Today, we’re proud to launch Relay Capital. ⚡ Meet term loans for businesses that need fast, flexible funding, without the friction. Over the years, we’ve heard countless business owners tell us how hard it is to get the financing they need, when they need it. Your business can’t pause for a lender's timeline. Every day, you're thinking about how to kick off your next stage of growth—whether that's hiring, inventory expansion, renovations or a new location. So, when the next opportunity pops up, you can’t afford to miss it because of weeks-long back and forth with traditional lenders (who could still reject you at the end of it all). Relay Capital is the lending small businesses deserve: easy access to capital the moment it matters most. If you’re an existing customer and you prequalify, a term loan offer will be waiting for you in your dashboard. Businesses can prequalify for loans between $1,000 and $250,000, based simply on their Relay account activity.* You choose your terms and decide what to draw. Upon approval, you can receive funds in as little as 1 to 2 business days. Most business owners know exactly where they want to go, but they need access to capital to realize their ambitions. Relay Capital term loans are our first step toward fixing that. We're just getting started. — * Relay Capital funding is provided by Fundbox, an external third-party provider, or its bank partner, Lead Bank. All financing is subject to credit approval of a completed application. Fundbox and its bank partners base loan eligibility on their respective credit and risk policies, applicable legal requirements, and other business considerations. Financing may not be available in all states and may be subject to local restrictions where applicable. All loans are subject to credit approval and applicable terms and conditions. Borrowing involves fixed repayment obligations and applicable interest and/or fees. Approval timing based on typical experience; actual decision and funding times may vary.

In 7 years, we took @bankwithrelay from an idea to a platform that today serves 100,000+ businesses across America. In the coming weeks, I’m sharing the story of how we got there. Before we had the idea for Relay, we knew that to build a business you have to solve a real problem. So every time I saw a challenge faced by business owners, I wrote it down. For example, during my time at Hubdoc, I saw how hard it was to issue credit cards to manage expenses. (At one point, someone tried a "workaround" using consumer Amazon cards tied to someone’s personal credit… which Amazon promptly shut down.) We also saw the constant hoops businesses had to jump through just to set up business banking. Once set up, your banking data—your source of truth—would need constant manual cleanup before you could use it. It seems simple now, but back then it was actually painfully hard to share it with others who needed it, like your accountant, and get insights from it. All of this meant that business owners operated blindly. Not knowing what cash was safe to spend and what should be set aside—because payroll, bills, and incoming payments all lived in a different place. The real problem was cash flow visibility. And to solve it, you would need to go to the source: business banking itself. And that's the idea that eventually became Relay. This is part 1 of 10—stay tuned and hit follow to get the rest of the story. Next week, I’m sharing how my co-founder and I decided to go all in.

We've crossed $1 billion in deposits, $1 billion in annualized card spend and $3 billion in monthly processing volume. Excuse my language – this is f'ing huge! 🚀 This milestone is more than numbers. It's a vote of confidence from every single self-made entrepreneur using Relay. These are tenacious people who are forging their future one customer, one solved problem and one dollar at a time; they are why we do what we do! 💪 We are so proud to be part of their journey and to stand with the self-made. This moment is really theirs. A BIG thank you to all of our customers, partners and to the Relay team 💚 Here's to the next billion! 🙌