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I'm a heavy user of Stripe with 3 businesses >50k MRR and for me charging 10% (even if it's 1 year loan), let alone a >25%+ APR is RIDICULOUS. I'd certainly nev
by countryqt30 7y ago
I'm a heavy user of Stripe with 3 businesses >50k MRR and for me charging 10% (even if it's 1 year loan), let alone a >25%+ APR is RIDICULOUS. I'd certainly never use it. I mean this as constructive feedback. I'm actually very disappointed by this ridiculously lousy offer for customers, because that's the opposite of how I've known Stripe: friendly and customer-oriented.
Cut your fees by 5X and then you have a product we're talking.
- 1123581321 7y agoDo you actually need to finance your business? It just sounds like you don’t value access to cash. This is an alternative to traditional small business lending and receivables factoring.