Flexible Financing is a fully digital loan program offered by GoTyme Bank for PayMongo merchants. Merchants who qualify for Flexible Financing will receive their financing in 1 business day.
Note: It may take 1 - 2 more business days to receive your loan depending on how fast your bank can process it. 💰
How can I qualify for PayMongo Capital's Flexible Financing powered by GoTyme Bank?
Continue using PayMongo and ramp up your transactions! The more you transact with PayMongo, the higher your likelihood to qualify for Flexible Financing.
You will receive an email notification if you qualify. Simply log into your PayMongo Dashboard, click Capital on the sidebar, and Accept Flexible Financing.
Once you've accepted the offer, your loan should be approved in near real time. You can also expect the loan amount to be disbursed to your registered bank account in 1 business day.
Note: Your account is re-evaluated regularly for loan eligibility. ✔️
I didn't qualify for a loan offer from the past weeks, can I still qualify for future loan offers?
Loan qualification is determined by GoTyme’s credit risk framework. Don't worry! Your account will be regularly re-evaluated for qualification, so there is a possibility that you will qualify in the future. Continue to transact frequently with PayMongo! The more you transact with PayMongo, the higher your likelihood to qualify for Flexible Financing.
Interested in Flexible Financing?
Learn more about PayMongo Capital by clicking on the button below! 🌱