What business types do financing providers support and prohibit?
Financing (Splitit, Klarna, Sezzle, AfterPay, and Zip Pay) work best for digital creators and businesses with low dispute rates and processing history. However, there are a number of business types that our financing partners cannot support.
If your product or service falls under a restricted category, you won’t be eligible to use financing — even if you’re on Whop.
Adult entertainment or materials
Bail Bonds
Banks, Credit Unions, Mortgage lenders
Blood & Organ banks
Brokerage
Call centers & answering services
Collection agencies & debt buyers
Contracted Management services
Counterfeit goods
Credit repair or restoration, Reputation or Debt relief, Credit insurance, Credit card and identify theft protection
Dating or Matchmaking services
Debt Counseling services
Debt and Tax reduction services
Discount travel clubs / subscriptions
Drug paraphernalia and Dispensaries
Energy Generation & distribution
Escort services
Factoring & Purchase order Financing
Farming
Financed payments via credit card
Financial Transaction processing
Firearms - Guns & ammunition sales or manufacturing
Flea markets
Fortune tellers, horoscope, or astrologists
Future service liability greater than one year
Gambling, Gaming, Raffles, or Lotteries
Government, Non-profits, or Charitable organizations
Investment opportunities and advice
Liquidation companies
Logistics and freight forwarding
Magazine subscriptions
Manufactured or Mobile home dealers
Massage services
Medical marijuana from all types
Mining
Money services businesses
Negative response marketing techniques by any type of merchant
Non-Bank Finance Companies
Non-truck-based freight transportation
Nutraceuticals, pseudo-pharmaceuticals and other products that make health claims that have not been approved or verified by the applicable local and/or national regulatory body, or make specific claims about weight loss or improved sexual performance
Online auctions
Pay per click and parked websites
Payroll companies
Political fundraising, Political Action Committees, or Political Campaigns (all types)
Pornography
Precious metal sales
Products or services with unreasonable guarantees or claims
Property managers
Real Estate brokers, agencies, consultants, or lessors
Religious Organization
Search engine optimization (SEO)
Securities & commodities dealers or brokers
Social networking sites
Sports & performing arts groups or venues
Sports forecasting
Telecom merchants and transactions (pre-paid cards, rechargeable phone cards, or recurring phone services)
Telemarketing companies with the following operations: free gift or prize with purchase of a product, chain letters, sale of any prohibited product or service, hodgepodge product mix, solicitation with outbound phone calls via fax blasting, email spamming, etc.
Timeshares, resellers, or fractional ownership
Title companies or Escrow agents
Video rental
Weight loss (none face to face)
If you're unsure whether your business qualifies, feel free to reach out to our team and we’ll take a look with you.