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Changing your bank account
You can update your bank account details while a Capital deal is active — just contact our support team to assist with this process.
When you update your bank account in the portal, Liberis is automatically notified so they can update their records. Your repayment split will continue as normal throughout. Once your deal ends, your payouts will automatically switch to the new account.
What does it cost?
Revenue-based financing comes with just one fixed fee on top of the cash advance. No interest, late fees, and no hidden setup costs.
Can I customise my offer?
Yes. You can choose the cash advance(s) you are pre-approved for and how quickly you want to pay the cash advance.
Does Liberis require a guarantee or collateral?
A set percentage of your daily sales is automatically deducted until your cash advance is fully paid. In slower months you pay less, and pay off faster in busier months.
The only requirement is a minimum monthly payment of up to 3% of the total owed. There are no late fees or penalties for early payment.
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