Facepay Launches Facepay Capital

Dec. 8, 2021

The new offering provides access to funds needed for staffing, diagnostic services, training and other near term upgrades.

Dec. 8, 2021—Facepay has launched FacepayCapital, a new offering that provides access to funds needed for staffing, diagnostic services, training and other near term upgrades. 

The capability is integrated directly into the Facepay platform as a one-stop-shop for acquisition, underwriting, origination, and on-boarding that is needed to get access to the money needed, and it is powered by Lendflow. 

“The innovation of FacepayCapital is that, because these shops are using Facepay, the shops free up cash to pay for the loans or credit they need. So they are truly growing their business with money they saved from eliminating credit card fees,” the press release reads. 

Todd Westerlund, Facepay Chief Revenue Officer, will moderate a one-hour webinar on Thursday, December 16th at 12 p.m. eastern to explain the product. The webinar will feature an expert panel on the subject of Growing Your Business in 2022.

“The timing of FacepayCapital could not be better as auto repair shops need to have access to funds to grow in 2022. Making these upgrades is paramount to ensuring shop success and maintaining high customer satisfaction. It is a game changer,” Westerlund said in a statement. 

About the Author

Ratchet+Wrench Staff Reporters

The Ratchet+Wrench staff reporters have a combined two-plus decades of journalism and mechanical repair experience.

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