Question 1

What’s the product, exactly?

Accepted Answer

A merchant cash advance. Your customer receives a fixed amount and repays a fixed amount on a set schedule, taken automatically from the account they verified. It’s not a loan and there’s no credit pull on their file.

Question 2

How long does it take to launch?

Accepted Answer

Days on the hosted path, where we email the offer and your customer finishes on a page carrying your brand. About a week with the drop-in components. A few weeks if you build the whole surface yourself on the API.

Question 3

What data do we have to send you?

Accepted Answer

The trading history you already hold. Payments, payouts, invoices, shifts or bookings, depending on what your platform runs. There’s no form for your customer to fill in and nothing for them to upload.

Question 4

What if we don’t have the data, or want to start before we send it?

Accepted Answer

You can still launch. We set one starting limit across your customers — $50,000, say — and the integration is exactly the same. What changes is where the decision happens: instead of sizing each customer against your history up front, we verify a bank connection at the point they accept an advance and decide against that. You go live sooner, and more of those advances get declined than on a program sized from your own data.

Question 5

Who funds the advance?

Accepted Answer

We do. Every advance is funded in full through facilities Slate manages, so it never touches your books and offering capital doesn’t become a funding problem or a line your CFO has to defend.

Question 6

Who carries the loss if an advance goes bad?

Accepted Answer

We do. You have no credit exposure on any advance we write. Collections and recovery are ours to run as well.

Question 7

Will it look like our product or like yours?

Accepted Answer

Yours. The offer, the activation and the schedule carry your brand, and on the hosted path they sit on a domain you own. Every message the financing sends is sent as you.

Question 8

What does our support team have to handle?

Accepted Answer

Nothing about the financing. We send the notifications, answer the questions, work out hardship plans and run recovery. Your support queue never sees a borrower.

Question 9

How does our platform earn from it?

Accepted Answer

You earn a share of the spread on every advance your customers take. The split is agreed up front and paid per funded cycle, so it grows with volume rather than with headcount.

Question 10

Where do you operate?

Accepted Answer

Canada and the United States, under our licenses in both. Canada is where we go deepest, so if that is where most of your customers trade, it shows.

Question 11

How is this different from a credit line?

Accepted Answer

Capital is one fixed amount on a set schedule, taken once per agreement. A credit line is a facility your customer activates once and draws against repeatedly. Both are underwritten from the same data and both are operated end to end by us.

Question 12

How do you decide who gets an offer?

Accepted Answer

We categorize every transaction first, then five checks decide whether the file can be scored at all: six months of history, thirty transactions, no missing months, and data that is still fresh. Only what passes gets scored, by two models rather than one. When the two disagree on a grade, one of our people reads the file.

Question 13

Can we influence the scoring for our customers?

Accepted Answer

No. Which product a customer takes changes how we score them; who sent them never does. You can tell us about your industry and you can raise the bar a file has to clear. You cannot move a grade. There is nowhere in our code to put that setting.

Question 14

What happens when one of our customers falls behind?

Accepted Answer

We service it and we collect it. The credit loss sits on our balance sheet, compliance is ours, and nothing changes inside your product. You carry no credit exposure at any point.

Question 15

Which of our customers do you see?

Accepted Answer

Only the ones you create through the API, so who is even considered is your call. Sizing inside that group is ours. It works when your customers have at least six months of history and thirty transactions we can read, in Canada or the US.

Capital in your product.Not on your books.

Offer capital where business happens.

You earn on every advance.

You own the product.
We run the six layers under it.

Your product

See it working today.

One product. Two people looking at it.

What your customer sees.

What you see.

Four programs. One integration.

Working capital

A payroll bridge

Paid today, not in 90 days

The claim is already earned

The change order is already a receivable

Money for hours already worked

Fairly turned the work history it already held into funding its customers could actually use

Your customers never see us.

A feature, not just a mailer

No application

Down to the emails

FAQ

Your customers get funded. You get the credit.