Premium finance

Premium finance is offered by Patch Premium Finance, Inc., a Florida corporation (FL Doc # P23000043756), licensed as a premium finance company in Texas (License #3456911), Illinois (License #3004132904), North Carolina (License #525347305), Florida (Application ID 962207), South Carolina (License #3004210783), and Oklahoma (License # [OKLAHOMA LICENCE NUMBER NEEDED]). In California, premium finance is offered by Patch Premium Finance of CA, Inc. (CA File #2766) pursuant to a Certificate of Authority issued by the California Department of Insurance.

Premium finance is currently available in Texas, California, Florida, Illinois, North Carolina, South Carolina, and Oklahoma. Specific rates, fees, and terms are disclosed in the premium finance agreement provided at enrollment.

Invoice factoring

Factoring agreements are commercial products, are subject to underwriting, and are governed by the factoring agreement provided at enrollment. Factoring is not consumer credit.

Earned wage access

Earned wage access is offered in cooperation with Immediate, the underlying provider of the program. Specific fees, advance limits, and state-specific terms are disclosed in the Earned Wage Access User Agreement provided at enrollment. California residents: earned wage access services available to California residents are registered with the California Department of Financial Protection and Innovation (DFPI).

Workplace loans

Patch Systems (BeneMoney) loans are originated by Sunrise Banks, N.A., Member FDIC, and are not available in all states. Loan terms, rates, and eligibility are disclosed in the loan agreement provided at application.

Patch Card

The Patch Mastercard® Prepaid Payroll Card, powered by Dash Solutions, is issued by Pathward®, National Association, Member FDIC, pursuant to a license by Mastercard International Incorporated. The card may be used everywhere Debit Mastercard is accepted. Mastercard and the circles design are registered trademarks of Mastercard International Incorporated.

Virtual Healthcare

Virtual Healthcare is presented by Legacy Healthcare Solutions. It is a healthcare membership, not health insurance. It provides access to virtual care, discounts, and support services, and does not replace a health insurance policy. Membership terms, covered services, and any fees are disclosed at enrollment.

About Patch Systems

Patch Systems, Inc. partners with licensed lenders and financial institutions to deliver each product. Patch Systems is not a bank. The pay and care products cost the business nothing to make available. Rates, terms, fees, and availability for each product vary by state, partner, and applicant qualifications.

For questions about a specific product, contact us at hello@trypatch.com or (214) 888-6847.