Cryptic crossword clue
Chessman’s upward move where advances are made 8

The most common and most likely answer to this crossword clue is the 8 letter word PAWNSHOP

I've seen this crossword clue in Financial Times
P
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Buddy explains!

The straight part
We know that "where advances are made" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case where advances are made = pawnshop.
The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.
This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.

What does PAWNSHOP mean?

PAWNSHOP noun
  1. The business premises of a pawnbroker; where loans are made, with personal property as security

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