What is the service?
My Loan is business financing in the form of a revenue advance. You can use it for any purpose related to your business. Repayment of My Loan is very convenient and adapted to the seasonality of your business. You don’t have to remember about deadlines – we collect installments on a daily cycle (on business days), automatically – as a percentage of turnover on your terminal at Polskie ePłatności.
You earn less – you pay back less.
The money is disbursed within 24 hours, without the need to provide certificates, unnecessary paperwork, visits to the bank or guarantees.
The financing offer is waiting for you in the Customer Panel of Polskie ePłatności. You accept the financing terms online.
What do I have to do to use it?
If you have been a customer of Polskie ePłatnosci for a minimum of 6 months and have been in business for a minimum of 12 months, apply for My Loan in the Polskie ePłatnosci Client Zone: https://strefa.pep.pl/.
Filling out the application takes less than a minute. You will learn the terms of financing already at this stage – just use the calculator, where you can choose the value of the loan.
You accept the offer by SMS code.
You complete the formalities with Polskie ePłatności.
You receive a transfer to a company bank account.
Installments will be settled automatically from the daily turnover on the payment terminal.
I want to increase the limit – how can I do it?
For customers with a limit of 200 thousand zlotys, the process of requesting an increase in the limit (up to 300 thousand zlotys) is available in the PragmaGO Customer Zone.
Where will the funds I request go?
To your company account registered with Polskie ePłatności. Remember that if you are a VAT payer, it must be on the white list of VAT payers.
Where can I find the terms of service?
The regulations are available when applying for funding.
Where can I find more information about the service?
For more information, visit: Payment terminal for 0zł – Receive free terminals – Polskie ePłatności (pep.pl)
How is the funding limit calculated?
In the Polish ePayments Customer Panel, you receive a personalized financing proposal. The financing limit is granted based on the analysis of data from your payment terminals, external and internal databases and PragmaGO scoring algorithms.
At what point will I know the cost of financing?
At the My Loan application stage, you can use a calculator that will calculate the amount of the installment depending on the financing value you choose. The cost of My Loan is 18.5% fixed fee. This is a clear and only fee for financing up to 12 months – regardless of interest rates.
Can I include the cost of financing as a business expense?
Yes, you can count the cost of My Loan as a business expense.
Do I have to declare what I want to use the funds for?
No, you can use the funds for any purpose related to your business. You can use them, for example, to buy more goods if they are on promotion (and increase your margin on sales), office equipment, marketing activities and more.
Do I need to prepare additional documents?
No – the My Loan application process is fully automatic and the credit evaluation is based on, among other things, data from your payment terminals, external and internal databases and PragmaGO scoring algorithms.
What does the repayment look like?
The repayment of My Loan installments is convenient and maintenance-free – they are settled automatically as a percentage of the daily turnover on terminals. You do not have to remember about them. When sales decrease, the value of the installment also decreases.
You will receive accurate information about how much has been deducted from the transfer and how much is left to repay.
How much money can I get?
The minimum limit you can apply for is 3 thousand zlotys, the maximum – 200 thousand. PLN.
For what period can I get financing?
You can spread the repayment over a maximum of 12 months. Remember that the financing limit renews after each repayment.