Using the Fundomate Integration feature, agents can submit merchants for Fundomate funding or the merchants may apply on their own.
For more information on Fundomate, please visit https://www.fundomate.com/
To submit a merchant for Fundomate Funding, open the Funding tab on the Merchant Details page and click Apply For Funding:
The application consists of three steps.
In the first step, enter the merchant's basic business information and the required amount, and click Apply:
In the second step, enter the additional business and owner information:
Finally, in step three upload any supporting documentation, and click Complete:
Once the application is submitted, the merchant will start receiving offers and those will be displayed together with the other relevant information on the Funding tab:
You can use the Funding tab to keep track of the funding deal's progress and to upload additional documentation or post new messages.
Merchants can also apply for Fundomate funding on their own.
After the Fundomate Integration is enabled on your site, your merchants will see the below popup when they log in:
If the merchant clicks on the popup, the Funding tab will open up where they can launch their funding application in the same way as when the agent is launching the application:
If a merchant clicks on the Apply For Funding button on the Funding tab, the ISO will receive an automated email notification to let them know that a merchant is interested in Fundomate Funding.
The notification is sent as soon as the merchant clicks on the button, regardless of whether they complete and submit the application or not.