Performance Capital helps US companies cover advertising spend through capital mode on Flyweel Capital Card. It is a pay in full charge card with an automatic monthly payment.2
AvailabilityLink to this section
| Your company | Current path |
|---|---|
| Based in the United States | Set up Cards and choose capital mode during the application. Approval is required before you issue a card. |
| Based outside the United States | Enter your country during setup and select Notify me. Flyweel emails you when cards reach your country. |
How capital mode worksLink to this section
- A workspace owner or admin opens Cards and enters the business details.
- They choose capital mode when asked how the cards should be funded. The choice is locked once the account is created.
- They complete identity verification in the card partner’s form.
- The card partner decides. Most applications are decided the same day, and typically within two business days. Flyweel emails owners and admins with the outcome.
- After approval, they issue a card. Your limit may still be pending at this point; it appears on the Cards page as soon as underwriting sets it.
- Your outstanding statement balance is automatically debited on each monthly payment date.2
Qualification is based on business performance and may be reviewed over time.3
For the step-by-step walkthrough, see Set Up Cards. For what happens after you apply, see Applying for Capital (USA).
Cards and Capital are connected, but not identicalLink to this section
Cards is where you issue cards, set budgets, review activity, open statements, and manage card actions.
Capital explains capital mode, qualification, and availability.
Frequently asked questions
Can I access Performance Capital today?
US companies apply for capital mode when they set up Cards. Approval is required before issuing a card. Outside the US, enter your country during setup and select Notify me to be emailed when it is available.
Is repayment tied to when my customers pay me?
No. The current capital-mode card is pay in full. The outstanding statement balance is automatically debited on the monthly payment date. 2
Can I switch to debit mode later?
No. The mode is chosen once, when the card account is created. Contact team@flyweel.co if you need to change it.
Why does Flyweel use my advertising data?
Your current business performance can help assess qualification for initial credit and future increases. 3
Card disclosure 1
1 Flyweel partners with CapitalOS for Flyweel Capital Card. Cards are issued by First Internet Bank of Indiana, pursuant to a license from Visa Inc.
Card disclosure 2
2 Flyweel Capital Card is a pay in full charge card. Any outstanding statement balance will be automatically debited on each monthly payment due date from your designated bank account or Flyweel Balance. If your account cannot be successfully debited on the payment due date, your card may be locked and you won't be able to make new purchases until your balance has been repaid. Late fees may apply.
Card disclosure 3
3 Your business performance is used and periodically reviewed to assess qualification for initial credit and future credit increases. If eligible, you will have the option to accept any future increases.
Need help? Email team@flyweel.co.