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. 

Over time, Avvance will be available to customers through a variety of invoicing and point of sale platforms. Today, Avvance is offered to customers through Converge. Soon, it will be available through other payment platforms, as well as via custom e-commerce integrations.

Avvance is currently being offered to businesses that have an existing processing relationship with Elavon. If you are interested in offering Avvance to your customers or would like more information, get started by filling out this form.

There are no reoccurring fees and no cost to enroll. A MDR fee (Merchant Discount Rate) is applied to each Avvance loan that is processed and will be displayed on your regular monthly statement. 

More detailed pricing available for review in our enrollment page. You can review pricing prior to signing up.

After completing the short online enrollment form, you will have access to the Avvance Merchant Portal, and will be able to initiate an Avvance transaction through Converge Invoicing and Converge Virtual Terminal. 

Yes, the Avvance Merchant Portal contains a marketing library that contains pre-approved marketing materials. This includes flyers, videos, as well as banners and ad tiles that can be used on your website or in your e-mails.

Businesses can view performance metrics, and access marketing and training materials via the Avvance Dashboard. Log-in to Payments Insider or Converge, and navigate to MyAvvance in the main menu to start tracking your results.

Customers with questions about an individual Avvance installment loan, please visit usbank.com/avvance-installment-loans for more information.