Introduction
Relay Capital is Relay’s working-capital loan product, built to give Relay customers fast, predictable access to cash inside their business account. It’s a lump-sum loan with clear weekly payments and a set payoff date — designed so you can plan exactly how and when you’ll repay.
Relay Capital is offered to eligible businesses through the Relay app and is supported by our trusted lending partner. The core value: fast, flexible funding combined with straightforward terms and visibility inside your Relay account.
What is Relay Capital?
Relay Capital is a term loan that provides a single draw amount and a fixed repayment schedule. It’s designed for small businesses that need defined short-term funding—not a revolving line of credit. Typical uses include bridging payroll gaps, buying inventory ahead of seasonal demand, funding one-off vendor costs, or investing in short-term growth initiatives where you expect a clear return or timeline.
Who it’s for
- Small businesses already banking with Relay.
- Businesses that prefer predictable weekly repayments and a clear payoff date.
- Businesses with a short-term funding need that can be repaid on a fixed schedule.
How Relay Capital works
- Eligibility — Relay (and our lending partner) review account signals and business activity automatically to determine eligibility. This process is ongoing and requires no separate application.
- Offer — If you qualify, an offer appears in the Relay app under the Capital tab. The offer shows an approved maximum and high-level terms.
- Funding — Accept the offer, choose a draw amount, and funds are sent to your Relay business account via ACH. ACH funding is typically complete within two business days after you draw.
- Repayment — Repayment is automatic on a fixed weekly schedule until the loan is paid off. You’ll see the weekly payment amount and payoff date before you draw, so the plan is predictable.
For step-by-step details and the in-app flow, see Getting Started with Relay Capital
Key benefits
- Speed. Draw and receive funds quickly, with ACH funding usually within 2 business days.
- Transparency. You see the total cost and full repayment schedule before drawing.
- Simplicity. Single draw, fixed weekly payments, and a clear payoff date.
- Integrated with Relay. Offers and loan details live directly in your Relay dashboard for easy tracking and bookkeeping.
- Built for small-business cash flow. Designed around short-term needs and predictable repayments, not long-term financing.
What makes Relay Capital different
- Compared with traditional bank loans: Faster and less paperwork, with a simpler, short-term structure and upfront payoff schedule.
- Compared with many online lenders: Relay Capital pairs speed with in-app transparency and full visibility in your business banking workflow, so you can see how the loan affects cash flow and reconciliation.
Who can apply
Relay Capital is available to eligible Relay customers. Eligibility is assessed automatically using business signals such as revenue, time in operation, and account history. Being eligible to view an offer does not guarantee approval; final underwriting and regulatory notices come from our lending partner.
Repayment overview
- Weekly payments. Repayment is collected weekly and includes principal plus finance charges. Your Relay dashboard shows the breakdown.
- No prepayment penalty. You may pay off the loan early. Paying early can reduce total cost because future weekly interest stops accruing once the loan is paid. You’ll need a payoff quote to confirm the exact payoff amount.
- Transparency. Your repayment schedule, upcoming payments, and remaining balance are visible in the Relay Capital dashboard.
Frequently asked questions
Is Relay Capital available to all Relay customers?
No. Relay Capital is available only to eligible Relay customers. Eligibility is based on your business activity and account history. If you don’t see an offer, you can be reviewed again over time.
How do I start an application?
If Relay determines you may qualify, an offer appears in the Capital tab of the Relay app. Opt in to view final terms (this runs a soft check). If you accept and draw, the first draw may trigger a hard credit check. See Getting Started with Relay Capital for step-by-step details.
How quickly will I receive funds after I accept an offer?
After you accept an offer and choose a draw amount, funds are sent to your Relay business account via ACH. Funding typically completes within two business days after your draw.
Does applying affect my credit score?
Viewing preliminary eligibility and offers does not impact your credit. Opting in to view final terms is a soft check (no impact). The first draw (when you accept and fund) may trigger a hard credit check.
Can I repay my loan early?
Yes. You can pay off your loan early with no prepayment penalty. Early payoff typically reduces your total cost because future interest stops accruing. To pay off early you’ll request a payoff quote, which shows the exact amount due.
What happens if I miss payments?
If your account becomes delinquent, servicing may transition to our lending partner’s collections process. If you’re concerned about making payments, reach out to Relay Support so we can review options and next steps.
Will repaying early reduce my fixed fee?
The fixed fee is set upfront. Paying early stops future interest from accruing, which lowers total cost, but any remaining unpaid portion of the fixed fee is included in your payoff quote. The payoff quote shows exactly what’s outstanding on the payoff date.
Where do I see my loan details and schedule?
Loan offers, payment schedule, payoff date, and remaining balance are available in the Relay app under the Capital tab and in your Relay dashboard.
Relay Capital funding is provided by Fundbox, an external third-party provider, or its bank partner, Lead Bank.
All financing is subject to credit approval of a completed application. Fundbox and its bank partners base loan eligibility on their respective credit and risk policies, applicable legal requirements, and other business considerations. Financing may not be available in all states and may be subject to local restrictions where applicable.
All loans are subject to credit approval and applicable terms and conditions. Borrowing involves fixed repayment obligations and applicable interest and/or fees. Approval timing based on typical experience; actual decision and funding times may vary.