Understanding State Law Restrictions

Edited

If your business address is located in one of the following states, please note that state laws and regulations place certain restrictions on the size and/or pricing of the loans you can obtain.

This could affect whether a certain order is eligible for Pay Later for Business financing, depending on the order amount and/or the rates you're qualified for.

If your order is ineligible due to state regulations, you'll see the Pay Later for Business option disabled. Orders with a different amount and/or term selection might still be eligible.

If your business address and state have changed, you can update the information under the "Account" section of your Slope Portal.

Please contact support@slopepay.com for any questions.

State 

Loan Size / Rate Restrictions

Alabama

  • No loans less than $1,500

California 

  • Loans $1,651 - $2,500: cap 1% per month

  • Loans $901 - $1,650: cap 1.5% per month

  • Loans $226 - $900: cap 2% per month

District of Columbia

  • Loans $2,500 or less: cap 24% APR

Georgia

  • Sole prop borrowers: no loans for $3K or less

  • Non sole prop borrowers: loans less than $3K, cap at 16% APR

Maryland

  • Loans $15,000 or less: cap 24% APR