📈Stripe Capital

Tilt has partnered with Stripe to offer eligible businesses access to fast, flexible financing through the Stripe Capital programme.

Eligibility

Tilt business sellers are automatically reviewed for eligibility on a daily basis, and we’ll send you an email if your business qualifies for an offer. The criteria for eligibility is based on a number of factors including your transaction volume and history with Tilt.

Eligible businesses will receive an email if they have an offer available to apply for.

Stripe Capital is currently only available to UK-based Tilt business sellers. If your business is located outside the UK, you won't be eligible for offers at this time.

Offer Structure

If eligible, you’ll receive an email with your personalized offers and you can choose the one that works best for your business. Each offer will outline:

• The financing amount: The amount that will be deposited into your bank account

• The flat fee: The fee you’ll pay over time in exchange for the financing amount – there are no other fees and or compounding interest

• The total amount owed: The sum of the financing amount and the flat fee

• The payment rate: The percentage of your daily card transactions processed through Tilt that will be withheld to pay the total amount owed

Here’s an example offer you might receive:

• Financing amount: 17,000 GBP

• Flat fee: 1700 GBP

• Total amount owed: 18,700 GBP

• Payment rate: 12%

If you accepted the example offer above and were approved, you would receive 17,000 GBP in the bank account associated with your Tilt account within 1-2 days, along with your usual payout. Stripe would then withhold 12% of your daily transaction total, in addition to the usual processing fees until you’ve paid the total amount owed of 18,700 GBP (the 17,000 GBP plus the 1,700 GBP flat fee).

Payment

You’ll automatically pay the financing over time through a percentage of your transactions according to your payment rate. The payment process will begin automatically 1-2 business days after the funds have been deposited into your account. The more sales you process through Tilt, the faster you’ll pay.

There are no additional fees for early payment. If you would prefer to pay faster or pay the entire outstanding balance, you can arrange to make a manual payment in addition to the withheld amounts. To make manual payments, contact our partner, YouLend, at [email protected]. There are no additional fees for early payment.

Paying early doesn’t guarantee subsequent financing offers. Accounts are automatically reviewed for additional offers on a daily basis and we’ll send you an email if you qualify for any additional offers.

To see a daily summary of your payment progress, see the financing overview page.

_{Financing types offered through Stripe Capital include loans and receivables purchase agreements. Financing provided by YouLend. All financing requests are subject to final review prior to approval.}