Overview
With Juni Capital, you get access to flexible credit solutions that help you finance your business operations and improve your cash flow. This guide explains how to use both Juni's credit card and Invoice Credit to get the most out of your finances.
How to use Juni Capital
Juni Capital consists of two different products: credit cards and Invoice Credit. You get an available credit limit for your chosen account, and you can also assign the credit between different currencies. Note that you cannot assign the limit between credit cards and invoices, but you get one limit for cards and one limit for invoices.
How Juni's credit card works
Choose a Juni account: Once your application is approved, you will be assigned a limit for your Juni credit card. This limit must be assigned to a specific currency and account
Navigate to Money and then Credit
Select account and currency: Choose the currency you want to use your credit in and which Juni account you want to link your available limit to. You can change which currencies you want to allocate your limit to at any time
Create a credit card: You'll need to create a new virtual card for your Juni account
How Juni's Invoice Credit works
Choose a Juni account: Once your application for Invoice Credit is approved, you will be assigned a limit. This limit must be assigned to a specific currency and an account
Navigate to Money and then Credit
Select account and currency: Choose the currency you want to use your credit in and the account you want to link your available limit to. You can change which currencies you want to allocate your limit to at any time
Upload an invoice: You can upload invoices directly to the Juni platform to get them approved and financed
Good to know
Currency Exchange: When you move Juni Capital between different currencies (for example, EUR, GBP, USD, SEK, and NOK), Juni's standard conversion rate is used
Fee for Invoice Credit: The fee for Invoice Credit varies between 1% and 3% per month. This fee is calculated based on the invoice amount, the assigned fee, and the number of months for repayment
Repayment: For credit cards, you receive a statement at the end of your "spending window" (always 30 days), and this must be paid back within your determined repayment period
Frequently Asked Questions
How do I make a repayment for my credit card?
How do I make a repayment for my credit card?
At the end of your "spending window," a statement is generated that must then be paid back within the specified repayment period.
What is a "spending window"?
What is a "spending window"?
A "spending window" is the period (always 30 days) during which you can use your credit from Juni.