Offers
View available financing offers
Offers
The Offers section displays available financing offers tailored to your business. Review terms, compare options, and apply for the financing that fits your needs.
Available Offers
If you're eligible, you'll see available offers with:
| Field | Description |
|---|---|
| Offer Amount | Maximum financing available |
| Total Repayment | Total amount to repay |
| Fee | Cost of financing |
| Daily Rate | Percentage of daily sales for repayment |
| Estimated Term | Projected repayment timeline |
Offer Details
Financing Amount
The amount you can borrow, typically based on:
- Monthly transaction volume
- Account history
- Business performance
Fee Structure
Clear, upfront pricing:
- Single flat fee
- No interest charges
- No hidden costs
- No prepayment penalties
Repayment Rate
Percentage of daily sales used for repayment:
| Rate | Example (₱10,000 daily sales) |
|---|---|
| 10% | ₱1,000 daily repayment |
| 15% | ₱1,500 daily repayment |
| 20% | ₱2,000 daily repayment |
Estimated Term
Projected time to fully repay based on your average sales:
Note: Actual term varies with your sales volume. Slower sales = longer term, Higher sales = faster payoff.
Comparing Offers
You may receive multiple offers with different terms:
| Offer | Amount | Fee | Rate | Est. Term |
|---|---|---|---|---|
| A | ₱100,000 | ₱8,000 | 10% | 90 days |
| B | ₱200,000 | ₱20,000 | 15% | 120 days |
| C | ₱300,000 | ₱36,000 | 20% | 90 days |
Choosing the Right Offer
Consider:
| Factor | Lower Amount | Higher Amount |
|---|---|---|
| Cash flow impact | Smaller daily deduction | Larger daily deduction |
| Flexibility | Less financial pressure | More capital available |
| Cost | Lower total fee | Higher total fee |
Applying for an Offer
Step 1: Review Terms
Carefully review all terms:
- Total amount
- Total repayment
- Fee amount
- Daily repayment rate
- Estimated timeline
Step 2: Accept Terms
Click "Accept Offer" and agree to the terms and conditions.
Step 3: Verification
Confirm your identity and business details.
Step 4: Approval
Receive approval decision—often within hours.
Step 5: Funding
Funds deposited to your PayMongo wallet or bank account.
Offer Expiration
Offers are valid for a limited time:
- Check expiration date on each offer
- Offers refresh periodically
- New offers may be available after expiration
No Offers Available?
If you don't see offers:
| Reason | Solution |
|---|---|
| New account | Continue processing to build history |
| Low volume | Increase transaction volume |
| Existing loan | Pay down current loan |
| Account issues | Resolve any account problems |
FAQs
Can I apply for multiple offers?
Typically, you can have one active loan at a time. After significant paydown, additional offers may become available.
Will applying affect my credit?
PayMongo Capital decisions are based on your PayMongo activity, not external credit checks.
Can I negotiate terms?
Offers are pre-calculated based on your profile. However, new offers with different terms may become available over time.
Feel free to reach out to [email protected] if you have questions about Capital offers!
Updated about 15 hours ago