Stripe Capital

Podium has partnered with Stripe to offer eligible businesses access to fast, flexible financing through the Stripe Capital program. 


Podium businesses are automatically reviewed for eligibility on a daily basis, and you will be contacted via email if your business qualifies for an offer. The criteria for eligibility is based on a number of factors including your transaction volume and history with Podium. 

Eligible U.S. businesses will receive an email if they have an offer available. 

Offer structure

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

  • financing amount: the dollar amount that will be deposited into your bank account
  • flat fee: the fee you'll pay over time in exchange for the financing amount -- there are no other fees and or compounding interest
  • total amount owed: the sum of the financing amount and the flat fee
  • repayment rate: the percentage of your daily card transactions processed through Podium that will be withheld to repay the total amount owed. 

Here’s an example offer you may receive:

  • financing amount: $17,000
  • flat fee: $1,700
  • total amount owed: $18,700
  • repayment rate: 12%

If you accepted the example offer above, you would receive $17,000 in the bank account associated with your Podium 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 down the total amount owed of $18,700 (the $17,000 advanced plus the $1,700 flat fee). 


You’ll automatically repay the financing over time through a percentage of your transactions according to your repayment rate. The repayment process will begin automatically 1-2 business days after the funds have been deposited into your account. The more card sales you process through Podium Payments, the faster you'll repay. There is no deadline to repay the financing and there is no accrued interest or late fees.

If you would prefer to repay faster or repay the entire outstanding balance, you can arrange to make a manual payment in addition to the withheld amounts by clicking the ‘Make Payment’ button in your loan overview page. There are no additional fees for early repayment.

Note that repaying early does not guarantee subsequent financing offers. Accounts are automatically reviewed for additional offers on a daily basis and we will reach out to you via email if you qualify for any additional offers. 

To see a daily summary of your repayment progress, see the loan overview page.


How do you determine who qualifies for an offer?

Eligibility is determined based on a combination of factors, including overall sales volume and history with Podium. Eligible U.S. businesses will receive an email if they have an offer available. 

Do I have to pay interest?

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

Will applying for an offer affect my credit rating?

No, there is no credit check. All offers are based solely on your history with Podium. 

Can I request a different offer amount?

You can use a slider to choose a custom amount (up to the maximum offer amount). The loan fee and repayment rate adjust based on the amount you choose.

When do I need to pay the flat fee?

You’ll automatically pay the flat fee via a percentage of your sales until the total amount owed is repaid. The fee is not charged up-front. 

How does repayment work? 

Repayment is collected automatically through a percentage of your Podium sales, which means you pay down more when business is busy and less if things slow down. As long as you meet your minimum payment requirement every 60 days, what you pay each day adjusts to your sales.

What is a minimum payment?

A minimum payment is the minimum amount that you’re expected to repay every 60 days such that the maximum duration of the loan does not exceed 18 months. If the total amount that you repay through payments deducted from your sales in a 60-day period falls below the minimum payment requirement, you will be required to pay the remaining amount at the end of the period. You can view your minimum payment amount in the Dashboard or in your loan agreement. 

How do I make my minimum payment?

If your payments deducted from sales cover the minimum payment requirement for the 60-day period, no action will be taken. If you have not met the minimum payment amount by the end of the 60-day period, Stripe will automatically debit your bank account the balance needed to meet your minimum payment. There’s no action needed on your part. 

After I accept an offer, how quickly will I get my funds?

If your application is approved, you’ll see the funds in your bank account typically in 1-2 business days.

What happens when my offer expires?

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

Can I repay my loan early?

Yes, you can make additional payments or pay the total amount owed in full at any point by clicking the ‘Make Payment’ button in your loan overview page. There are no additional fees for early repayment.

Will repaying early qualify me for a new offer? 

Once you repay the total amount owed, you’ll automatically be evaluated for a new offer. Repaying early does not automatically qualify you for a new offer. 

How should I report these funds on my taxes?

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, Stripe Capital 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 the Stripe Capital program?

If you have additional questions about how our financing program through Stripe Capital works, you can contact our partners at