FlexLine Financing Overview

At FlexPoint, we understand the importance of providing flexible payment solutions to meet the diverse needs of your clients. With FlexLine Financing, your clients can easily finance invoices over $10,000 through your client payment portal, enabling enhanced cash flow management. 

Why FlexLine Financing is Valuable

• Increased Sales Opportunities - by offering financing options, you can attract more clients and encourage larger purchases, boosting your sales and revenue.
  
  
• Interest Responsibility Customization - you have the ability to absorb a portion or all of the interest, allowing you to tailor the terms to your business strategy and customer needs. Interested in adjusting the settings? Click here to learn more!
  
  
• Improved Customer Satisfaction - flexible payment terms can enhance customer loyalty and satisfaction, as they provide a convenient way to manage finances without immediate full payment. 
  
  
• Simplified Payment Process - FlexLine Financing is seamlessly integrated into the client payment portal, making it easy for clients to leverage. 

Frequently Asked Questions

Is FlexLine available on all invoices?	No, FlexLine is only available on invoices $10,000 or greater.
What is the limit my client can finance?	There is no limit, but whether the financing request will be approved depends on specific details provided by the customer.
How long does my client have to repay the financed amount?	They can choose anywhere from 1-12 months.
What interest rate will my client be charged?	The interest rate varies depending on the term selected. Different financing terms come with different rates.  If you decide to pass the full interest amount to your client, your client will pay 1.5% in interest per month. The total amount of interest paid by your client will be determined by the length of the financing (i.e., 3 months, 6 months).
How do I enable FlexLine Financing for my clients?	You do not need to enable FlexLine Financing. FlexLine is available for your clients as long as the applicable invoice satisfies the minimum threshold requirement ($10,000).
How do my clients use FlexLine?	Click here to learn more!
How long does it take for my clients to get approved for FlexLine?	Clients are typically approved in ~1 business day.
My client is using FlexLine to pay an invoice. How do I know the status of their approval?	Once your client follows the steps to leverage FlexLine, the invoice will be marked as "Waiting for Approval".
My client submitted to pay an invoice with FlexLine. They no longer want to use FlexLine. Can they cancel?	If the payment status is "Waiting for Approval", your client can cancel. Want to cancel a payment via FlexLine? Click here to learn more!
What information does my client need to provide?	Your client will need to connect a bank account in order to proceed with a financing request. Our underwriting team may reach out to your client directly requesting additional information to confirm account balances and request information such as bank statements.