Business Financing
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How much funding can I get with a myPOS merchant financing?
The amount of funding available depends on your business performance and sales activity through myPOS.If your business is eligible, you will receive a personalised merchant financing offer that specifies the amount you can receive. This offer is based o...
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What happens if my sales decrease during payment?
Payments for a myPOS merchant financing are collected as a percentage of your card sales processed through myPOS. This means the payment amount adjusts based on your business activity.If your sales decrease, the amount collected toward your financing pa...
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What fees are charged for a merchant financing?
A myPOS merchant financing includes a fixed, one-time fee that is clearly defined in your financing offer.There is no interest rate and no ongoing fees. Instead, the cost of the financing is a single fixed fee agreed upfront.Your personalised financing ...
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How are payments collected for a merchant financing?
Payments for a myPOS merchant financing are collected automatically as a percentage of your card sales processed through myPOS.When you accept a financing offer, the payment percentage is defined in your financing agreement. Each time you process a paym...
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Who is eligible for a business financing with myPOS?
Merchant financings are available to eligible myPOS merchants in UK, France and Netherlands whose business performance meets the required criteria.Eligibility is assessed based on information such as your sales activity through myPOS and overall busines...
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Business Financing with myPOS
Important: Please note that currently we offer Business Financing only within the United Kingdom, the Netherlands and France. Why Financing MattersBusinesses often face ups and downs, and in today’s dynamic economic environment, having access to additi...
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Enable / Disable Notifications Related to Business Financing
If you want to deactivate notifications related to the financing product, follow these steps:From the myPOS website:Log in to your myPOS account.Navigate to the Profile menu at the bottom left.Select Subscriptions.Go to Financing Notifications.Enable or...
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