Slope takes into account several factors, including financial performance and credit history — and can determine a Buyer’s borrowing power in seconds. The combination of these data points allow us to make a thorough assessment of the right pre-approved limit for a business. Specifically, we decide:
Pre-approved Limit: The maximum pre-approved limit for a business.
Order Limit: The maximum transaction size that can be financed at once.
Terms: The financing terms the business can use. We offer 30 and 60 days or 60 and 90-day installment plans.
Why did I get denied?
The most common reasons are:
Insufficient revenue found in connected bank accounts attached.
Credit history.
A decline in cash balance and cash flows.
Sometimes, multiple signals combined together may cause a rejection.
I'm unhappy with my limit, how do I get more?
If you have more bank accounts, please link them. If you have bank accounts that you cannot connect, please reach out to us at support@slope.so.