Apply on one screen, connect your bank, pick an amount, sign once and watch the money land. Every step of Spring Funding, filmed on our demo account.
Last edited 5 min read
The question we hear most from founders is not about the amount. It is "what actually happens after I click Apply?" So we filmed it: six short clips, from the first screen to the money on your Funding page.
The business in the clips is Driftwood Coffee Roasters, the demo company we film with. Every number is made up, the agreement is a sandbox copy, and nothing in the clips moves real money. The screens are the ones you will see.
1. Apply: one screen, then your bank
The application opens on one screen: your business name, an email, a phone number and roughly what the business makes in a year. Press See my amount and you get a number straight away. It is an estimate from businesses like yours, not an offer.
The real amount comes from your bank. You connect it through Plaid, which gives Spring read-only access: we see the money coming in and going out, never your password. You can do it on the spot or later in the application. Either way, it is the step that turns an estimate into an offer.
2. Your offer
Your offer shows the most you are approved for, and you do not have to take all of it. Slide the amount down and the share of each day's receipts that goes to repayment drops with it. Driftwood tries $20,000, then goes back to the full $25,000.
Repayment follows your sales. Each business day, Spring takes a set share of the customer money that landed in your account. A slow day means a smaller payment, there is a weekly ceiling, and a day with no receipts means no payment at all. Beside the amount sits the one account those payments come from: the account your receipts already land in.
3. Accept
Before anything is signed, you read the offer summary: one page with the amount and how repayment works, in plain words. Tick that you have read it and Continue to agreement lights up. That click is the acceptance; the agreement opens on the next step.
4. Sign
The agreement opens inside Spring, so there is no email to wait for and no second site to log in to. One session covers three signature fields, listed above the document: the agreement itself, the debit authorization (Section 11) and the validity guaranty (Section 12).
You make your signature once, typed or drawn, and the session places it on each field as you reach it. The whole document scrolls beside the signing panel, so you can read every section before you sign it.
5. Authorize the daily debits
The first field the session takes you to is the debit authorization. It is what lets Spring collect each day's share from the account named on your offer, and only that account. Signing it is one click on the field, because your signature is already made.
Then the validity guaranty: the authorized signer's personal promise not to hide receipts or switch accounts to avoid the debits. It is not a promise that the business will succeed. If sales simply do not come in, you are not personally on the hook. Last comes the agreement's own signature, then Complete.
6. The money lands
Once you have signed, Spring sends the money to your account, usually the same business day, and the daily debits start the business day after it lands.
From then on, Funding is where you keep track of it. It charts every disbursal and every repayment, and the ledger underneath lists each transaction with its evidence and an export. Driftwood has been funded before, so its page holds a few months of history rather than one deposit.
What to have ready
- Your business bank login, for the account your sales land in. That connection sets your offer and is the account the daily debits read.
- The person who signs. The signer on the offer is the one who completes the signing session.
- Time to read. Most of the process is reading the summary and the agreement, and we would rather you did.
Frequently asked questions
How soon does the money arrive after I sign?
Usually the same business day. Spring sends the amount you chose to the account named on your offer, and the daily debits start the business day after it lands.
Do I have to take the full amount I'm offered?
No. The offer shows the most you are approved for, and you can slide down to a smaller amount before you accept. A smaller amount means a smaller share of each day's receipts goes to repayment.
What does the debit authorization let Spring do?
Collect each business day's share from the one account named on your offer, the account your receipts already land in. On a day with no receipts, nothing is collected.
Am I personally on the hook if the business struggles?
No. The validity guaranty is the signer's promise not to hide receipts or switch accounts to avoid the debits. If sales simply do not come in, you are not personally responsible for the shortfall.
Try it
Get started here to see your amount, or read more about Spring Funding first.
