Autobooks Capital
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      Repay Capital Advances early and receive a discount

      You may repay an advance earlier than your final payment date to receive a discount on fees and free up more of your Capital Advance line.

      When you take an advance from your Autobooks Capital line, you’ll repay it over several weeks. The good news? Once it’s fully repaid, your available Capital line increases—giving you more to draw from next time.

      Want to unlock more funds sooner? You can pay off your advance early! Not only will that free up your Capital line faster, but you’ll also get a discount on the advance fee. 

      You may repay one of two ways:

      1. ACH/Debit from your account - this option allows you to schedule your next advance payment we debit from your account to be the full repayment amount.
      2. Credit or Debit card - this option allows you to use a credit or debit card to repay your advance draw. The repayment will be processed on the date you set up your repayment, with no delay.

      Note: Your available Capital Advance dollar amount will update within two business days of receiving your repayment.

      How to repay an advance with ACH debit

      To schedule your next repayment debit to pay your advance in full:

      1. Click Repay Early via ACH next to the advance you wish to repay.
      2. You will see the discount percent you will receive if you repay the advance early via ACH.
      3. To proceed with your repayment in full, click Repay Early.

      Your early repayment will be noted in your dashboard that the final payment will be debited. If you need to modify this repayment for any reason, contact Autobooks Support.

      Capital_ApprovedwDrawsDash

      How to repay an advance with a credit or debit card

      To pay your advance in full immediately:

      1. Click Repay early via card in the upper right side of the Capital Dashboard.
      2. Check the box next to all advances you wish to repay earlier with a card payment. Click Continue to Summary.
      3. Select either the Credit card or Debit card option from the dropdown. Click Continue to Payment.
      4. Enter your card details. Check the acknowledgement box, then click Confirm Payment to process your repayment.

      Your early repayment will be noted in your dashboard. If you need to modify this repayment for any reason, contact Autobooks Support.