Affordable: Low-to-no interest rate financing options available
Buy Now, Pay Later with Avvance
Life's purchases come at you fast. U.S. Bank AvvanceTM is a new flexible financing option that makes those purchases possible.
We offer quick, seamless installment loan options at checkout - matched to each customer's financial needs.
With Avvance, your customers can get pre-approved for financing before they shop, giving them confidence to say ‘yes’.
What is Avvance?
Avvance is a point of sale lending solution that allows consumers to finance purchases quickly and easily, all embedded in a seamless payment process.
Enrolled merchants can enable their customers to apply for pre-approval and pay, all through online applications that provides customers with real-time credit decisions.
FOR BUSINESSES
A new way to grow your business, hassle-free
Avvance gives your customers more ways to pay for their purchases.
They choose the rates and terms that work best for them, and you receive your payment within 48 hours of the transaction. We manage the payments, so you can concentrate on what’s important – growing your business.
With leads generated through pre-approval process, you can focus your time on higher quality leads to generate more sales.
Get paid in full, upfront
Receive your funds in full, within 48 hours, on every transaction.
Win more sales, more often
Give your customers the confidence to buy now.
Increase transaction sizes
Financing makes important purchases affordable.
Stand apart from the competition
You choose which financing options you want to offer.
Attract more customers with 0% financing for shorter periods or help customers spread payments over a longer term with a competitive rate. You decide.
Avvance consumer installment loans are —
ABOUT US
A new solution from a trusted partner
Avvance is backed by the strength and stability of Elavon and U.S Bank - a subsidiary of U.S Bancorp, the fifth-largest commercial bank in the United States headquartered in Minneapolis.
We match customers to installment loans provided by U.S. Bank - each to individual financial needs.
Want to give your business a boost?
Avvance is currently offered through participating merchants. But like you, we're always looking to grow! Share a few details with our team to get started, and gain access to exclusive point of sale lending content.
FREQUENTLY ASKED QUESTIONS
Answers to our most common questions
Avvance is a new point of sale lending solution that allows customers to finance their purchases quickly and easily. We offer seamless installment loan options at checkout - matched to individual financial needs.
Businesses can seamlessly manage the payments, so they can concentrate on what's important – growing their business.
Avvance is a payment method that seamlessly embeds into a business's payment process, providing their customers flexible options at the point of sale.
After enrolling in Avvance, a business simply sends their customer an invoice. The customer will receive a link to a quick application process that provides them with a real-time credit decision.
Once the application is approved and the customer selects a loan option, the sale is completed and the business is paid the full transaction amount within the next 48 hours.
The benefits of businesses using Avvance is that they get paid in full, upfront.
We pay businesses the full transaction amount within 48 hours and collect monthly payments directly from customers. We give customers buying power to make more purchases for new and repeat business.
The business pays a fee for each customer loan. There are no subscription fees. We don't charge monthly fees and enrolling is free.
Avvance empowers customers to pay in a way that compliments their individual financial position, giving them the flexibility to say “yes” to life’s purchases.
Avvance installment loans offer customers simple, flexible and transparent payment options from a trusted partner - U.S. Bank. Consumer installment loan financing terms via U.S. Bank range from 0% - 24.99% APR (Annual Percentage Rate) with repayment plans from 3 - 60 months for transactions between $300 - $25,000.
The application is quick and easy, with real-time approvals, all from the customer's personal device.