PayabilityReviews of payability.com

I totally recommend Payability. It’s money everyday. Very simple and easy. Don’t wait.

We would like to share our nightmare experience with Payability in case anyone is interested in using their service. We had a really great experience with them in the beginning until our account was triggered for the high-velocity sales review from the Amazon seller performance team. Our account was released after 26 days from the reviews and we thought everything was okay. However, the next day, Payability did charge us the roll-over balance fee which we never heard about until “read your contact paper” and it was more than $30,000 and the fact we had no access to the funds for 26 days. (we had around 700k in sales before the reviews) We did get the credit of $20,000 from them as a one-time courtesy but we still have to pay $10,000 out of our pocket. And the nightmare happened again, amazon triggered another high-velocity sales review 10 days after the release. We believe this was triggered in system error since we didn’t have many sales between the period. Here comes the real problem when payability sent out the demand letter to Amazon the same day and the Amazon seller performance team put our account in question. This cause the longer delay and our account were released 27 days later. No surprise, we did get charged for another $20,000 finance charges from them without having any access to the fund. At this point, they terminate our contract and refuse to give us any credit. Overall, we had to pay more than what we agreed, the total fee was more than $85,000 if we couldn’t get any credit from them. Bottom line is, if you consider using payability, do aware all of this and do prepare to pay them. I wouldn’t highly recommend using them.

Honestly, if you either: ⁃ Have access to bank loans & credit cards, or ⁃ Sell low volume/low demand products or ⁃ Are not too cash-strapped Then you probably don’t need to use Payability. But I was a college student, neither a Resident nor Citizen of the US (so no credit cards & loans for me). I could potentially sell 100k+/month but apparently didn’t have a lot of cash on hand. Payability welcomed me with open arms. My initial rates were 3% (for international sellers), down to 2% once I did 100k+/mo, and then down to 1.25% with Loyalty Rewards. I would say every program they launched was spot-on!  My account manager, Eric, was professional, friendly, understanding & respectful. They gave me a 2% Cash-Back-on-all-purchase Visa was also a godsend for me. The only downside I can think of is that my bookkeeper wasn’t fond of the reporting system. But in the end, it was worth it! I'm incredibly grateful that this service exists to help out sellers.

Very useful financial tool. It is not for everyone, but it works for me. Applied for service in the morning. Alex M. helped to set up the account. Very fast guy! By the end of the day funds were available to replenish the inventory. Really appreciated no BS approach. Pleasure doing business with professionals. Thank you Alex!

Great customer service! Thank you Alex Moore.

Great customer service, answered all my questions fast.

Thanks Did things right

This review is to help out anybody who is thinking about applying for an advance through Payability: If you have a judgement against you for maybe a closed credit card, DO NOT APPLY. If your business bank account doesn't maintain at least a $1,500 daily minimum, DO NOT APPLY. I have been in business on shopify for almost 2 years, I was well over the $2,000 minimum that you need to qualify for an advance, and my store was in great standing. So is my business bank account. Everything checked out perfectly until they told me that there was a judgement against me for $500 that I had no idea even existed. They said their policy does not allow business owners who have an open judgement against them. WHY ISN'T THIS ON THE WEBSITE?!!!!! I would have taken care of the judgement with no problem at all if I knew it even existed. Now i can never qualify for an advance even if i paid the judgement. And I would have some funding for my store right now. HUGE disappointment. Be more transparent with people who apply BEFORE they apply! I worked my butt off growing my business only to be denied over something so shady.