Divvy now offers Divvy Capital, a real-time, flexible funding solution.
Designed to improve your cash flow with the click of a button, Flex Plans for Bill Pay is the premier Divvy Capital product. Qualified Divvy customers get an automatic Flex Limit they can use to pay vendors in Bill Pay.
When using Bill Pay, customers can upload their invoice and select the vendor they wish to pay. A new option will be available to select customers when picking the funding source: Flex Plan. Customers will be able to choose a 1, 2 or 3 month plan with a corresponding fixed fee starting at 0.9%, 1.4% or 1.9%.*
From there, Divvy pays your vendor, and automatically withdraws payments to repay the Flex Plan according to the chosen schedule.
*Fee rates based on eligibility and subject to change. Not all customers are eligible for the lowest rates.