Cloudfloat Pro members get a funding limit that is set when they join, rather than a dynamic limit that builds over time. This article explains how your limit is determined and how to ask for more.
Your starting limit
Business structure | Pro funding limit |
Sole traders and partnerships run by individuals (including family partnerships) | $5,000 |
Companies, trusts with a company trustee, and other entities | $10,000 |
For comparison, Standard limits are dynamic, up to $4,000 for sole traders and family partnerships and up to $7,000 for companies and company trustees.
Requesting a higher limit
Pro members can apply for a higher funding limit, up to $500,000. Higher limits are assessed in the same way as a standard Approved Funding Limit, so we may ask for supporting information such as financial records or security documents, depending on the amount. Your limit will reflect your business profile and trust score.
To get started, see How to boost your Funding Limit or contact [email protected].
If your membership ends
Your Pro limit applies while your membership is active. If your membership ends, you move to Standard terms and the Standard funding limit applies. See Renewing, cancelling and refunds for Cloudfloat Pro.