Launching Sage Pay Business Finance
Liberis are proud to share the launch of Sage Pay Business Finance! A brand-new product formed in partnership with enterprise software developers, Sage Pay, as announced at last month’s Sage Summit, London.
Through this collaboration, Liberis will be providing Sage Pay customers with all the smart technology of our Business Cash Advance; allowing them to receive additional funding support as an advance of their future card takings and continue to grow their businesses. But the best part of the advance is the repayment system, which is based upon a fixed percentage of the business’ daily card takings.
Borrowing this way means that the amount that business owners repay each month will work in line with their business’ cashflow, rather than as a fixed monthly sum. This will allow them to pay more when they’re earning more, and to pay less when business is slow; so there’s no such thing as a late payment! It’s a funding solution ideal for seasonal small businesses, whose revenue fluctuates throughout the year.
Rob Straathof, CEO at Liberis says: “We are really proud to be working with Sage Pay, and to provide access to finance that many UK business owners feel doesn’t currently exist for them. Our customers love the way our product mirrors their card takings, working with their businesses and enabling them to realise their plans without the stress of fixed repayments.”
Whether the funding is needed to buy new stock or to refurbish business property, small business owners can apply for Sage Pay Business Finance online in as little as 5 minutes, and get a decision on their application within 24 hours.