Capital that keeps pace with your sales.
Working capital from our four funding partners, repaid automatically as a percentage of your card sales. Slow day, smaller payment. Apply in minutes, funds in days, and we'll help you read the offer before you sign.
Funding that's paid back the way you get paid
Most of these programs are revenue-based. Instead of a fixed monthly payment, a set percentage of each day's card sales goes toward the balance until it's paid.
Apply in minutes
A short application, usually no physical documents. Offers are based on your card processing history, not just a credit score.
See the whole cost up front
You get an amount and a fixed fee. No compounding interest. The total you'll pay back is written on the offer.
Repay as you sell
A percentage of daily card sales is deducted automatically. Busy day, you pay more. Slow day, you pay less.
Pick the partner that fits how you process
Two are built into the POS you may already run. Two work for any business that takes cards. We'll tell you which one to start with.
Square Loans
LoanBest for: businesses processing on Square. Offers show up in your Square dashboard based on your sales history.
- Offers are customized from your time on Square, processing volume and frequency, and customer mix
- One fixed loan fee, no ongoing interest charges, no late fees
- Repaid as a fixed percentage of daily card sales, with minimum payments set in the offer
- No collateral for amounts of $100,000 or less
- Applying doesn't affect your credit score
- Instant deposit with Square Checking
Loans are issued by Square Financial Services, Inc. Terms set by Square.
Clover Capital
Cash advanceBest for: Clover merchants. Apply from inside your Clover software and pick your funding offer.
- An advance of funds based on future sales, not a loan
- Repaid with a percentage of daily sales, adjusting automatically to how the day went
- No fixed term and no personal guarantee
- Fully digital application, launched from an Apply Now link in Clover
- Eligible merchants see offers without a separate application process
A merchant cash advance program from Fiserv. Eligibility and offers determined by Fiserv.
YouLend
Revenue-basedBest for: larger amounts and fast turnaround, for any business that takes cards.
- Pay a single fixed fee agreed up front, no interest
- Repaid as a fixed percentage of future daily sales, automatically
- Approval in as little as 24 hours, funds in as little as 48 hours after approval
- Application with no physical documents required
- Flexible top-ups after onboarding, with same-day access
- Same-day offers available
- For our Electronic Payments merchants it's offered as Electronic Payments Capital: $3,000 to $500,000, up to 2x your monthly sales, no collateral, a pre-qualified offer within 24 hours, and funds within two business days of approval
Offers are indicative until you apply and review YouLend's full terms.
Quikstone Capital
Cash advanceBest for: any business that accepts credit cards and wants a simple, no-paperwork first round of funding.
- Repayment is a small deduction from credit card sales that adjusts to volume
- No application fees, no collateral, no complicated paperwork
- Typically approved in 48 hours
- Use it for a POS system or software, a marketing campaign, a new website, equipment, staff, or bills
- Free, no-obligation consultation
- Dedicated page for Evident Payments merchants
Quikstone Capital operates under all state and local regulations. Terms set by Quikstone.
Evident Business Solutions is not a lender. Funding is provided by third-party partners, subject to their approval, eligibility requirements, and terms. Amounts, speeds, and fees shown are as published by each partner and can change.
Money that goes to work the same week
A new POS or software
Upgrade the counter now, pay it down from the sales it rings.
Inventory before a busy season
Stock up for the holidays or summer without draining the account.
Equipment and repairs
The oven, the lift, the walk-in. The thing that can't wait.
Hiring and payroll gaps
Bring on staff before the revenue catches up.
Marketing and a website
A campaign or a site that brings the customers who pay it back.
Expansion or a remodel
A second location, a patio, a bigger kitchen.
Quick comparison
| Square Loans | Clover Capital | YouLend | Quikstone Capital | |
|---|---|---|---|---|
| Type | Loan | Merchant cash advance | Revenue-based financing | Merchant cash advance |
| Amount | $100 to $500K | Offer-based | Up to $2M | Up to $250K |
| Cost | Fixed loan fee, no interest | Set in the offer | Single fixed fee, no interest | Set in the offer, no application fee |
| Repayment | % of daily card sales, minimums apply | % of daily sales | % of daily sales | Deduction from card sales |
| Speed | Next business day | 2 to 3 business days | 24 hrs approval, 48 hrs funds | 2 to 5 business days |
| Collateral | None at $100K or less | No personal guarantee | See offer | None |
| Who | Square sellers | Clover merchants | Any card-accepting business | Any card-accepting business |
Three things to know before you take the money
We'd rather you take the right funding than the fast funding. Usually it's both. Sometimes it isn't.
It costs more than a bank loan
You're paying for speed and flexibility. If you can wait weeks and qualify at a bank, that will usually be cheaper. If you can't, this is what these programs are for.
Look at the total, not the percentage
The fixed fee tells you exactly what you'll pay back. The daily percentage tells you how fast. Compare offers on the total cost, and we'll walk through it with you.
Fund something that pays it back
Equipment, inventory, a campaign, a hire. Money that generates sales makes the daily payment easy. Money that plugs a hole doesn't.
Funding questions
Square Loans is a loan, issued by Square Financial Services, Inc. Clover Capital and Quikstone Capital are merchant cash advances, and YouLend is revenue-based financing. Those are purchases of a portion of your future sales, not loans, which is why repayment tracks your sales instead of a calendar.
A set percentage of each day's card sales is held back automatically before the rest settles to your account. You don't write checks or schedule payments. Square Loans also sets a minimum payment in the offer.
Your payment shrinks with them, because it's a percentage. That's the point of revenue-based funding. Square Loans has minimum payment requirements spelled out in the offer, so read that part.
Square says applying doesn't affect your credit score. For the other partners, ask before you apply and we'll get you the answer.
Square Loans requires Square processing and Clover Capital requires Clover. YouLend and Quikstone are based on your card sales, and Quikstone's program is set up for Evident Payments merchants. Call and we'll tell you which one you already qualify for.
Square: next business day, or instantly with Square Checking. YouLend: approval in as little as 24 hours, funds in as little as 48 hours after. Clover Capital: two to three business days after approval. Quikstone: two to five business days after approval.
Tell us what it's for. We'll point you at the right partner.
Five minutes on the phone beats an hour of comparing fine print.