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What is U.S. Bank Avvance®?

U.S. Bank Avvance® is a real-time point-of-sale financing solution designed for patients and customers seeking high-value services. Customers can finance purchases between $300-$25,000. It’s the smart way to grow your bottom line. With U.S. Bank Avvance®, you can:

  • Increase conversion rates: Let customers get pre-approval with no impact to their credit score until purchase.
  • Boost purchase sizes: Financing enables bigger ticket purchases they might otherwise delay.
  • Receive immediate payouts: Full payment within 48 hours of transaction approval.

How it works

U.S. Bank Avvance® can boost revenue and patient/customer satisfaction. Here’s how:

  1. Qualify new customers with pre-approval
  2. Only 1-2 minutes for customers to get approved from their mobile phone
  3. Immediate payout within 48 hours

Ready to grow your sales?

  • Patient care: Keep your patients at their best with treatment now, payment later.
  • Home improvement: Design now, pay later.
  • Specialty services: Start projects now. Pay over time.

Let's talk about how we can help you convert more leads and close more deals.

Get started

Level up to the competition

A new way to grow your business, hassle-free

Get paid in full, upfront

Receive your funds in full, within 48 hours, on every transaction.

Increase transaction sizes

Financing makes important purchases possible.

Win more sales, more often

Give your customers the confidence to buy now.

Stand apart from the competition

Attract more customers with 0% financing for shorter periods or help customers spread payments over a longer term with a competitive rate. You decide.

Customers expect convenience

62%

of consumers favor fixed monthly payment plans

1 in 5

consider Buy Now, Pay Later financing for purchases $1,000 and higher

76%

expect a seamless point-of-sale experience

White paper

The Business of Buy Now, Pay Later and Point-of-Sale Lending 

Access the white paper

Frequently asked questions

Businesses can view performance metrics, and access marketing and training materials via the U.S. Bank 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 U.S. Bank Avvance® installment loan, please visit  usbank.com/avvance-installment-loans  for more information. 

U.S. Bank 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 U.S. Bank 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 U.S. Bank 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.

U.S. Bank 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.

U.S. Bank 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 to $25,000.1

The application is quick and easy, with real-time approvals, all from the customer's personal device

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

U.S. Bank Avvance® is available to businesses that have an existing processing relationship or are approved to offer U.S. Bank Avvance® through a new processing relationship. If you are interested in offering U.S. Bank 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. An MDR fee (Merchant Discount Rate) is applied to each U.S. Bank 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 U.S. Bank Avvance® Merchant Portal, and will be able to initiate an U.S. Bank Avvance® transaction through Converge Invoicing and Converge Virtual Terminal.

Yes, the U.S. Bank 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.

Ready to get started?

Find a branch
Make an appointment
Request a call
Call 833-204-0055
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Disclosures

  1. The creditor and issuer of U.S. Bank Avvance® installment loans is U.S. Bank National Association.

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Services may be subject to credit approval. Eligibility requirements, restrictions and fees may apply. See a business banker for details.

Using these programs requires a merchant processing account. See a business banker for details.

Credit products offered by U.S. Bank National Association and are subject to normal credit approval and program guidelines. Some restrictions and fees may apply.

U.S. Bank Avvance® is a registered trademark of U.S. Bank National Association.