Uncapped Vs. Payability. Which funding solution is best for your eCommerce business?

Uncapped and Payability both offer tools for sellers to solve cash flow problems. But which tool is best for your business? We break it down below.

post by:
Carmen Marks

Company comparison

4.6
 

Uncapped

UK Based, fast funding for scaling businesses

KEY FACTS

  • Funding up to $10 million with fees as low as 2% from capital investors
  • Repayment through a percentage of your monthly revenue
  • Requires 6+ months in business with $10k+ in monthly revenue
  • Must have at least 40% of payments processed online
  • Applications reviewed and funded within 24 hours
  • No spending restrictions when you receive funding
VS
4.4
 

Payability

Fast Funding for eCommerce Sellers

KEY FACTS

  • Cash advance based on sales history (up to $250k next day funding)
  • Requires 9 months in business with average of $50k per month in sales
  • 2% monthly fee with discount rates for sellers who average $100k+ per month in revenue
  • Two types of cash advance plans to help business grow at any stage
  • Approval within 24 hours for qualified applicants
  • Only for inventory procurement or marketing

KEY FACTS

  • Funding up to $10 million with fees as low as 2% from capital investors
  • Repayment through a percentage of your monthly revenue
  • Requires 6+ months in business with $10k+ in monthly revenue
  • Must have at least 40% of payments processed online
  • Applications reviewed and funded within 24 hours
  • No spending restrictions when you receive funding
  • Cash advance based on sales history (up to $250k next day funding)
  • Requires 9 months in business with average of $50k per month in sales
  • 2% monthly fee with discount rates for sellers who average $100k+ per month in revenue
  • Two types of cash advance plans to help business grow at any stage
  • Approval within 24 hours for qualified applicants
  • Only for inventory procurement or marketing

Final Verdict

At first glance, Uncapped and Payability seem pretty close in comparison. Both have low rates and fees, and provide rapid approval with funding within 24 hours. Additionally, both companies are backed by Visa for faster access to funds. 

When it comes down to it, Uncapped takes the lead as it has no spending restrictions and lower requirements. The ability to allocate the money where you see fit frees up cash flow and allows you to grow your business across your supply chain.