FAQ

Since 2014, FLEXXBUY has been providing businesses a pathway to selling more goods and services by converting high-tickets into affordable payments. Through FLEXXBUY’s Byzly platform, businesses are presented with an array of providers that give them total flexibility in meeting the needs of their prospective customers, clients and patients. FLEXXBUY has helped businesses, across all verticals, facilitate hundreds of millions of dollars worth of sales they would otherwise never have.   

People that use FLEXXBUY have all kinds of credit. Some consumers that utilize customer financing have what is considered sub-prime credit. Most have fair or better credit. FLEXXBUY has integrated many lenders to handle most circumstances. FLEXXBUY even has products and programs that can approve every applicant, regardless of credit, to businesses that qualify. 

FLEXXBUY can provide solutions for almost every business, regardless of the age of the business, the revenue of the business, whether the business has a physical location or is home based, and regardless of what and how the sell (with just a few exceptions). As a matter of fact, FLEXXBUY was established for the very purpose of democratizing customer financing. Of course, not every business will qualify for every solution. New and small businesses may be eligible for additional programs as they become established and FLEXXBUY is often adding additional solutions that could be made available to businesses. 

FLEXXBUY has lenders that fund the business directly as well as lenders that fund the consumer directly. FLEXXBUY’s core solution is the Credit Select Plus (CSP) Platform which contains over 30 lenders and those funds go directly to the consumer who then pays the business. This platform is the most flexible from the standpoint of the businesses that can utilize it as well as the credit appetite of the lenders within the platform. While this platform has pros and cons, we have established a detailed application support ecosystem that best assures that the business is paid with the proceeds

FLEXXBUY has many other providers that will accept businesses, subject to vetting and industry, that will fund the proceeds directly to the business. Every business that is enrolled with FLEXXBUY is evaluated for the best available solutions at the time of enrollment and throughout their time with FLEXXBUY.  

FLEXXBUY does not pull credit on the business owner and will generally accept any business. Once exception is if the business or the business owner has a history of cheating or bad behavior with consumers.

That said, some of the lenders, particularly those that will fund the business directly, will thoroughly vet the business and the ownership and poor credit can impact the lender’s decision as to whether or not they take on the business as a client.

Every loan application is based on some criteria involving credit and debt-to-income or financial health scores. Each lender is different based on their risk tolerance. Some lenders are more conservative and try to entice prime consumers with more competitive terms. Other lenders will talk more risks and charge the consumer and/or business more for that risk. FLEXXBUY has lenders that fit all criteria of risk assessments.

Unfortunately, no. Lenders keep their decision algorithms close to the vest. While credit FICO score plays a big part in the decision, it is only the first step in the decision making process for the lenders. They will evaluate everything from debt-to-income ratios, income as it applies to the geographic cost of living, the trajectory of the individual’s credit, and many other factors.

The consumer will have to lift the freeze on all three major credit bureaus (Transunion, Equifax and Experian) in order for their loan application to be evaluated. Once the loan is finalized, they can reinstate the freeze, if they desire. 

Applicants are under no obligation to accept an offer provided by our lenders. We have many clients who encourage prospective customers to submit an application so they can weigh their options. Since applications don’t result in a credit inquiry, walking away from an offer has no repercussions.  If the consumer has another way to complete their transaction with your business, they can follow that path or any other path they choose. 

Each program is different and we will customize a package that best fits your business needs. Our programs vary from being able to accommodate a few hundred dollars all the way to $100,000 (sometimes higher).

Most of our lender solutions will provide a decision within seconds or a few minutes. In some cases, applications are pre-approved with final approval subject to further vetting of the applicant. 

FLEXXBUY attempts to differentiate itself in a number of ways.

1. We democratize Customer, Client and Patient Financing by accepting just about every business that wants to provide these services.

2. We work across every business vertical and has, to our knowledge, more solutions than any known provider. Our Byzly platform now incorporates all transaction methods so businesses can now get, not only dozens of financing lenders, but also payment and Buy Now, Pay Later (Affirm, Klarna, etc.) providers all in one platform. 

3. FLEXXBUY is not a Merchant of Record (like Stripe, Whop and others) therefore the business does not run the same risks of cancellation, reserve accounts, etc. when they utilize FLEXXBUY for payments and other financing options. Every business is underwritten and is presented with providers that understand and accept the business and the risks.

4. FLEXXBUY offers a lot more customer financing options than other platforms. The other platforms primarily offer the Buy Now, Pay Later providers, who provide value but are limited. FLEXXBUY offers Buy Now, Pay Later as well as dozens of other lending providers. 

Typically, you will be paid your money within 1 to 3 business days after the funding of the loan but certain circumstances may affect that timeline.

FLEXXBUY charges a one-time $399 platform setup fee. This includes a concierge type service that will work with you to create your bespoke financing and payment experience. There is a $49 monthly subscription fee in order to utilize the Payment Hub within the Byzly Platform. The Payment Hub includes all payment providers, Buy Now, Pay Later providers, the Instant Access Credit Card Platform, the Flexx Direct ACH invoicing system and more.   

In addition, there are utilization fees associated with transactions that occur through FLEXXBUY providers. The fees will vary depending on the provider.  A FLEXXBUY   representative can go over the solutions and  costs associated with providing a customized customer financing solution to your customers.  

Probably, and here is why. FLEXXBUY can either replace existing financing or supplement it. Today, a high percentage of people are getting turned down for traditional credit based financing. There are people that would have gotten approved in the past. FLEXXBUY can help many of those people achieve their objective and do business with you. Also, there are many people who don’t bother coming to your business because they know their credit is bad and won’t qualify for traditional finance options. FLEXXBUY is a low risk customer financing alternative that will help drive more people to your business.

The bottom line is that as a business owner or manager, you should want every viable option that you can make available to prospective buyers of your products or services. Consumers always face didn’t levels of uncertainty. Sometimes, even if they have the resources to pay, their preference is to compatmentalize their transaction and use third party financing rather than deplete their reserves. Most of our clients agree that there is no such thing as having too many options available to make sales.

Most of our providers are non-recourse, which means that you are not responsible for the payment behavior of your consumers. Some of the lenders that work in high-risk verticals will have some degree of recourse and chargebacks. FLEXXBUY team members will make you aware of any such provisions when a provider is presented to you as a potential solution.

Byzly is FLEXXBUY’s complete transaction platform. With Byzly, you can have all of your payment and financing options all in one place. You can connect your existing credit card processor and/or apply for credit card processing through the platform. You can apply or connect all of your wallets, Bank-to-bank/ACH providers, Crypto processing and Buy Now, Pay Later providers. You can create on-line product checkout, create quick checkouts, create invoices connected to a checkout and even use a virtual terminal to take payments by phone. You can convert any payment into an installment or recurring payment, when needed. You also have access to all of your customer financing solutions. Byzly is the ultimate in transaction flexibility.

While a Merchant of Record can be an easy and convenient way to go, it comes with risks. By definition, the platform, whether it be Stripe, Whop or one of the other Merchant of Record platforms, take responsibility for the transaction and therefore, the risk. To minimize losses, they will often be quick to act when they deem a merchant (business) too risky. For any reason, or no reason what-so-ever, they could withhold money in reserve or worse, cancel you altogether. There are countless stories of businesses that have been severely damaged without warning. When a business loses their credit card processor, it’s not just about new sales. They lose access to the ability to collect recurring payments and are forced to go back to the customer and have them create new transactions. It could be devastating. Applying for credit card processing through Byzly, while requiring more work, results in an account that’s been underwritten and approved by a provider that understands you and your business, warts and all. There will not be a knee jerk reaction based on recent activity. 

Byzly is all about helping you make transactions so FLEXXBUY is always looking for ways to make that happen. Byzly offers credit pre-qualifying AI that helps merchants decide the financing direction they can go. It also provides a platform of Instant Access Credit Cards, some with 0% promotions (release date approximately 11/2025). With Instant Access Credit cards, merchants can prequalify consumers and know with 95 percent certainty whether or not they will qualify for one or more credit cards. The consumer can complete the credit card application through Byzly and within minutes, the merchant can process their sale using the new credit card. In many ways, this is the ultimate direct customer financing solution on the market.

Byzly also provides every business with white label capabilities as well as the ability to create sub accounts. It allows for unlimited users/seats with individual admin set permissions. It can also be embedded into any software or CRM. 

All this power comes at a low cost of $49 per month per location.

Just like with loans, each credit card provider will have their own qualification criteria. Most credit cards are geared towards people with prime credit (680+ FICO score) but we are always looking for providers that broaden the chance of approval. Byzly provides the pre-qualification AI in order to guide both you and your consumer in the direction they should go. Unlike with personal loans, each credit card application results in a hard credit pull so it’s important to be strategic when applying for credit cards. 

You can complete the easy merchant application by clicking on the Enroll Now button at the top of the page or, Click Here.