Am I Eligible for Credit with 40Seas? What you Need to Know

At 40Seas, we are committed to making the process of applying for credit as transparent and straightforward as possible. Below is everything you need to know about getting started

We understand that businesses often have questions about the requirements and steps involved in obtaining a credit limit with 40Seas. In this article, we will outline the key requirements and steps to help you navigate the process with confidence.

Business Registration and Activity

To apply for credit with 40Seas, your business must be registered and active for a minimum of one year. This allows our team to see enough information for a full fiscal year to make their underwriting decision. If your business meets this criterion, you are eligible to proceed with the application process.

Supported Regions for Pay Later Services

Currently, our pay later services are available to businesses in the following regions: Canada, the US, UK, Australia, New Zealand, and European countries. If your business operates within these regions, you can take advantage of our convenient pay later option, enhancing your purchasing power without any upfront costs. If you do not have an entity in one of these supported countries, we can still work with you to digitize the payment process with our 'Pay Now' solution or collaborate with us as part of our affiliate program. 

Underwriting and Credit Evaluation

As part of our credit application process, we perform underwriting to evaluate your creditworthiness. This involves a thorough assessment of your financial documents to ensure that we can offer you a credit limit that aligns with your business needs. For detailed information about our underwriting process, please refer to our dedicated article here.

Our experienced team will work diligently to evaluate the documents you provide within 24-48 hours, aiming to make the process as efficient as possible for you. 

The Cost?

We want to emphasize that applying for credit with 40Seas and maintaining a credit limit with us does not cost you anything. There are no hidden fees or charges associated with the application process or having a credit limit. Our goal is to support your business growth without adding financial burden.

In Conclusion

Applying for credit with 40Seas is designed to be hassle-free and customer-focused If you meet the basic requirements outlined above, you can start the application process today. Simply go to https://dashboard.40seas.com/signup to get started. Our dedicated team is here to assist you at every step, ensuring that you have access to the credit you need to fuel your business expansion.

 

If you have any questions about getting started or about the status of your application, reach out to our customer success team at contact@40seas.com or by live chat for assistance.