Simple pricing
Start offering financing to your customers today.
Pay as you go
Everything you need to start offering financing.
2%
per contract
Get started
No credit card required
What you get:
- Allow customers to spread contract values over multiple instalments
- Finance deals between £1,000 and £500,000
- Choose monthly or quarterly payment terms
- Unlimited usage
- Up to 10 team members
- No hidden fees, no setup fees
Enterprise
Tailored pricing for larger teams.
Custom pricing
What you get:
- Everything in 'Pay as you Go', plus:
- Finance deals up to £8million
- Unlimited team members
- Dedicated customer account manager
Frequently asked questions
Your questions answered.
Benefits
- What does Lemon do?
- Lemon is a financing platform that helps SaaS providers close more annual and multi-year deals by offering customers the flexibility of monthly payments. SaaS companies receive the full contract value upfront from the lender, while customers benefit from easier, regular instalments.
- How does Lemon help SaaS companies close more deals?
- Lemon removes affordability barriers for buyers by allowing them to spread payments over time. This enables SaaS providers to close more deals at their annual pricing, without discounting or losing deals to cashflow constraints.
- How does Lemon help increase our SaaS renewal rates?
- By offering flexible monthly payment options, Lemon removes the barrier of large upfront payments, making it easier for customers to commit to renewing their annual subscriptions. This approach helps boost your renewal rates and customer satisfaction.
- How does Lemon benefit our customers?
- Lemon provides your customers with the financial flexibility to manage their budgets more effectively. By offering monthly payments for annual or multi-year subscriptions, customers can enjoy your services without the strain of a large upfront payment.
- Can Lemon help with upselling to higher subscription tiers?
- Yes, Lemon's financing options make it more affordable for customers to upgrade to higher-tier plans by spreading the cost over monthly instalments. This flexibility can be a powerful tool in your upselling strategy.
How Lemon Works
- How does Lemon work?
- Lemon simplifies the financing process into three steps: 1) A SaaS provider creates a proposal in the Lemon dashboard with the buyer’s details. 2) Lemon runs initial soft checks before passing the buyer’s application to a lending partner. 3) If approved, the lender funds the deal, paying the SaaS provider upfront while the buyer makes monthly repayments to the lender.
- Who provides the financing?
- We partner with financial institutions such as Shawbrook Bank and Siemens Financial Services in the UK to provide financing to buyers. The lender provides the funds and assumes the risk, while Lemon facilitates the financing process and manages the relationship with buyers and vendors.
- Who does the buyer sign an agreement with?
- The buyer signs a financing agreement directly with the lender. Lemon facilitates the process but does not provide the loan itself. The lender handles the repayment collection, but the buyer can manage their financing through the Lemon dashboard.
- How quickly can we get paid after a customer is approved?
- Once a buyer’s application is approved, the lender typically pays out the full contract value within 48 hours.
- What happens if a buyer is rejected?
- If a buyer is rejected by one lender, we will attempt to match them with another lending partner. If no suitable lender is available, the buyer will need to explore alternative payment options.
- Who collects payments from the buyer?
- The lender is responsible for collecting payments from the buyer. Lemon facilitates the financing but does not handle repayments directly.
- What role does Lemon play after financing is approved?
- Lemon remains the primary point of contact for buyers throughout the financing period. Buyers can log into the Lemon dashboard to view and manage their financing deals, receive updates, and upload any required information. While most communication is handled through Lemon, lenders may occasionally contact buyers directly.
Eligibility & Use Cases
- What types of SaaS products are eligible for Lemon financing?
- Lemon is designed to support a wide range of SaaS solutions and is ideal for SaaS products that are sold with annual or multi-year contracts. We can also finance professional services that accompany software solutions (e.g. training, implementation fees).
- What size of contract does Lemon support?
- Lemon can typically finance contracts between £5,000 and £8,000,000. If you have a larger contract, please contact us to discuss your needs.
- Can Lemon be used for renewals and mid-contract financing?
- Yes, Lemon can be used to finance both new purchases and renewals. If a customer is due for renewal but prefers to pay monthly instead of upfront, you can offer Lemon as an option to spread their payments while still receiving the full amount upfront. Additionally, if an existing customer is mid-contract and wants to switch from annual to monthly payments, Lemon can facilitate this transition.
- What can Lemon be used for?
- Lemon can be used to finance software and software-related service fees (for example: implementation, integration and training professional service fees).
- What can’t Lemon be used for?
- Lemon cannot be used for financing non-software purchases.
- Can Lemon handle international customers?
- Lemon currently provides financing to UK-based buyers, but we are expanding our lender partnerships to support additional regions.
Pricing
- What are the fees associated with using Lemon?
- Lemon charges SaaS companies a competitive service fee of 2% of the contract value for facilitating the financing. In addition, Lemon matches your customer with the best possible option that gives them the lowest interest rates available, to help them maximise savings.
- Is there a limit to how many of our customers can use Lemon?
- No, there's no cap on the number of customers who can access the Lemon financing option.
Risk & Security
- What happens if a customer stops paying?
- The lender assumes the risk of customer non-payment. Once the financing agreement is in place, the SaaS provider has already been paid in full. If the customer defaults, the lender will manage the collections process, but in some cases, we may request that you revoke the customer's access to the software.
- How does Lemon verify customer eligibility?
- Lemon performs initial soft checks before submitting an application to a lender. The lender then assesses the application based on their own credit and risk criteria.
- What checks do you perform on SaaS companies?
- We verify that you're a registered entity in your operational region and aren't involved in any litigation. Additionally, you must possess a business bank account to connect to your Lemon account.
- How secure is Lemon?
- We prioritise security, employing comprehensive measures to ensure data protection and system integrity.
- Is Lemon a bank?
- No, Lemon is not a bank. Lemon is a financing platform that partners with financial institutions to offer flexible payment options for SaaS subscriptions. We handle the financing process, but we do not lend money ourselves.
- Is Lemon a credit card?
- No, Lemon is not a credit card. We don't offer a virtual card, nor do we impose variable interest rates on customers.