Credit Card Split

Credit Card Split

Business opportunities through flexible funding.

Credit Card Split

Funding Amount

$5,000 to $2,000,000

Payment Terms

Between 4 to 36 months

Funding Time

Within 48 hours

What is a Credit Card Split?

This repayment method is usually the most preferred because the lender collects on their repayment seamlessly. It’s all done electronically via the credit card processing company. 

The credit card processing company automatically splits your credit card sales between your business and the merchant cash advance provider. The percentage the MCA provider takes is agreed upon when you sign the advance paperwork.

How does a Credit Card Split Work?

A great alternative to a Merchant Cash Advance is a standard Credit Card Split Loan – it works in a very similar way; Borrowble will lend your business an up-front amount of cash in order to clear your current debts, and in turn, we will regularly take a split of your credit card payments.

Repayments will be a calculated percentage of your credit card sales, so you’ll never have to worry about not having enough cashflow each month to clear the payment. This creates a stress-free, flexible payment schedule that can really help you to find the vital resources you need to run your business.

Minimum Qualifications

Credit Score

As low as 550

Time In Business

3 months (minimum)

Monthly Revenue

$10,000 (minimum)

Why choose a Credit Card Split?

The primary appeal towards a credit card split is that there is no set value of a monetary contribution; you will only pay what you KNOW you can afford! With traditional loans, you’re expected to pay a certain amount of money back, every single month. We know that this isn’t always possible, though – especially if you’re running a business.

A credit card split allows the business to only have to pay a certain percentage of their credit card sales each month rather than the full amount.

That’s what a credit card split is for; it’s a simple payment system that can work alongside your business to assure that your debts are cleared in a professional, timely manner. It’s incredibly flexible and will allow you to focus on the things that really matter.

How much can you borrow?

Applicants can borrow anywhere from $5,000 to $2,000,000 – it depends on your business needs, what the funds will be used for and how established your business is. We will not lend you an amount if we feel that you can’t repay it in the agreed time scale.

When will you get the funds?

All successful applicants will receive the funds within 48 hours! That means that you can immediately put the money to use.

In some cases, you may receive the money even sooner.

When will you get the funds?

Payment terms will vary based on the total amount that you borrow, and how long you’ll need to pay the balance back. The good news is that there is no specific timescale – we will continue to take a split of your card payments until the balance has been paid in full.