NachoNacho's Financing product gives you a convenient way to get term discounts when buying software (typically a 20% discount), and still spread out the payments monthly. It also helps you finance any other business expense, reducing upfront cash outflow.
The Financing product is separate from the credit card (NachoCard) product. You need to do two separate transactions:
1) Pay for your expenses using NachoCards, as usual. This payment is funded by your Payment Source.
2) Apply for a loan using the Financing tab. If your application is approved, and you decide to accept the offer, the amount lent to you will be deposited in the bank of your choice.
These two steps can be done in any order, since they are independent of each other.
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