If you're looking to fund outstanding invoices between $500 and $50,000, your repayment will be scheduled over 12 weeks. Your weekly repayment amount will consist of 1/12th of the amount you advanced, plus a weekly funding fee of 0.5%.
For example, the weekly repayment amount for a $1000 invoice would be $88.33, for an overall funding fee of $60 over the 12 week repayment period. However, you always have the option to save on fees by repaying your advance early and waiving all remaining fees.
For businesses with outstanding invoices totalling over $50,000, we offer preferred rates based on your business’ health and the specific invoice you want to advance. We are transparent about our fees and you will always see the fee before you fund any invoice. Learn more about our pricing.