Electronic Payments Financing is a unique approach to small business lending that enables merchants to boost cash flow like never before. Featuring a low 8% fixed fee and convenient payback, this loan will help your merchants stay ahead with the capital they need on terms that are simple and easy to understand.
Unlike traditional lending products and cash advance programs, Electronic Payments Financing provides a convenient, alternative financing solution at a low 8% fixed fee. Qualified merchants can receive $10,000 – $750,000* in capital to finance business investments and pay back the loan over a 12 month period, reducing long-term debt commitments. Loan amounts are based on every credit and debit card charge. This means more receivables can be included in the calculation of the financing amount, enabling merchants to apply for a larger loan!
With more capital, merchants can plan big and not worry about high loan rates. Plus, they have the option to renew the loan one year after initial disbursement, helping you retain a satisfied client!
By adding Electronic Payments Financing to your portfolio of services, you’ll benefit from:
*Final eligibility and loan amount will be based on a review of additional information submitted with the completed application. Additional Terms and Conditions apply.