.png?table=block&id=21c105a2-9d95-81bc-9484-e082f7326fee&cache=v2)
Last Edited Time
Jun 25, 2025 09:35 PM
Do not index
Do not index
Suggested Tag
Squarespace
squarespace payments
financing solutions
Tags Synced
Tags Synced
AI summary
UK businesses using Squarespace Payments can quickly access flexible financing through Squarespace Capital, with daily eligibility reviews, clear offers, automated repayments based on sales, and no penalties for early repayment. Transitioning from Stripe is seamless, maintaining existing financing arrangements.
Last edited by
Platform
Category
Topic
Fast Access to Squarespace Capital for UK Businesses
Learn how UK businesses can quickly access and manage Squarespace Capital.
TL;DR: Key Points
- UK-based businesses using Squarespace Payments are reviewed daily for Squarespace Capital eligibility.
- Offers include a financing amount, a one-time flat fee, and a payment rate deducted from daily transactions.
- No extra fees for early repayments; automatic reviews for additional offers.
- Existing Stripe Capital financing integrates smoothly when switching to Squarespace Payments.
Squarespace Capital: Quick Start Guide for UK Businesses
Getting started with Squarespace Capital in the UK is straightforward and designed to help your business get flexible financing quickly. Here's what you need to know about checking your eligibility and understanding the offer structure.
Checking Eligibility
UK businesses using Squarespace Payments are evaluated daily to see if they qualify for Squarespace Capital. This evaluation includes:
- Examining your transaction volume
- Your historical data with Squarespace
- Confirmation that your business is based in the UK
If your business qualifies, you'll receive both an email and a dashboard notification, prompting you to view available offers.
Understanding Your Financial Offer
Each financing offer from Squarespace Capital is clear and transparent. You'll receive specific details including:
- Financing amount: Directly deposited into your bank account
- Flat fee: A single fee added to the loan, with no hidden charges or compound interest
- Total amount owed: This is the initial financing plus the flat fee
- Payment rate: A set percentage of your daily card transactions processed through Squarespace Payments, put towards repaying the owed amount
For instance, an offer might include a £17,000 financing amount, a £1,700 flat fee with a total repayment of £18,700, and a 12% daily transaction deduction.
Repayment Process
Payments are automated and begin 1-2 business days after funds are deposited. The percentage specified in your offer will be deducted from daily card sales made through Squarespace Payments. The benefit is simple: the more transactions processed, the quicker the balance is settled. You can make early repayments without extra fees.
Pixelhaze Tip: Keep an eye on your daily transaction volume. Higher sales can speed up your repayment schedule without any penalty.
Transition from Stripe to Squarespace Payments
Businesses moving from Stripe to Squarespace Payments with existing Stripe Capital financing will find that payments are seamlessly integrated. You'll continue to manage and can make extra payments through your Stripe dashboard.
Accessing Squarespace Capital
Squarespace Capital provides a pathway for eligible businesses to access flexible financing options, backed by YouLend, with Stripe handling the payments. All applications go through a final review before approval is granted.
FAQs
How do I find out if my business is eligible for Squarespace Capital?
Your eligibility is automatically assessed daily, based on your business's transaction volumes and history with Squarespace Payments.
Is there a penalty for early repayment of the financing?
No, there are no additional fees for early repayment. You can settle your financing ahead of time without penalty.
What happens to my financing if I switch from Stripe to Squarespace Payments?
Your existing Stripe Capital financing will automatically continue, with payments deducted from your new Squarespace Payments transactions.
Jargon Buster
- Squarespace Capital: A financing service offering flexible funding options to UK businesses
- Squarespace Payments: An integrated payment solution necessary for eligibility in Squarespace Capital
- YouLend: The finance provider partnering with Stripe to offer this service in the UK
Wrap-up
Getting financing for your business doesn't have to be complicated. With Squarespace Capital, UK businesses can take advantage of a straightforward, transparent process that works with your daily sales activity. If your business needs quick access to funds, consider exploring the financing solutions offered by Squarespace Capital.