Oolio Capital is a business funding option available to eligible Oolio Pay merchants. It allows you to access funds through the Oolio Pay Portal and repay them automatically from a fixed percentage of your daily card sales.
Unlike a traditional business loan with fixed monthly repayments, repayments are linked to your daily sales. When your card sales are higher, you repay more. When card sales are lower, you repay less.
Oolio Capital offers your business:
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Fast access to funds: Eligible merchants can request funding through the Pay Portal.
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Fixed fee: You can see the fee before you accept the funding.
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Automatic repayments: Repayments are taken from a fixed percentage of daily sales.
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No fixed monthly repayment: Repayments adjust with your sales activity.
Please note that Oolio Capital is for business use only, not personal use. Oolio Capital is only available to eligible merchants. Before requesting funds, you will be shown the available amount, fixed fee, repayment percentage and other key terms.
