What reaches the business?
Understand the amount actually disbursed and any fees or deductions. The amount requested and the amount available after review may differ.
What will the business pay?
- The total repayment under the actual terms.
- Any fees and when they are charged.
- Payment amounts, frequency and collection method.
- The financing term and early-payment conditions.
- Any guarantees, collateral or other obligations.
A factor rate and an annual percentage rate are not interchangeable measures. Ask for a clear explanation of the total dollar cost and payment schedule when comparing products.
Does the schedule fit ordinary operations?
Compare payment dates with customer receipts, payroll, suppliers and current obligations. Look at a quieter month as well as your strongest month. Ask a qualified financial or legal adviser about anything you do not understand.
What does the funding timeline mean?
Funding may arrive 24–48 hours after approval and required documentation. Timing, approval and funding are not guaranteed.
How do the incentives fit?
You do not have to accept a loan for first-reward eligibility. Complete your application and qualify. You can decline financing and still be eligible for this first reward.
Signing financing terms and receiving funding are required only for additional rewards. They are not required for your first reward.
Dining and getaway incentives have their own availability, expiry and redemption terms, including any applicable taxes or fees. Read the incentive conditions and the specific voucher offer before claiming.