23 November, Welwyn Garden City: PayPoint has partnered with YouLend, an embedded business finance company, to provide eligible PayPoint retailers with flexible funding offers that allow them to pay back their finance as they earn from card sales.
The scheme, which is open to retailers who meet the eligibility criteria, is designed to free up funds enabling retailers to focus on growth, buy stock or simply assist with cash flow.
Instead of paying a fixed monthly repayment, a small percentage of every card transaction is used to repay the funding, giving retailers peace of mind that repayments will be in proportion with their income from card sales.
Retailers can find out more and apply online by visiting the PayPoint website.
PayPoint’s activities in relation to the YouLend products do not constitute regulated credit broking.
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