Inova Payroll Funding By Credit Card

Inova Payroll Funding by Credit Card – Pay employees instantly, no delays.

Cash Flow? Covered! – Fund payroll without draining reserves.

Earn While You Pay – Get rewards on payroll expenses.

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Zil Money is a financial technology company, not a bank. Zil Money offers banking services through partnership with FDIC member banks Silicon Valley Bank and Texas National Bank.

  • Better Cash Flow!
  • Tax Breaks!
  • More Rewards!
  • Happy Employees!
  • Better Cash Flow!
  • Tax Breaks!
  • More Rewards!
  • Happy Employees!
Fueling SME Growth with Smarter Payments and Instant Credit.
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Using Credit Cards to Save Money on Business Expenses

Cash Back Rewards

Earn Cash Back: Credit cards like the Capital One Spark Card offer 2% unlimited cash back, while the American Express Plum Card offers 1.5% unlimited cash back.

Offset Fees: Using a credit card with cash back can partially offset the 2.95% process fee, reducing the effective cost.

Tax Benefits

Tax-Deductible Fees: The 2.95% process fee can be filed as a tax-deductible business expense, offering some financial relief.

Additional Tax Breaks: Depending on the jurisdiction and tax codes, you may be eligible for additional tax breaks for using credit cards for business expenses.

Cash Flow Management

Cash Float Period: Credit cards often provide a 30 to 45-day payment window, allowing businesses to manage their cash flow better.

Utilize Funds: During this period, the funds can be invested in short-term opportunities or other revenue-generating activities.

Floating Revenue from Bank

Float Revenue – Cash Incentive Earnings: The funds in your bank account for 30 to 45 days could earn Cash incentive or be invested in short-term revenue-generating activities.

Capital Utilization: The cash float period allows you to strategically utilize your capital for other pressing needs or investment opportunities.

Detailed Example: Capital One Spark Card

  1. Process Fee: 2.95%
  2. Cash Back: 2%
  3. Tax Break: 0.06%
  4. Final Fee: 0.35%
  5. Additional Benefit: 30-45 days of cash flow management and float revenue.
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Instant Payroll Funding

  • Use your credit card to cover payroll expenses instantly, even when your cash flow is tight.
  • Transfer funds from credit card to checking account via ACH, wire, or RTP and avoid missing payroll deadlines.

Learn To Fund Payroll By Credit Card See The Interactive Demo

No Need for Business Loans

  • Eliminate the hassle of applying for short-term loans or high-interest business advances.
  • Use your existing credit card to bridge payroll gaps without additional debt burdens.
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Why Zil Money!

A technology-first approach to payments and finance

Easy to Access

High Security

Easy Payment

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Earn Credit Card Rewards

  • Take advantage of cashback, points, or miles when using your credit card for payroll payments.
  • Maximize benefits without extra costs.
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Flexibility for All Businesses

  • Ideal for startups, small enterprises, and growing businesses needing a quick payroll funding solution.
  • Works for salaried employees, freelancers, and contract workers.
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FREQUENTLY ASKED QUESTIONS

Frequently Asked Questions(FAQ)

What payroll service allows you to pay with a credit card?

Zil Money is a payment platform that allows small businesses to pay payroll with a credit card. You can sync your payroll software with the platform and transfer funds from credit card to your business checking account.

How to pay bills with credit card?

Pay bills with credit card through Zil Money and earn cashback rewards. The platform allows users to make bill payments directly from a credit card and choose how the payee receives it - via ACH, wire, or check mail.

How to receive credit card payments?

Businesses can receive credit card payments by sending payment links to clients through Zil Money. They will have the option to pay from credit card and the funds will be deposited into your Zil Money wallet.

Charge Card vs Credit Card

A charge card lets you make purchases and earn rewards like a credit card, but it requires full payment each month and has no preset spending limit, unlike a credit card, which has a set limit and allows balances to carry over with monthly payments. Zil Money allows businesses to fund payroll by credit card and earn rewards.
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Price: $49.99/Year

Every Customer Review is a Story of Trust

During a cash shortage while waiting for clients to pay me, Zil Money let me put my payroll on my credit card. It provided a bridge so my business did not suffer. It was super easy to set up and use.

Greg Forrest

Owner of Spherion Staffing & Recruiting

Best partner of your life! Zil Money is my new bestfriend!

Sharmaine Buen Maloloy-on

Sales Account Manager at Bigleap Technologies Inc

Looking for better options for your business? Zil Money accompanies you.

Sergio Alvarado Garcia

Community Manager at Rebeca Nails Art

I enjoy using Zil Money for 3 key reasons. Record keeping, as it keeps a database of the checks each unique user has loaded. Being able to navigate and cut checks from different bank accounts. Pulling up the 1099s at the end of the year for vendors and ensuring all of the checks we cut to them can be easily accessed and a number is given.

Alonso Noriega

Accounting Manager at LT Property Management LLC

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