetloDocs

Reference

Money terms

What each amount in a package means.

Per slot

TermMeaning
DepositCredited to the supplier when the booking confirms.
Paid hold (part of the deposit)Earned when the supplier accepts. Kept even if the booking later expires. Can't exceed the deposit.
BalanceCredited to the supplier when balances are released after the event.

Per package

TermMeaning
Agency feeCredited to the agency when the booking confirms. It's the agency's income, shown openly to the client.
Hold-fee capThe most the client can lose in paid holds, including suppliers who were replaced after accepting.
Required fundingDeposits + balances of every slot + agency fee + hold fees already earned by replaced suppliers.

Setlo's own fee

None. Setlo takes no cut in this version and pays the network fees for clients and suppliers.