What we'd like to see. The more detail, the sharper your number.
Every transactionEach payment in and out: date, amount, and type. Line by line, not totals.
Payroll runsWhen payroll ran and how much went out.
Invoices and billsWhat was sent, what was paid, and when.
PayoutsCard settlements, marketplace payouts, deposits.
Account basicsIndustry, province, and when they joined you.
What stays with you
- Names of businesses or people
- Emails, phones, addresses
- Tax IDs and business numbers
- Bank account and card numbers
You swap each customer for a code only you can decode. We see what happened, never who.
How it works. Start with a file, then keep it flowing.
Week one
Send a year of history
One export of the last 12 months. We send the template and a secure upload link.
Week two
Get your number
A 45-minute meeting. How much cash your customers needed, how much you'd earn, and the 100 businesses to start with.
After that
Turn on a daily feed
The same data, sent automatically each day. We update your number every month and flag businesses the moment they run short.
What the number looks like. An example.
$590K
A platform with 5,000 businesses might find 1,150 of them ran short last year. If Slate had funded them, the platform's half of the profit would be about $590,000 a year. Your real number comes from your own data.
If you go live later. Still simple.
The moneyComes from Slate's balance sheet. You take no credit exposure.
The workSlate handles approvals, servicing, collections and compliance.
Your partKeep the data feed on and show a banner in your product. About a week for one developer.
Your cutA 50/50 split of the profit on every advance.