Moovs Capital evaluates your eligibility for a loan offer based on various factors related to your Moovs account, such as your processing volume and the size of your customer base.
We automatically review your business for loan offer eligibility on a daily basis. If you become eligible, you’ll receive an email notification.
Minimum Eligibility Requirements: To qualify for a loan through Moovs Capital, your business must:
Be based in the US. Moovs Capital only supports businesses located or incorporated in the US. Availability may vary in certain states due to local rules and regulations.
Have processed payments on Moovs for 6 months or more.
Have a minimum annual processing volume of $5,000.
Be in good standing with Moovs Capital. If your business was previously rejected for a Capital loan, there is a 30-day waiting period before you can receive a new loan offer.
Note that certain geographic limitations may apply. Meeting these minimum eligibility requirements does not guarantee qualification.
Important Factors We Consider: In addition to the minimum requirements, our underwriting model evaluates many other characteristics of your business to determine eligibility. Here are some key considerations:
A growing business. The amount you process through Moovs influences the size of your financing offer. Businesses with positive growth trajectories are more likely to be eligible for an offer.
A steady processing record. A consistent processing record with limited periods of low or zero volume indicates stability in your business and increases your likelihood of qualifying for an offer.
A large customer base. Businesses with more customers are more likely to be eligible for an offer.
A low dispute rate. Businesses with low rates of unresolved chargebacks are more likely to qualify for funding.
Additional Steps You Can Take: The more information we can gather about the health of your business, the better we can evaluate your eligibility for a Moovs loan.
Bring more processing volume onto Moovs. Our underwriting model is based on the payment volume that you process on Moovs. Shifting transaction volume from other payment sources onto Moovs increases your overall Moovs processing volume and improves your likelihood of receiving an offer.