# 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”