Repaying your HoneyBook Capital loan is designed to be automatic, flexible, and aligned with your cash flow. With no interest charges or early repayment penalties, the system allows you to stay focused on growing your business without financial guesswork. For more details or to manage your loan, visit the HoneyBook Capital dashboard.
Here's what to expect during and after repayment, including how to pay off your loan early and when you might become eligible for a new pre-selected offer.
Repaying a HoneyBook Capital loan
Repayment happens automatically. A fixed percentage of each client payment you receive through HoneyBook is applied towards your loan balance. This continues until your full loan amount and fixed fee are repaid.
Since repayment is based on your incoming payments, you’ll repay more during busy periods and less when things slow down—giving you flexibility as your business ebbs and flows.
Key repayment details
Repayment begins only after loan proceeds hit your account. Typically this occurs within a few business days.
Manual payments can be made after this 3-day period, with no extra charges
You can track repayment progress in your HoneyBook Capital dashboard on the HoneyBook desktop site or mobile app, including amounts paid, amounts remaining, and individual transactions
Minimum payment thresholds apply:
For 18-month loans: At least 1/18 of the total loan must be paid during each period
For 4-month loans: At least ¼ of the total loan must be paid during each period
If your loan isn’t repaid within the maximum term, the remaining balance will be collected automatically through ACH.
Options to pay off loan early
You can pay off your HoneyBook Capital loan early at no additional cost. There are no early repayment penalties, and the total amount owed remains unchanged regardless of your repayment timeline. If you pay early, your fixed fee doesn’t change, and you won’t incur savings or penalties.
📣 Note
You won’t receive a renewal pre-selected offer until your final payment has fully cleared.
You have 2 ways to make additional or full payments:
ACH payments through the HoneyBook Capital dashboard | Wire transfer |
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Eligibility for another loan after repayment
Once your current HoneyBook Capital loan is paid in full, we’ll no longer deduct fees from new incoming client payments. After your last payment clears, a new pre-selected offer will appear in your HoneyBook Capital dashboard within one day, if you’re eligible.
While most eligible businesses do receive renewal pre-selected offers, new pre-selected offers aren’t guaranteed. Eligibility is reviewed regularly and based on up-to-date sales history, payment volume, and overall account activity.
📣 Note
A renewal pre-selected offer will only appear after any outstanding payments have cleared, including ACH or wire payments.
Refunds and their impact on loan repayment
If you refund a client payment that contributed to your loan repayment, the entire refund amount is returned to the client, including the portion that went toward your loan. The repayment amount will be deducted from your HoneyBook account using your chosen refund method.
For example:
A $200 payment with a 10% repayment rate means $20 was applied to your loan
If you refund the full $200, the $20 is still part of that refund and isn’t reimbursed to you
Still have questions? Feel free to send us a message by clicking the Question Mark icon on any HoneyBook page. Our team is always happy to help!