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 offer.
How to repay a HoneyBook Capital loan
HoneyBook Capital uses a percentage-based repayment model. A fixed percentage of each client payment you receive through HoneyBook is automatically applied toward your loan balance. This amount is similar to how credit card processing fees are deducted and continues until your loan and fixed fee are fully repaid.
Because repayment is tied to your sales activity, the amount you repay accelerates when business is strong and slows during slower periods. This ensures flexibility while maintaining a consistent repayment structure.
Key repayment details
Repayment begins 3 days after signing your loan agreement
Manual payments can be made after this 3-day period, with no extra charges
You can track repayment progress in your HoneyBook Capital dashboard if you select Finance > Capital from the navigation menu on the HoneyBook desktop site, 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 over any 60-day rolling period
For 4-month loans: At least ⅙ must be paid over each 30-day rolling period
If your loan isn’t repaid within the 18-month term, the remaining balance will be collected automatically via 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. Even 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 offer until your early repayment has fully cleared.
You have 2 ways to make additional or full payments:
Manual payments through the HoneyBook Capital dashboard | ACH or wire transfer |
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Eligibility for another loan after repayment
Once your current HoneyBook Capital loan is paid in full, your account is automatically reassessed for a new offer. There’s no need to contact support—if you’re eligible, your new loan offer will appear in your HoneyBook Capital dashboard.
While most eligible businesses do receive renewal offers, new 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 offer may only appear after any outstanding payments have cleared, including manual or ACH 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—not 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!