EarlyPay Term Options, Financing Limit, and Cost

Edited 2 years ago

What term options does Slope offer?

Slope currently offer the following term options:

• Net terms: 30, 45, or 60 days
• Installments: 2 equal payments over 60 days (day 30 and 60), or 3 equal payments over 90 days (day 30, 60, and 90)

Customers can prepay loans anytime without penalty and with financing fees prorated based on actual number of days borrowed.

What type of financing limit can a customer expect?

We evaluate the credit worthiness of each business and the pre-approval amount varies. The best way to find out about your financing limit is to apply.

Our automated system approval is capped at $100K, but eligible customers will also be manually assessed for a potentially higher limit.

• Once you’re approved, we reassess your business for line increases from time to time, as you accumulate payment history and expand

How much does the financing cost?

This program offers competitive rates based on each customer's risk profile. The best way to find out about your pricing is to apply.

• No Hidden Charges: Our cost of borrowing is straightforward - no extra fees for applying or maintaining your financing limit; only “What You See Is What You Get”