A Lombard advance is a purchase of future receivables, not a loan.
Funding cost: a single factor rate — you deliver a fixed total per dollar advanced. The current range is stated in your offer. No monthly fee on the advance and no prepayment penalty — finishing early never costs more; the purchased amount is fixed when you sign, and the only additions are the fees listed in the agreement's fee schedule, each tied to a specific event named there — never to a slow month. If an origination fee applies to your offer, it is stated in dollars in the disclosure before you sign. Every offer is accompanied by the cost disclosure your state requires, with a worked example, before you sign.
Processing cost: card processing pricing is provided individually, in writing, before you sign. A monthly software subscription applies to paid plans; its amount and billing method are stated in your agreement before you sign. Equipment is separate and is not included: you can buy it outright, or lease it to own through Lombard Pay under an Equipment Lease Agreement — a fixed monthly amount billed through your processing account. The amount and term depend on the equipment and are stated in your lease before you sign, and no charge exists that is not listed there.
Lombard does not claim any third-party accreditation, certification or award. Full disclosures · State disclosures