Flexible business finance

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 (Applies to both Capital providers, 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 and YouLend to bring you this product.

Adyen facilitates financing to Epos Now customers as part of Epos Now Capital. Adyen’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.

YouLend facilitates financing to our Epos Now customers as another option to Adyen. YouLend are an agnostic provider of funding agreements, which means they can facilitate financing to all payments providers that Epos Now work (e.g. Dojo, EVO, Global Payments, Evo).

To be eligible for funding your business must meet the following criteria:

• Be either a limited business or a sole trader
• Have been actively trading using Epos Now payments for at least 3 months with a volume of over $1,000 traded per month.

If this criteria has not been met, then your business will not be offered funding.

To be eligible for funding via YouLend your business must meet the following criteria: 

• Must have been taking card transactions for a minimum of 3 months with any card transaction provider
• Must be open and actively trading at a card transaction level of $1000 per month
• Connect via Open Banking or 3 months most recent bank statements (preferably more) (as PDFs)
• They must not be on the YouLend high-risk list:
  Adult Entertainment
  Nightclubs
  Gambling
  Used Vehicle sales including Motorbikes, Cars & Vans* Fire Arms (*Please note, YouLend does not lend against use vehicle sales, however, will accept vehicle servicing and MOTs)

The Epos Now Capital offers show for our merchants who are pre-qualified by the trading numbers they are doing through their Epos Now system. As part of YouLend’s application process they will look at all of your transactional history you provide via bank statements or Open Banking Data so will be able to take more income streams into account that your Epos Now system might not capture as data. You can apply through the page on the Epos Now App Store for more information if you are not seeing offers yet. 

The main difference is who can apply for each. Epos Now Capital via Adyen is only applicable to Epos Now Payments customers, who have been trading for more than 3 months. Epos Now Capital via YouLend can fund any of our merchants trading through any card transaction provider we work with. 

There is also another difference between the lending limits between the two providers:

Epos Now Capital via Adyen was established in January 2024 as part of our product offering, with Adyen being relatively “new” to the lending market they are openly more cautious than other lenders out there, with less credit checks and a much lower cost (fixed fee). This means that they currently have a lending cap of $25,000 established. This is continually being reviewed and we expect them to up the cap soon to increase the amount of merchants they can help with funding of this type. 

Epos Now Capital via YouLend was established in January 2022, with YouLend being their own entity of funding dating back to 2016 who have a more established lending platform and process which enables them to scale their funding up to $1,000,000 where appropriate. 

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, and the outcome results in the offers displayed to you.

For Epos Now Capital via Adyen The offers start with a minimum of $500 and can be up to $25,000 depending on your business profile.
For Epos Now Capital via YouLend the offers start at a minimum of $1000 and can be up to $1,000,000 depending on your business profile.

Epos Now Capital (via Adyen) repayment amount is automatically deducted from your daily payout amount until fully repaid, and is deducted before your payout is transferred into your account.

Epos Now Capital (via YouLend) works under the same remit as the above in terms of a set % being taken according to sales. YouLend account managers help explain the set up of this process during the final stages of the application.

Via Adyen: 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.

Via YouLend: Yes, this is possible, YouLend can facilitate a multitude of payment gateways/types in order for you to repay your outstanding agreement with them. Contact them on support@youlend.com or +1 332 345 8560

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.

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. 

The funds will arrive as part of your next scheduled Payout.

The Epos Now Capital financing arrangement will be paid to the bank account selected during the application process.

Applying for Epos Now Capital via Adyen does not replace or change any existing funding you have with YouLend. If you wish to increase your existing YouLend funding, you can do so via the YouLend dashboard. 

While you can sign up for an Epos Now Capital funding with an already existing YouLend funding, you will be subject to repayments for both Adyen and YouLend, which means your Net Payout amount will be net of deductions by both providers. Please ensure that you are comfortable with this before proceeding.

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.