Why was I declined?
Edited
When evaluating credit limits for businesses, Slope takes several factors into account, including financial performance of the business, credit history, and more. The combination of different data points allows us to make a thorough assessment of businesses.
The most common reasons businesses get rejected from Slope are:
Insufficient revenue found in the connected bank accounts
Credit history
A low cash balance and/or cash flows
If you were not approved, you should have received an email detailing the reasons why you were not approved.
If you have specific questions about your application, send us an email at support@slopepay.com