A rolling reserve is where a portion of your transaction volume is held from you for a fixed period of time on a rolling-basis. This restricts the cash flow and margins available for you to maintain and scale your business. We feel that this is an extremely unfair practice, so we created a solution to help.
Example: Stripe is holding 15% of your transaction volume for 90-days. Let's say you make a sale for $100 on Day 1 of the reserve. Of that sale, $15 is locked in a reserve account for 90 days before being released back to you, which means it will release on day 91. Let's say you make another $100 sale on Day 2. The $15 from that sale will not be available to you until Day 92. This continues on for the entire 90-day duration. The 15% withheld on Day 65 of the reserve will not be available until Day 155, and so on and so forth. With Continuous, you'll have access to this reserved capital in one day instead of 90-days!
If you've ever provided a service or sold anything online, you may be familiar with the notorious payout holds and reserves used by payments platforms or marketplaces. Whether you're a first-time seller or a seasoned veteran, having this capital withheld from you is a burden. With Conqr, you can scale in peace knowing we've got you covered.
Example: You own an eCommerce brand in a niche audience and discovered fantastic product-market fit. You reinvested all of your profits and started building a community of loyal customers. Maybe you took out a loan, cash advance, or line-of-credit to help fund your growth. Things are going great! Then, all of a sudden, PayPal froze your funds. With no explanation, you suddenly don't have enough capital to pay for advertising, inventory, or payroll. Your heart sinks, you feel betrayed and grow fearful that all of your hard work is about to shatter right before your very eyes. With Continuous, we'll unlock this frozen capital and any other capital withheld from you on an ongoing basis so you never have to worry about this again!