Working capital options
Merchant funding based on your processing history
Merchant funding is working capital advanced against a business's card processing history rather than through a separate loan application. RapidCents presents offers sized from verified card volume, with the cost and repayment terms disclosed before acceptance. Accepted funds deposit to the business account, and repayment is a share of each day's settlement. For businesses in Canada, confirm eligibility.
- Offers based on verified processing volume
- Fast decision without separate credit portal
- Repayment tied to daily settlement flow
- Transparent factor rate disclosure
- SOC 2 Type II
- No separate application portal
- Dashboard remittance tracker
- Canadian business eligibility review
Who it's for
Seasonal retailers
Bridge inventory purchases before holiday revenue arrives.
Restaurant expansions
Fund second location build-out while first store processes.
Established merchants
Businesses with 6+ months consistent processing history.
Core capabilities
Volume-based offers
Advance amounts scale with demonstrated card revenue.
Fast funding
Eligible approvals deposit within days of acceptance.
Fixed remittance rate
Daily percentage of settlement applied to balance.
Dashboard tracker
See remaining balance and remittance history.
No prepayment penalty
Pay down faster when cash flow allows on qualifying offers.
How it works
Process payments consistently to build offer eligibility.
Receive funding offer in dashboard or from advisor.
Review factor rate and remittance percentage terms.
Accept electronically; funds deposit to business account.
Daily remittance deducts automatically from settlement.
Funding use cases
Holiday inventory
Advance funds spring inventory before Q4 sales.
Equipment purchase
Replace kitchen line while maintaining daily operations.
Marketing campaign
Fund digital ads with remittance from incremental sales.
Cash flow bridge
Cover payroll gap during slow season without bank line.
Dashboard and reporting
Transactions, deposits and exceptions visible in the RapidCents merchant dashboard.
Try it, edit values and click buttons
Merchant dashboard
- Today
- $4,218
- Deposits
- $12,482
- Disputes
- 2 open
- In-person
- $842
- Online
- $1,104
- Virtual terminal
- $392
Demonstration data only
Integrations
Settlement remittance
Automatic deduction from daily deposit batch.
Dashboard visibility
Funding tab alongside transactions and deposits.
Advisor review
Human review for offers above automated threshold.
Works with Funding
Capabilities on the same account, so the parts below connect without a second integration or a second contract.
A merchant reviews RapidCents reports for volume, mix and payouts, with the terminal that took the sales on the desk. Reporting and reconciliation
Deposit-level detail that ties settlements back to the transactions behind them.
Explore
The RapidCents payments screen: gross volume, payment count, acceptance rate and refunds across the top, a filterable transaction list below, and a money timeline on the right tracing one payment from capture to planned payout. Merchant dashboard
Transactions, deposits, refunds and disputes across every channel in one place.
Explore
A merchant works a RapidCents dispute case on the dashboard, with the original terminal sale still on the desk. Dispute management
Every chargeback, its deadline and its evidence pack in one queue.
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Security
Eligibility verification
Offers based on verified processing, not self-reported revenue.
Secure acceptance
Electronic agreement with disclosed terms archived.
Remittance audit
Every deduction tied to settlement batch ID.
Implementation
History review
Advisor confirms processing tenure and volume trend.
Offer presentation
Walk through factor rate and remittance math.
Acceptance
Electronic sign and verify deposit account.
Monitor remittance
Track balance weekly in dashboard during repayment.
Pricing
Funding terms
Factor rate and remittance percentage disclosed upfront. Not a traditional term loan; product structure varies by eligibility.
Cards, currencies and settlement in Canada
What a RapidCents account in Canada accepts, the currencies it settles in, and when the money arrives.
Cards and methods accepted
Visa, Mastercard, American Express, Discover, UnionPay and Diners Club cards from any country, plus Interac Debit, Apple Pay, Google Pay and EFT/PAD bank payments, on one merchant account.
137+ currencies, settled in CAD or USD
Process in CAD, USD, EUR and 137+ currencies, and deposit payouts directly into your Canadian CAD bank account or your Canadian USD bank account, so USD sales are not converted twice.
Next-business-day funding and reconciliation
Batches close nightly and deposits arrive the next business day, based on cut-off times and eligibility, with deposit-level reporting in one RapidCents dashboard.
Questions about Funding
Minimum processing history?
Typically six months of consistent volume. Offers vary by business profile.
Credit check?
Eligibility focuses on processing history; additional review may apply.
Affect daily deposits?
Remittance is a fixed percentage of settlement until balance clears.
Multiple advances?
Renewal offers may appear as balance pays down and volume continues.
How is a merchant cash advance different from a term loan?
It is not a traditional term loan. The cost is expressed as a factor rate rather than an interest rate, and repayment is a fixed percentage of each day's settlement instead of a fixed monthly instalment, so it moves with sales. Product structure varies by eligibility.
What can the funds be used for?
Merchants typically use them for inventory ahead of a season, equipment such as a kitchen line, a build-out or remodel, a marketing campaign, or a payroll gap during a slow stretch. There is no separate use-of-funds application for each of those.
Can I pay the balance down early?
On qualifying offers, yes: they carry no prepayment penalty, so a stronger stretch of sales can clear the balance sooner. Whether your own offer qualifies is part of what you review before accepting it.
Can I verify each remittance against my deposits?
Yes. Every deduction is tied to the settlement batch it came from, and the dashboard shows the remaining balance and the remittance history beside your ordinary deposit reporting.
How can I compare the full cost of a funding offer?
Through its factor rate and remittance percentage, both disclosed before you accept. The factor rate expresses the cost in place of an interest rate, an advisor walks through the factor rate and remittance math with you, and the electronic agreement with those terms is archived.
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Take the next step
Talk to a RapidCents specialist
RapidCents Fee Check reads a processing statement and shows interchange separately from the markup. Upload a statement for an instant breakdown, or open a merchant account and start accepting payments on one account.
- No obligation
- Canadian payment specialists
- Secure statement upload
