How It Works
Quick Application, Fast Cash
Submit your application in minutes, with funds paid out in up to 2 business days.
Fixed Up-Front Cost
One transparent fixed fee agreed up front. No hidden fees, surprises, or late fees.
Payments In Line with Your Income
Payments are automated as a small percentage of your daily transactions.
Customers can reconcile their payments if revenue decreases. "In June 2023, the percent of approved customers funded in 48 business hours was 75%."
Customised Capital Based on Your Card Sales
Flexible Payments Empower Your Dreams' Progress
Unlock small business growth with flexible funding options
Easily Pay For Your Business Capital
Pay for your business capital by automating a percentage of your daily card sales.
Vagaro Capital FAQ
- How do you pay for your Vagaro Capital?
Paying for Vagaro Capital back process for your small business funding involves automatic deduction of a fixed percentage from your card sales until the full amount is paid off. This means that if your sales are high on a particular day, your repayment amount will be higher, and if your sales are low on a particular day, your repayment amount will be lower.
- What factors are considered when determining my business's funding offer?
When determining your small business funding offer, various factors related to your business are taken into account. These include payment processing volume, account history, and payment frequency, among others. You must also be using Vagaro Payment Processing for a minimum of 4 months before applying for Vagaro Capital.
- Is it possible to make prepayments on Vagaro Capital?
Yes, you can make prepayments on your small business funding at any time, and there will be no additional cost involved. Making prepayments does not alter the total amount you owe.
- Will there be any late fees added to my total owed amount?
No, there will be no additional fees added to your total owed amount for late payments
- Will applying for small business funding impact my credit score?
No, applying for Vagaro Capital will not have any impact on your credit score
- How does Vagaro Capital work?
If eligible, you’ll receive an offer with available cash advances. Once you’ve selected your funding level, we will agree on a price with you. This is one fixed cost added to your advance, which will form your total repayment.
To process your application, we will look at your business and conduct some checks, including affordability, credit, and insolvency.
Once approved, you’ll get your funds.
- Is Vagaro Capital a loan?
No, Vagaro Capital is a Cash Advance not a loan. It’s an alternative form of financing that, unlike a traditional loan, does not have a fixed repayment term nor recurring interest or APRs.
- Can I tailor my quote?
Yes. Choose your preferred funding amount (within limits) and the percentage of your card transactions that you’d like to pay towards the advance. This will determine the funding fee and the overall amount that you’ll pay.
- How much funding can I get?
This depends on your business sales. Your monthly card transactions will be examined and give you a personalised funding amount.
- Can I adjust my funding amount after I’ve received my funds?
No, it’s not possible to immediately change the total amount that you’ve received. However, you may be eligible to top up your funds once you’ve repaid a minimum of 50%.
- What are the minimum eligibility requirements?
To qualify for an offer for Vagaro Capital, your business must:
- Be located in the UK.
- Have processed payments with Vagaro Merchant Services for a minimum of four months.
- Have a monthly minimum transaction processing volume of 1,500 GBP.
- If you’ve previously applied for Cash Advance and been rejected, you’ll be ineligible to receive new offers for three months.
Please note that meeting the minimum eligibility requirements outlined doesn’t guarantee qualification.
Try Vagaro for Free
Create an account in minutes. No contract, cancellation, setup, or signup fees.
This product is for business purposes and not for consumer purposes.