To get funding your company needs to:

• Be in eCommerce selling products online
• Have been in business for at least 6 months
• Have at least $250,000 in annual online sales
• Be incorporated in the United States, Canada, the United Kingdom, Australia, New Zealand, Ireland, Spain, The Netherlands, Belgium, Denmark, or Sweden.

Outstanding financing or other Merchant Cash Advances may affect your eligibility for Sezzle Capital.

Sezzle Capital is partnered with Wayflyer to provide funding to eCommerce companies which is paid back using a percentage of your daily revenue.

For every funding offer, there are three terms to be aware of;

1. The Funding Amount: this is the funding you will receive from Wayflyer (for example; $100,000)
2. The Fee: this is applied to the total amount of funding you get. In this example, let’s say it’s 6%. So, if you take $100,000 of funding, at a 6% fee, the fee will be $6,000. This means the total amount to be repaid to Wayflyer will be $106,000 (The Funding Amount + the Fee). This is not an interest rate.
3. The Repayment Rate: this is the percentage of your daily sales which will be used to repay Wayflyer. In this example, let’s say it’s 12%. Therefore, 12% of your online sales will be sent to Wayflyer each day until the $106,000 is repaid.

Once you are happy with a funding option, send some identification documents, and answer a few additional questions from our Finance team.

We send you a contract and once signed, you can have funding in your account within 1-3 days (depending on how long it takes your bank to receive the funds).

Each day, repayments are made from your bank account to Wayflyer by an Automated Clearing House (ACH) Pull or a Direct Debit depending on your country.

This amount is calculated each day by multiplying the Repayment Rate in your contract by the Sales collected through your online store that day. Therefore, the amount varies in line with your sales.

The ACH pull (Direct Debit) continues until the total amount is repaid.

The funding is provided by our partner Wayflyer and your contract will be with Wayflyer.