. Resource Center | Pay Virtually Any Bill with Credit Cards - Earn Rewards - Free Up Cash Flow | Plastiq
Small businesses are the lifeblood of our economy, of our communities, of our lives, and we’re here to help you navigate the uncharted territory we’re all experiencing due to the spread of COVID-19. We are committed to providing helpful resources for small business leaders. We hope the information we continually provide will help you get ideas, share advice, and gather the support you can use during this most challenging of times.
Eliot Buchanan
Plastiq Co-Founder & CEO

The Next 90 Days:
Getting Money And
Managing Cash Flow.

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Helpful Articles & Information

Plastiq is a small business too, and we’ve found these articles and this information from reliable sources helpful. Please check back here, as we’ll be posting relevant articles as we discover them.

Plastiq Resources

It’s our mission to help small businesses optimize their cash flow — in times of growth, or when there’s a crisis. We’ve designed a smart and secure payment solution to help you preserve cash on hand to address new opportunities, or weather a storm.

With Plastiq, You Can:

  • Pay for virtually any business expense with a credit card, even where cards aren’t normally accepted, like your payroll, leases, taxes, supply-chain, and more
  • Extend the credit you’ve already earned
  • Leverage business relationships to get rewards and discounts
Visa logo

Plastiq is now a part of the U.S. Visa Small Business Hub. The Visa Small Business Hub provides help to small and medium businesses (SMB) by strengthening customer relationships with safe, digitally-enabled tools and services.

With Plastiq, SMBs can use their Visa card to pay virtually any business expense—even when a supplier doesn’t accept credit card payments. SMBs can now free up 30-45 days of cash flow by putting previously cash-only payments on their Visa. Plastiq’s seamless and secure payment platform gives companies the flexibility they need to continue growing their business. In addition, by paying bills through Plastiq, SMBs can earn rewards using their Visa. Read the press release.

SVB logo

Plastiq partnered with Silicon Valley Bank, the bank of the world’s most innovative companies and their investors, to offer foreign exchange (FX) credit card payment capabilities. Through this new partnership, businesses can use their credit card—even where credit cards are not accepted—to pay international suppliers in the suppliers’ local currency instead of in U.S. dollars. In addition to being a more streamlined, hassle-free payments experience, businesses can save thousands of dollars paying this way. SVB is releasing new currency options on a rolling basis and its broad global reach provides clients with the option to pay their suppliers in more than 90 international currencies.

In addition to the new FX payment solution, the partnership expands to SVB’s Commercial Card segment. SVB Commercial Card clients can now benefit from preferential Plastiq pricing when using Plastiq to pay their suppliers that do not accept credit cards in the U.S. or global markets. Read the press release.

Plastiq has teamed up with Opportunity Fund, a leading provider of life-changing loans to underserved small business owners.

Opportunity Fund encourages small business owners to use Plastiq to bridge the gap between current bill due dates and the disbursement of loan and stimulus funds. Visit their website for more information.

Additional Resources

In response to the pandemic, the U.S. government has promised to make it easier to get SBA loans. We encourage you to explore the options available to you:

  • Start here with the U.S. Chamber of Commerce: Coronavirus Small Business Guide
  • Get access to more working capital through our partner Behalf. Behalf pays your merchants on day 1, and allows you to pay over time, with no fee net terms and up to 180 days financing
  • When your credit card bill is due, use the interest-free period on your credit card to pay suppliers buying you 30+ days of extra breathing room around your expenses. You can use Plastiq if the suppliers don’t accept cards.
  • Use a Behalf purchasing line for access to more working capital when paying these suppliers
  • Explore invoice financing and lending options through sites like Fundera
  • Check out the Small Business Grants Program from Facebook for Business

Our Blog

We’re working hard to provide reliable information to help you stay a step ahead in this crisis. Please bookmark our blog, check back often, and share ideas that will be useful to other small business owners in our community.

    Community

    • The Independent Restaurant Coalition is working to save local restaurants affected by COVID-19 by advocating for important changes to the CARES Act. You can also support all local restaurants by co-signing this Letter to Congress.
    • Save Our Faves is a gift card purchasing service working to flatten the curve of lost income from COVID-19.
    • Open We Stand is providing SMBs with the tools, resources, inspiration, and community they need to pull through the COVID-19 crisis. Download the #openwestand tool kit to share their graphics on your website and social media.