Glossary
A structure where a share of each card settlement goes to the funder before the rest reaches you.
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A structure where a share of each card settlement goes to the funder before the rest reaches you.
The processor splits each settlement according to the agreed percentage. You never see the portion that goes to repay.
It automates repayment and removes debit-day risk, but it needs card volume.
On a $3,000 settlement at a 10% split, $300 goes to the funder and $2,700 reaches you.
Requires a compatible card processor. It suits businesses where most sales are by card.
Funders that use split funding read the processor statement rather than only the bank statement, since the split happens before the money reaches you. They look at card share of total revenue, because a business that is only half card cannot support a card split large enough to repay quickly.
Some owners think a split means paying twice, once through the processor and once from the bank. It is one repayment, and the processor simply takes its share first.
Yes. Split funding is based on card settlements.
See the related guides and the comparison pages, or apply and ask.
No. It is educational information, and agreements vary.
Educational information only. It is not legal, tax or accounting advice.
Same-day decision. Applying takes a few minutes and will not affect your credit score.
