Goldie has partnered with Stripe to offer eligible businesses access to fast,

flexible financing through the Stripe Capital program. Read more about this partnership here: Introducing Goldie Financing.

IN THIS ARTICLE

Eligibility and financing types

Offer Structure

Payment

FAQs

The Goldie Financing program is fully managed by Stripe. Goldie businesses are automatically reviewed for eligibility, and then Stripe sends eligible providers an email if their business qualifies for an offer. The criteria for eligibility are determined by Stripe and are based on a number of factors, including transaction volume and history with Goldie payments powered by Stripe. Stripe re-evaluates your eligibility on a rolling basis, so if you’re not eligible today and take steps to move transaction volume from other payment sources to Stripe, you may improve the likelihood of receiving an offer. If you become eligible, you’ll receive a Capital offer email.

Each offer specifies the type of financing being offered, which might be a loan or merchant cash advance. You can’t request a particular financing type under the Goldie Financing program.

If eligible, you’ll receive an email from Stripe with your personalized offers and you can choose the one that works best for your business. Each offer will outline:

If you accepted the example offer above and were approved, you would receive 17,00 USD in the bank account associated with your Goldie account within 1-2 days, along with your usual payout. Stripe would then withhold 12% of your daily transaction total in addition to the usual processing fees until you’ve paid the

total amount financed of 18,700 USD (the 17,000 USD financed plus the 1,700 USD flat fee).

You’ll automatically pay the financing to Stripe Capital over time through a percentage of your transactions according to your payment rate. The payment process will begin automatically 1-2 business days after the funds have been deposited into your account.

If you would prefer to pay faster or pay the entire outstanding balance, you can arrange to make a manual payment in addition to the withheld amounts by clicking the Make Payment button on your Financing Overview page on Stripe. There are no additional fees for early payment.

Paying early doesn’t guarantee subsequent financing offers. Accounts are automatically reviewed for additional offers on a daily basis, and Stripe will send you an email if you qualify for any additional offers. To see a daily summary of your payment progress, see the Financing Overview page on Stripe.

Eligibility is determined by Stripe based on a combination of factors, including overall sales volume and history of Stripe payments from Goldie. Eligible businesses will receive an email from Stripe if they have an offer available.

No, you’ll pay one flat fee that does not change. You won’t pay any interest on top of this fee.

Applying for financing through Goldie Financing might include a personal credit check under some circumstances, but this credit check doesn’t affect your personal credit score. If a personal credit check is required, you will be notified during the application process. All offers are determined by Stripe based on a number of factors, including order volume and your history of orders on Stripe through Goldie.

After clicking the link in your capital offer email, you will be able to review the offer, and can use a slider to choose a custom amount (up to the maximum offer amount). The financing fee and payment rate adjust based on the amount you choose.

The flat fee is included in your payment total so you'll automatically pay it through a fixed percentage of your sales until the total amount is paid to Stripe Capital.

Payment is collected automatically through a percentage of your Goldie sales as they are processed. Goldie Financing loans have a minimum amount due each payment period, and if the minimum amount that you pay through sales doesn’t meet the minimum, your account will be automatically debited the remaining amount at the end of the period. If your loan has a fixed payment, withholding stops when you meet the fixed payment amount. The payment terms for your offer will be detailed during the application process.

For Goldie Financing loans, a minimum payment is the minimum amount that you’re expected to pay every payment period. That period will be determined during underwriting and based on the total term of your financing offer. If your automatic payments do not meet this minimum, you’ll be required to pay the remaining amount at the end of the period. You can view your minimum payment amount in the Stripe dashboard or in your Stripe Capital financing agreement.

For Goldie Financing loans, if your payments deducted from sales cover the minimum payment requirement for payment period, no action will be taken. If you have not met the minimum payment amount by the end of the payment period, Stripe will automatically debit your bank account or account balance the balance needed to meet your minimum payment. There’s no action needed on your part.

If your application is approved, you’ll see the funds from Goldie Financing in your bank account typically in as soon as 2 business days. To make sure that funds are disbursed successfully, you must set a valid bank account as your primary payout method. This needs to be done through Goldie Payments.

Can I have my funds paid out to a card?

Stripe currently does not support the disbursal of funds to a card. To make sure that funds are disbursed successfully, you must set a valid bank account as your primary payout method on Goldie Payments.

Each Goldie Financing offer is available for 30 days. After that point, your business will automatically be re-evaluated to see if you are eligible for an additional offer.

Yes, you can make additional payments or pay the total amount financed to Stripe Capital in full at any point by clicking the Make Payment button in your Stripe Capital Dashboard.

There are no additional fees for early payment.

Once you pay the total amount financed, you’ll automatically be evaluated for a new offer. Paying early does not automatically qualify you for a new offer.

Tax reporting is often dependent on your specific situation, so we encourage you to talk with a tax advisor to ensure appropriate accounting. In general, Goldie Financing funds would not be considered taxable income at the time of receipt, and the amounts withheld to satisfy your obligations are not tax deductible.

Who can I contact to learn more about Goldie Financing?

If you have additional questions about how the financing program through Stripe Capital works, you can contact our Stripe partners directly at [email protected].

Stripe Capital offers financing types that include loans and merchant cash advances. All financing applications are subject to review prior to approval. In the US, Stripe Capital loans are issued by Celtic Bank, and YouLend provides Stripe Capital merchant cash advances.