LendAmi makes it easy for you to capture more customers & collect on overdue invoices
Sometimes landing that new client means offering a payment schedule. Credit cards can charge high merchant rates but, using LendAmi, you can reduce your costs and offer clients an easy way to pay you over time.
Ask us how to use LendAmi at no cost to you
Contacting your trusted customers over late payments can be awkward and frustrating. Sometimes, customers are simply unable to pay on time and in full. LendAmi can help you set up scheduled payment plans.
Setup recurring payments for overdue invoices
LendAmi’s mobile payments platform can handle automated recurring payments from your customers
Mutually agreed upon terms including interest rate, payment frequency and term length
Payment reminders are sent via SMS by LendAmi so you don’t have to
Payments are automatically made via bank ACH at no cost to you
Leverage the power of the latest mobile-enabled FinTech solutions to propel your business with the ability to setup and accept recurring payments.
LendAmi uses FinTech providers Plaid and Dwolla to validate user identities and complete secure bank ACH transactions.
We take user security seriously. Our use of 2FA and OTP provides a greater layer of protection for our users than single password alone.
Client owes you remaining $2,500 from services rendered
They agree to pay you back over the next 6 months along with 8% interest
The total received for your $2,500 over 6 months is $2,558.65 including principal and 8% interest
Attract viable customers who may need a payment plan
Automated reminders and bank transfers lessen the need for payment follow-up, reducing difficult conversations
Merchant fees for credit card payments can cost you 2 – 4% of your revenue. With LendAmi, the party making the payments covers the low 2.5% platform fee
Apply interest rate charges to recurring payments
Track all recurring payment plans in a single, easy-to-view desktop and mobile-enabled platform
Serve English & Spanish speaking customers using our bi-lingual recurring payments platform