Isolved Payroll Funding By Credit Card
Isolved Payroll Funding by Credit Card – Cover payroll during cash shortages and avoid missed paydays.
Earn Rewards – Get cashback, points, and possible tax benefits.
Flexible Payments – Instead of relying on available cash, businesses can use credit cards to fund payroll.
- Better Cash Flow!
- Tax Breaks!
- More Rewards!
- Happy Employees!
- Better Cash Flow!
- Tax Breaks!
- More Rewards!
- Happy Employees!
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transaction volume
checks processed
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:Â The cash float period allows you to strategically utilize your capital for other pressing needs or investment opportunities.
Detailed Example: Capital One Spark Card
- Process Fee: 2.95%
- Cash Back: 2%
- Tax Break: 0.06%
- Final Fee: 0.35%
- Additional Benefit: 30-45 days of cash flow management and float revenue.
Credit Card Payroll Funding – Pay Now, Earn Rewards
Fund payroll using a credit card and keep your business running without cash flow interruptions. Pay employees on time while earning cashback and maximizing your financial flexibility.
Learn To Fund Payroll By Credit Card See The Interactive Demo
Split Payroll Payments & Maximize Your Credit
Zil Money empowers businesses to split payroll payments between two credit cards, ensuring smooth cash flow and on-time payroll. Maximize available credit, avoid card limits, and keep your credit score strong.
Why Zil Money!
A technology-first approach to payments and finance
Easy to Access
High Security
Easy Payment
Sync, Import, and Pay with Ease
Easily import your payroll summary from accounting software and process payments in minutes with Zil Money. Save time, reduce errors, and ensure employees get paid on time—effortlessly.
Pay Rent & Bills with Your Credit Card
Zil Money lets you pay rent and bills with your credit card, even if the recipient doesn’t accept cards. Payments are sent via ACH, wire transfer, or check mail for hassle-free transactions.
FREQUENTLY ASKED QUESTIONS
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