What is Instant Deposit?

When you repay your credit card balance from an external bank account, it can take up to 4 business days for the payment to post and for you to have access to your credit limit. At Loop, we recognize every day matters in your business. So, we are making a portion of your credit repayment available for spending instantly.

How much Instant Deposit credit do I get?

Instant Deposit limits depend on a number of factors, including which Loop plan you are on, and your prior activity with Loop. While each account will have a different limit, the maximum is about $25,000.