How does Slope determine my credit limit and terms?
Edited
Slope takes into account several factors, including financial performance and credit history — and can determine a customer's borrowing power in seconds. The combination of these data points allow us to make a thorough assessment of the right borrowing terms for a business. Specifically, we decide:
Pre-approved Limit: The revolving limit for a business that can be used again and again.
Order Limit: The maximum transaction size that can be financed at once.
Terms: The repayment terms the business can choose from.
Pricing: The financing fee rate for each term option offered.