Vagaro Capital lets businesses purchase hardware now and pay over time with no fixed fees or interest. You can get the hardware you need today and pay it off over time through a percentage of your daily credit card sales processed with Vagaro.
Key Benefits:
-
No fees: Pay only the purchase price of the hardware, no hidden costs or interest.
-
$0 due today: Get the equipment you need to run your business right away.
-
Simple repayments: A small percentage of your daily card sales goes toward your balance until it’s paid off.
Prerequisites: This feature is available in the United States.
-
No Requirements for New Signups: Businesses can pay for their hardware with Vagaro when they first sign up for Credit Card Processing.
-
Requirements for Existing Accounts: There are additional requirements if a business has already signed up for Credit Card Processing:
-
You must have $1,000 in gross monthly sales from credit card transactions.
-
You must accrue ten or more monthly credit card transactions.
-
Businesses That've Used Vagaro Capital: Businesses with an existing Vagaro Capital balance or that have completed their payments can’t purchase hardware with Vagaro Capital at this time. If you’ve previously started a Vagaro Capital application, this option will also be unavailable.
A regular Vagaro Capital cash advance provides businesses with working capital they can use for almost any expense, such as marketing, payroll, rent, or supplies. Once approved, the funds are deposited directly into the business’s account, and repayment is automatically deducted as a percentage of daily credit card sales processed through Vagaro.
A Vagaro Capital hardware cash advance, on the other hand, is designed explicitly for purchasing Vagaro hardware, such as readers, docks, and PayPro. Instead of receiving cash, businesses get the equipment they need upfront, with $0 due at checkout. Repayments work similarly, taken as a percentage of daily card sales, but there are no fixed fees. Businesses only pay the cost of the hardware.
When paying for your Vagaro Hardware, you'll see the option to Pay with Vagaro Capital at checkout. Select this option to apply.
Note
If you do not see the option to pay with Vagaro Capital, you may have a Vagaro Capital balance already, or you may not meet the requirements.
If you've started a Vagaro Capital application in the past, you may not see the option as well.
Unlike a loan with an interest rate, late fees, and early repayment penalties, Vagaro Capital is not a loan and offers capital at an upfront cost. Payment plans are flexible, based on your future earnings/revenue, and no late fees or early payment penalties exist.
To determine your eligibility for funding, Liberis uses Equifax to conduct a soft credit check. If you have placed a hold on your credit information, you must unfreeze your credit report for at least 72 hours before starting the application process. This is necessary for Liberis to review your credit report and approve funding. Please ensure that your credit report remains unfrozen until you are approved for Vagaro Capital.
Comments
0 comments
Please sign in to leave a comment.