Global Payments has partnered with Liberis, a leading merchant financing provider, to provide Bira members with a Business Cash Advance (BCA) solution.

What is merchant financing?

Merchant financing is an alternative to traditional finance products (i.e. loans), which is paid back by taking a percentage of your card processing volumes.

  • Eligibility - Merchants are usually pre-qualified for an amount of lending based on their processing volumes.
  • Affordability - Liberis will discuss your needs, including the BCA amount, payment split and term length.
  • Funding Provided - Once you are happy with the deal's pricing, you’ll enter into an agreement with Liberis, who will then provide you with the BCA, usually within two working days.
  • Merchant Credited - You will be credited via Liberis. Then, your batch totals will be deducted with the agreed percentage split to repay the funding. 

How Members benefit

  • Flexible - The length of the financing and repayment split is part of the onboarding process with Liberis
  • Simple - The application process is simple and with no APR or interest rates, so you know exactly what you will be paying.
  • Crediting - No impact is made to your crediting timescales, and Liberis conducts the split once an agreement has been signed.
  • Ease - Funds can be used for any business purpose, with no business plans required for our typical deal value.
  • Multi-Channel - Merchant financing isn’t limited to face-to-face processing, so you can use the financing to help with ecommerce expansion also.
  • Seamless - There is no impact on a cardholder’s shopping experience or to your checkout process

How to get started

It’s super easy to apply, just follow these steps...

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