Advance Funds Advance Funds are the monies advanced under a loan to the borrower. They exclude monies retained from the Principal by the lender as Prepaid Interest. By Tracey Becker|2022-09-07T14:11:56+10:0030 August 2022|Comments Off on Advance Funds Share This Story, Choose Your Platform! FacebookTwitterLinkedInEmail About the Author: Tracey Becker