Flexible Business Finance
Epos Now Capital is a new financing solution that provides SMEs with up to $40,000 in funding to drive business growth, marketing investment and cash flow management.
No hidden fees, no fixed monthly payments - just instant access to business financing, repaid only when your customers pay you. Check your eligibility below.
Fast approval
Applying takes 3 minutes and funds can be with you as early as tomorrow.
Flexible repayments
No hassle with automatic repayments that flex with your card sales.
Unaffected credit score
Apply to Epos Now Capital without affecting your credit score.
Why Epos Now Capital?
- Financing available from $2,000 - $40,000
- Money in your account in less than 48 hours
- Payments mirror your cash flow
- One agreed cost that never changes
- Simple and easy to understand approval process
Fast-track your business dreams with Epos Now Capital
Epos Now Capital provides SMEs with business financing up to $40,000.
With no business plan required, our financing can be used for expansion, marketing investment, inventory purchasing, cash flow management, or simply to overcome unexpected business interruptions.
What our customers have to say
"The process to apply is simple and repayments through your sales makes it a much easier way to manage than bank loans. It is also something we can monitor through the app which we like."
Mark
The Real Dog Food Company
- What is Epos Now Capital?
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Epos Now Capital is a funding scheme based on the value of the card payments your business receives and future potential. It includes a fixed cost agreed upfront, so you know exactly how much you will pay. It is designed especially for small and middle-sized enterprises.
The repayment amount is automatically deducted from your payouts until it is fully repaid (for more specificity see “How Does Repayment Work). It happens automatically mirroring your cash flow – ideal for seasonal businesses.
Funding can be used for different purposes including refurbishment, hiring staff, purchasing inventory, expanding premises, equipment upgrades – or whatever your business needs may be.
Epos Now Capital have partnered with Adyen Canada Ltd to bring you this product.
- What is the relationship between Epos Now Capital and Adyen Canada LTD?
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Adyen Canada LTD facilitates financing to Epos Now customers as part of Epos Now Capital. Adyen Canada LTD’s system helps us provide the best financing arrangement offers based on your business profile. These offers will only be available to Epos Now Payments customers.
- Who is eligible for Epos Now Capital via Adyen Canada LTD? If I have not received an Epos Now Capital Offer, does that mean I am not eligible?
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To be eligible for funding your business must meet the following criteria:
- Be either a limited business or Limited Liability Company
- Have been actively trading using Epos Now payments for at least 3 months with a volume of over $1,000 traded per month.
- Capital in Canada is not available to users in Quebec & Saskatchewan
If this criteria has not been met, then your business will not be offered funding.
- How is the amount of financing and repayment rate calculated for Epos Now Capital?
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The amount of financing and repayment is calculated through a proactive risk assessment of your business based on your payment transactions. This assessment is carried out by Adyen Canada LTD, and the outcome results in the offers displayed to you.
For Epos Now Capital via Adyen Canada LTD The offers start with a minimum of $500 and can be up to $25,000 depending on your business profile.
- How does repayment work?
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Epos Now Capital (via Adyen Canada LTD) repayment amount is automatically deducted from your daily payout amount until fully repaid, and is deducted before your payout is transferred into your account.
Daily repayments may be auto-paused and restarted if user is ahead of schedule in order to comply with local regulation. - Can I settle my Epos Now Capital agreement early?
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Via Adyen Canada LTD: This is possible, but not the smooth process we want yet. Currently you would need to email “Capital@eposnow.com” with the request to increase your withhold % in order to repay the funding faster.
- Does my Epos Now Capital offer expire?
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Yes, your Epos Now Capital offers automatically expire, and new ones are displayed on a weekly basis. Please note that each new Epos Now Capital offer is determined by the latest trading data, and the maximum amount we can offer might change over time.
- What can I use the funds for?
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You can use the financing arrangement for any business purpose. Most businesses will use the funds to buy inventory, invest in advertising, carry out refurbishments, add a new location, or manage temporary operational disruptions.
- How long does it take to receive the funds in my account after the Epos Now Capital payment has been made?
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The funds will arrive as part of your next scheduled Payout.
- Where will the Epos Now Capital funds be paid?
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The Epos Now Capital financing arrangement will be paid to the bank account selected during the application process. This is most commonly the same account you receive your daily payouts into from Epos Now Payments
- What do the following terms mean when used in relation to Epos Now Capital?
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As part of the finance application processes, you’ll come across the following terms. Here is a description of their meaning:
- Amount you receive (or Principal amount): The financing amount requested.
- Fee: The fee applied as part of the finance.
- Total repayment amount: The overall amount to repay against the finance.
- Withholding percentage: The percentage withheld on your daily payouts.
Expected term: The period of time expected for you to repay the finance under normal trading conditions.