Getting started with Squarespace Capital

Last updated January 22, 2025

Squarespace has partnered with Stripe to offer eligible businesses access to fast, flexible financing through the Squarespace Capital program.

Eligibility

Squarespace businesses are automatically reviewed for eligibility on a daily basis, and we’ll send you an email if your business qualifies for an offer. The criteria for eligibility is based on several factors, including:

  • Your transaction volume.
  • Your history with Squarespace.
  • You must be a US-based business.
  • You must use Squarespace Payments as your payment solution.

Eligible US businesses will receive an email if they have an available offer to apply for.

Offer structure

If eligible, you’ll receive an email with your personalized offers and you can choose the one that works best for your business. Each offer will outline:

  • Financing amount: the dollar amount that will be deposited into your bank account.
  • Flat fee: the fee you’ll pay over time in exchange for the financing amount – there are no other fees and or compounding interest.
  • Total amount owed: the sum of the financing amount and the flat fee.
  • Repayment rate: the percentage of your daily card transactions processed through Squarespace that will be withheld to repay the total amount owed.

Here’s an example offer you might receive:

  • Financing amount: $17,000 USD
  • Flat fee: $1,700 USD
  • Total amount owed: $18,700 USD
  • Repayment rate: 12%

If you accepted the example offer above and were approved, you'd receive $17,000 USD in the bank account associated with your Squarespace Payments account in 3-4 business days along with your usual payout. 12% of your daily transaction total is withheld in addition to the usual processing fees until you’ve paid down the total amount owed of $18,700 USD (the $17,000 USD advance plus the $1,700 USD flat fee).

Repayment

You’ll automatically repay the financing over time through a percentage of your transactions according to your repayment rate. The repayment process will begin automatically 1-2 business days after the funds have been deposited into your account. The more card sales you process through Squarespace Payments, the faster you’ll repay.

Early repayment

If you would prefer to repay faster or repay the entire outstanding balance, you can arrange to make a manual payment in addition to the withheld amounts by clicking the ‘Make Payment’ button on your loan overview page. There are no additional fees for early repayment.

Repaying early doesn’t guarantee subsequent financing offers. Accounts are automatically reviewed for additional offers daily and we’ll send you an email if you qualify for any additional offers.

Minimum repayment

You’re expected to repay a minimum amount every repayment period. That period will be determined during underwriting and based on the total term of your loan offer. If the total payments deducted from your sales cover the minimum payment requirement, then you’ll continue to pay back your loan through a percentage of your transactions.

However, if payments deducted from your sales over that period happen to fall below the minimum payment requirement, you’ll be required to pay the remaining amount. Stripe automatically debits your bank account or account balance for the balance needed to meet your minimum payment. You can view your minimum payment amount in the Dashboard or in your loan agreement.

To see a daily summary of your repayment progress, see the loan overview page.

Additional resources

If you have additional questions about how our financing program through Squarespace Capital works, please contact us.

Accessing this feature

Squarespace Capital offers eligible businesses access to fast, flexible financing. Loans are issued by Celtic Bank and serviced by Stripe. All loans are subject to credit approval.

Footer Image
  • Get help from our community

  • Get help from our community on advanced customizations.

  • Hire a Squarespace Expert

  • Stand out online with the help of an experienced designer or developer.

Getting started with Squarespace Capital