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Stripe Capital is a financing offer from Stripe that eligible businesses can use to access working capital, with repayments automatically deducted from sales processed through Stripe.
This article explains what this means for Phorest customers who use PhorestPay (powered by Stripe).
🔍 Stripe Capital is offered, underwritten, and serviced by Stripe (and Stripe’s financial partners). Phorest does not make any decisions on eligibility, loan approvals, rates, or repayments.
In this Article
What is PhorestPay?
PhorestPay is Phorest’s integrated payments offering that uses Stripe to process card payments for eligible businesses.
What is Stripe Capital?
Stripe Capital is a financing product offered by Stripe to some eligible businesses that process payments through Stripe.
- Stripe determines eligibility based on factors such as processing volume and account history.
- If eligible, Stripe may notify a business by email and in the Stripe Dashboard.
- The business can choose whether to apply. There is no obligation to accept an offer.
For Stripe’s full explanation (including eligibility by country and financing types), see: How Stripe Capital works.
Who is Eligible?
Eligibility is determined by Stripe, and not every business will receive an offer.
Stripe’s criteria can vary by country. Stripe Capital is available in specific markets, and Stripe’s documentation lists the supported countries and minimum requirements.
Learn more: How Stripe Capital works (eligibility).
How the Offer and Application Process Works
- If eligible, the business receives a Stripe Capital offer (for example, via email or in the Stripe Dashboard).
- The business reviews the offer terms and decides whether to apply.
- Stripe reviews the application and may request more information.
- If approved, Stripe disburses the funds.
Learn more: Review your offer.
How Repayment Works
Stripe Capital repayment is generally made automatically by withholding a percentage of card sales processed through Stripe.
- Repayments adjust with sales volume. If sales are higher, repayment occurs faster.
- The total cost is the financing amount plus a flat fee (Stripe’s documentation explains how this works in each country).
Learn more: Pay down your financing | Financing payments
Frequently Asked Questions
Can Phorest influence Stripe’s offer or rates?
No. The Stripe Capital offer is between Stripe and the business.
Is an email offer guaranteed approval?
No. An offer indicates that Stripe believes a business may be eligible, but the business still needs to apply and receive final approval from Stripe.
Will this affect my payouts?
If a business accepts a Stripe Capital offer, Stripe will withhold repayments from relevant sales processed through Stripe.
Where Can I Find Out More?
For questions about Stripe Capital offers, eligibility, applications, or repayments, contact Stripe Capital support:
More information: How Stripe Capital works