Fresha Capital
In this guide, you’ll learn how to apply for a flexible business loan through Fresha Capital and manage repayments.
- How Fresha Capital works
- Accept a Fresha Capital loan offer
- Re-apply for a Fresha Capital loan
- Repay your Fresha Capital loan early
- View your Fresha Capital loan details
How Fresha Capital works
Fresha Capital gives you fast, flexible access to business funds without the hassle of traditional loans. If your business qualifies for a loan through Fresha Capital, you can find offers directly in your Fresha workspace.
Applying takes just minutes, with instant approval, and the money lands straight into your account. You can choose from the loan amounts available in your offer, up to the maximum shown, giving you flexibility in how you invest in your business.
Repayments are simple, a small percentage of your daily sales processed through Fresha is automatically deducted, so you pay back as your business earns. You also have the flexibility to make manual repayments directly from your verified bank account or to renew your loan when needed.
There are no hidden costs, just one flat fee per loan. That means you’ll always know exactly what you’re paying, with no surprises.
Fresha Capital is provided by Adyen, our licensed banking partner and lender. While you apply through Fresha, the loan agreement is between you and Adyen.
Accept a Fresha Capital loan offer
To accept a loan, you first need to have a Fresha Capital offer available in your account.
- From the toolbar on the top right of your screen, click on the Wallet icon to open your business wallet.
- Select Fresha Capital from the left panel to view the amount your business qualifies for.
- In the right panel, click on the Start now button to continue through to select your offer.
- If you are pre-approved for multiple locations, click View offer next to the account owner you want to apply for a loan.
- Tick the checkbox next to the reasons you intend to use the loan for and Continue through to apply for a business loan.
- Under the loan application, choose the amount you’d like to borrow access, review your repayment details, and then click Continue.
- If your account has multiple signatories, select the person whose details will be used on the loan and agreement, and then click Continue.
- Follow the steps to verify your identity, then enter the verification code sent to your email address.
- Review the Capital User Terms, then click on the Sign button at the bottom to add your signature in the pop-up.
- Click on the Agree and submit button on the right to submit your loan application.
Once approved, you’ll receive an instant confirmation email. The funds are added straight into your business Wallet, and repayments are automatically deducted according to your repayment terms.
Re-apply for a Fresha Capital loan
A new offer is sent to you via email if your business qualifies for a new loan.
- From the toolbar on the top right of your screen, click on the Wallet icon to open your business wallet.
- Select Fresha Capital from the left panel to view the amount your business qualifies for.
- In the right panel, click on the View offer button to continue through to review the business loan details and continue through the steps to apply for another Fresha Capital loan.
The funds are added straight into your business Wallet. If you have an existing loan, any outstanding balance is settled first, with the remainder added to your wallet.
Repay your Fresha Capital loan early
- From the toolbar on the top right of your screen, click on the Wallet icon to open your business wallet.
- Select Fresha Capital from the left panel to view your loan overview.
- In the right panel, under your remaining loan balance, click on the Make repayment button to view your repayment details.
- Log in to your verified banking app or online account and make a manual transfer using the repayment details provided.
- In your Fresha account, click Close in the top-right corner of the repayment screen.
Once an early repayment is made, the amount paid is deducted from your current balance.
View your Fresha Capital loan details
- From the toolbar on the top right of your screen, click on the Wallet icon to open your business wallet.
- Select Fresha Capital from the left panel to view your loan overview.
- In the right panel, under your remaining loan balance, click on the View details button to view:
- Your remaining balance
- Transactions history
- Loan details
- Click Close in the top-right corner of the repayment screen.
FAQs
Fresha Capital loans are linked directly to the account holder. This means you cannot change the account holder on a location while a loan is active. However, you can update the bank account details as long as the account holder remains the same.
Fresha Capital loans are separate from your Fresha billing and fees. Fresha Capital loans are provided by Adyen, and all repayments are sent directly to Adyen.
You receive an email notification once your Fresha Capital loan is fully repaid, confirming that the repayment process is complete.
If you’re having trouble repaying your loan, please reach out to Fresha Support as soon as possible. Our team will review your situation and guide you through the available options.
You can’t increase the amount of an active Fresha Capital loan. However, you may receive a new loan offer while your current loan is still active. If you choose to accept it, any outstanding balance on your existing loan will be settled first, and the remaining funds will be added to your wallet.