Getting Started with Relay Capital

Overview

Relay Capital is a simple working-capital loan designed for small businesses that want fast access to funds, predictable weekly repayments, and a clear payoff date. You choose a single draw amount (up to your approved maximum), see your total cost and repayment schedule upfront, and receive funds to your business checking account via ACH.

Why businesses choose Relay Capital

• Fast access to funds: ACH funding is typically available within 2 business days after you draw
• Radically clear: fixed fee per draw, no origination fees, no prepayment penalties
• Predictable cash flow: fixed weekly payments on a set weekday and a known payoff date
• Self-serve transparency: see your schedule and remaining balance any time in your Relay dashboard

When Relay Capital can help

• Buying inventory ahead of seasonal demand
• Bridging short payroll gaps
• Purchasing equipment or materials for a new contract
• Investing in marketing or growth with a defined payback plan

How Relay Capital works (at a glance)

1. Eligibility review: Relay periodically reviews your business activity to determine eligibility. There’s no separate application needed to be considered.
2. Your offer appears in the Capital tab: If eligible, you’ll see your pre-qualification. Opt in to view final terms (soft credit check; no impact).
3. Accept terms and choose your draw: Select any amount up to your approved maximum. It’s a one-time draw for that offer.
4. Funding: Funds are deposited to your selected business checking account by ACH, typically within 2 business days.
5. Repayment: Weekly ACH debits occur on a set weekday for the length of your term. You’ll see all payments and your payoff date upfront.

What you’ll see in the Capital tab

• Offer summary: maximum approved amount, term length, estimated weekly payment
• Cost clarity: loan amount, fixed fee, total repayment, payoff date
• Schedule preview: the specific weekday for your weekly ACH debit
• After draw: current balance, next payment(s), and loan transaction history

Eligibility Requirements

Fundbox services are currently available to businesses based in the 50 U.S. states, Guam, American Samoa, Northern Mariana Islands, Puerto Rico, and the U.S. Virgin Islands.

To apply, business owners must meet the following requirements:

• Have a valid Social Security Number (SSN)
• Have a U.S. personal address
• Have a personal credit score of at least 450 (recommended 600 or higher)
• Maintain at least 3 months of business checking history
• Have an annual business revenue of $30,000 or more
• Operate in an industry that is not prohibited

Tip: Keeping your Relay accounts connected and active helps us evaluate eligibility more accurately over time.

Pricing explained in plain English

• Fixed fee per draw disclosed upfront
• No origination fees
• No prepayment penalties
• Predictable weekly payment for the full term
• Early payments in the term include more of the fixed fee; later payments include more principal (your weekly payment amount stays the same)

Example: A quick, real-world scenario

Situation: A café needs $20,000 to purchase a new espresso machine and initial bean inventory for a catering contract.
What happens with Relay Capital:

• The owner sees an offer, opts in, and reviews final terms with the full weekly schedule.
• They draw $18,000 (not the full $20,000 maximum) because that’s what they actually need.
• Funds arrive in a couple of business days, the machine is installed, and the café fulfills the contract.
• Weekly repayments come out on Wednesdays, matching the café’s cash-in cycle from weekend sales.
• Three months later, the owner monitors the remaining balance in the Capital tab and considers paying off early, no penalty.

Before you start

• Confirm your business checking account for funding and repayments
• Review your offer summary, state disclosures (e.g., CA/NY), and ACH authorization
• Plan your one-time draw amount (you can choose any amount up to your approved maximum)

Step-by-step: From offer to funding

1. Open the Capital tab in your Relay dashboard
2. Opt in to view final terms (soft credit check; no impact)
3. Choose your draw amount (one-time draw, up to your approved maximum)
4. Review and accept the disclosures and terms
5. Select your repayment account and authorize ACH
6. Submit your draw and watch for ACH funding (typically within 2 business days)

What to expect after funding

• Automated weekly payments on your set weekday via ACH
• Dashboard visibility into upcoming payments, remaining balance, and payoff date
• Early payoff option any time without a penalty—simply navigate to the Lending tab within your account, and select Make a Payment. contact Support to request a payoff quote and off-cycle payment

Frequently Asked Questions