Business Funding
We Approve 9 Out of 10 Businesses for Funding
You are eligible if your business has been actively processing sales for more than 3 months and is making more than $1,500 in monthly sales online or through a card terminal.
Monthly Processing Volume
-
You could be advanced up to: $6,500
-
You could be advanced up to: $13,000
-
You could be advanced up to: $26,000
-
You could be advanced up to: $65,000
Frequently Asked Questions
By applying online, you can typically get a quote the same day.
In the application, you will be asked to tell us more about your business and your online and/or card terminal sales. This usually takes 5 – 10 minutes and our team are always available to assist if you have any questions.
You can use the funding for any business purpose. Most of our merchants use the funding to buy stock, invest in advertising, carry out refurbishments, add a new location, or to manage a temporary disruption such as a lockdown.
Repayment will happen automatically as a fixed percentage of daily sales.
For example, if your repayment is 20% of daily sales and you made $1,000 in sales on a given day, then $200 would go towards repayment and $800 would go to you. On days without sales, you will not repay anything.
This means that, unlike traditional business loans with an interest rate that is always ticking, the loan advance adjusts to your cash flows without any extra fees or charges.
No. You will only be charged a single fixed fee, so you know exactly what you will repay up front.
To find out your outstanding balance, you can simply log in to your account which shows you your full payment history.
Yes, you can always make one-off payments free of charge if you would like to.
You don’t have to, however. Most merchants prefer the flexibility and free cash flow of simply repaying in accordance with their fixed repayment percentage at no extra cost.