How it works
- Using Liberis’ intelligent pricing model, a quote is provided based on your business potential
- Once the quote is agreed upon and approved, you will receive funds in your account from Liberis
- Payments towards your advance happen automatically as a predetermined percentage of your processed card transactions through your Worldpay account, until your advance is paid off
- You can focus on your business and enjoy the peace of mind knowing payments toward your advance are being taken care of for you
Pricing Example
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Advance total = $10,000
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Fixed cost = $1,800 (18% of advance)
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Payment total from card transactions = $11,800
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Payment percentage = 10% of card transactions
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If average card receipts are $10,000, it will take approximately twelve months to pay off the advance
