Unlock the power of your business with MyPay, where unlocking funds from your upcoming credit and debit card sales is effortless. Our mission is simple: to empower your business with the capital it needs to flourish, allowing you the freedom to invest in what truly matters.
Enjoy a faster application process than traditional loans, with approvals in as little as 1-2 business days.
Following approval, you can expect accessible capital to land in your account in 2-3 business days.
At MyPay, your repayment schedule is relaxed and sales-based. So, you only make significant payments when sales are good, with lower payments during slower periods.
Based on your history, MyPay determines your eligibility for funding. Applying is hassle-free and won't impact your credit score.
Businesses must be at least six months old, with a minimum monthly processing volume of $1,000 for the most recent three months. Additional qualifications may apply. Terms and conditions are in place.
A percentage of your daily sales is automatically allocated to repay your cash advance, providing flexibility. Plus, applying for additional capital becomes even more convenient once you establish a payment history.
With MyPay’s ACH Solutions, you can process and deliver ACH transactions through your preferred deployment model, regardless of your institution’s size or transaction volume. Enjoy the following benefits:
Complete an online application with MyPay.
Upon approval, you will receive offers directly from MyPay. Browse your options and choose the offer that best suits your business.
After selecting your offer, you can expect to receive funds within 2-3 business days.
MyPay automatically takes repayments from your company’s sales, eliminating the hassle of due dates.
Unlock greater pre-approval flexibility as you build a solid payment track record with MyPay. Expand your funding options as your business thrives and evolves.
MyPay evaluates eligibility based on your business’s recent processing history. Factors such as processing volume and transaction trends determine the funds you may qualify for.
Repayment terms with MyPay are flexible and designed to accommodate your business’s cash flow with automated payments, ensuring convenience and ease of repayment.
Yes, absolutely. Once you establish a positive payment history with MyPay, accessing additional funding becomes even more accessible. With each successful repayment, you gain greater pre-approval flexibility, allowing your business to secure more funds as it grows.
How does MyPay determine eligibility for funding?