I have multiple locations, can they all use humm?
Absolutely. We work with many franchise and multi-location businesses.
When and how does the business receive their payment?
We will deposit the funds into your account, minus the Merchant Discount Rate (MDR), next business day.
Are there any restrictions on what I can sell with humm?
We are unable to provide financing for funeral services, gambling, firearms, alcohol, cigarettes/vape, pornography, motorsports and vehicle purchases.
Is there a monthly fee for retailers?
There is no fixed monthly or annual fee for you to offer humm as a payment option to your customers. The only fee charged to the business is the MDR (Merchant Discount Rate) which is charged as a set percentage of each purchase, meaning you only pay when a customer uses humm.
How much does humm cost?
“Our platform operates by charging the business a set percentage of each purchase, called an MDR (Merchant Discount Rate). We deposit funds from the purchase minus the MDR into the business’s bank account on the next business day. Then we collect payments from the customer, taking on all the associated risk. This means you never […]
Is humm available across Canada, in all provinces?
We currently offer purchase financing to Canadians based in all provinces except for Quebec.
How do I get started with humm?
Learn more about how humm works with Canadian businesses, then complete this form and we will get back to you within two business days.
What is humm for business?
Humm Canada is a third-party financing program, partnering with businesses to offer flexible payment plans up to $30,000 with a low-fixed interest rate to their customers. Our financing program is simple and can be offered alongside traditional payment methods such as credit cards, debit or cash. We help our partners attract new clientele, improve cashflow […]