Overview

Slash Capital is a line of credit financing instrument offered through the Slash dashboard. Slash Capital is offered in partnership with Slope, a financial services provider. Slash Capital is a revolving line of credit that gives your business access to funds for operational expenses and growth initiatives; funds are directly deposited into your Slash account for immediate use after initiating a drawdown.

After completing a streamlined application process through Slope, approved businesses receive a credit limit based on their financial profile. You can draw down funds as needed (up to your approved limit), which are automatically transferred to your primary Slash account. You'll repay the borrowed amount plus applicable fees according to the terms set by Slope and Lead Bank.

Here are some key terms you'll need to be familiar with throughout this guide:

Drawdown: The act of withdrawing funds from your approved credit line
Credit limit: The maximum amount you can borrow at any given time
Outstanding balance: The total amount you currently owe from previous drawdowns
Soft credit pull: A credit inquiry that doesn't impact personal credit scores, used during the initial application review

How to Apply for Slash Capital

Step 1: Open Your Capital Account

Navigate to the Capital page in your Slash dashboard sidebar and click the 'Open capital account' button. This initiates the application process and redirects you to Slope's secure platform.

Step 2: Create Your Slope Account

You'll be redirected to Slope's website (slopepay.com) where you need to register for a new account. Provide your business email address, create a password, and verify your account through the confirmation process.

Step 3: Complete the Business Questionnaire

Fill out Slope's application form with comprehensive information about your business:

Legal entity information: Business name, legal structure (LLC, Corporation, etc.), EIN, formation date, and registered address
Business owners and leaders information: Names, ownership percentages, contact details, and personal information for key decision-makers
Bank account connections: Link your business bank accounts, including your Slash account, to provide financial history and transaction data

Important note: Slope will perform a "soft" credit pull on one business owner or leader's personal credit during this process. This inquiry does not affect personal credit scores and is used solely for underwriting purposes.

Step 4: Await Application Decision

After submitting your profile, Slope will review your application and assess your creditworthiness. You'll receive an email notification confirming the status of your lending application, including whether you've been approved and your credit limit if applicable.

Step 5: Access Your Credit Details

If approved, view your credit limit and loan terms by:

Logging into your Slope account directly at pay.slopepay.com, or
Connecting your Slope account to the Slash Capital page (see next section for linking instructions)

For detailed guidance: Visit Slope's FAQ page for more information on eligibility requirements, required documentation, and step-by-step application instructions.

How to Connect Your Slope Account to Slash

Step 1: Initiate the Connection

Once approved for a line of credit, return to the Capital page in your Slash dashboard and click 'Link with Slope'. This integration allows you to manage your credit directly from Slash without switching platforms.

Step 2: Authenticate Your Slope Account

A pop-up window will appear requesting your Slope account credentials (email and password). Enter this information to establish the secure connection between platforms.

Step 3: Verify Connection Success

After authentication, your Capital page will display your available credit balance and show any active drawdowns. This real-time integration keeps your credit information synchronized across both platforms.

How to Initiate a Drawdown

Step 1: Start the Drawdown Process

On the Capital page in Slash, click the 'Initiate drawdown' button. This opens a side panel where you'll specify the amount you wish to borrow from your available credit line.

Step 2: Configure Your Drawdown

In the drawdown interface, you'll see:

Account to fund: Your primary Slash account (funds can only be credited to your primary account)
Drawdown amount: Enter the amount you need (must be between $0.00 and your maximum available credit)
Expected credit changes: Review the breakdown showing:
Current outstanding balance
New drawdown amount
Remaining available credit after this drawdown

Use the slider or manual input to select your desired amount, with a 'Max' button available to draw your full available credit.

Drawdown date: When each loan was initiated
Due date: Payment deadline for each drawdown
Fees: The APR applied to each drawdown, expressed as a percentage
Total fees: The fees applied each drawdown, expressed in USD
Amount: The total amount of principal received from the drawdown

Step 3: Track Payment Obligations

Monitor your upcoming payment deadlines and total outstanding balance to ensure timely repayment. Late payments may incur additional fees or impact your future credit availability.

Step 4: Pay Your Outstanding Balance Before the Due Date

If your payment deadline is coming up for a drawdown, click 'Pay' on the

How to Use Slash Capital