The Hatch Card

Is the Hatch Card a secured line of credit?

We do not put a lien on any of your assets, so the Hatch Card is an unsecured line of credit.


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Does Hatch charge fees for international transactions?

Currently there are no fees for processing international transactions, but please note that this is subject to change.


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Does Hatch report my credit to any credit bureaus?

We are not currently reporting information to credit bureaus. However, we do understand that some business owners want the ability to build their credit score through our products so we are working on additional products that will provide such a feature.


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Can more than one loan be taken per business if there are multiple owners?

At this time, we offer one line of credit per business, regardless of how many owners there are. 



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Is the Hatch Card a revolving line of credit?

Yes, this is a revolving line of credit! A revolving line of credit means that once you successfully pay back the amount that you’ve spent, then that amount will be made available to you again.

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What is the difference between an interest rate and APR? 

APR includes any fees and expenses associated with your loan.  Since we do not charge any fees or expenses, the interest rate is the same as our APR.


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What is a Line of Credit?

A line of credit is a preset dollar amount that a bank or a lender has agreed to lend to a consumer or business. The individual approved for a line of credit can draw from the line of credit when they need it, up to the maximum amount approved.

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Is The Hatch Card a credit card?


The Hatch Card is not a credit card, it is a line of credit with the funds dispersed through a card. Learn more about a line of credit, here.

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Where Can I Use The Hatch Card?

You can use The Hatch Card at any merchant, in store or online, who takes Visa cards. Here is the list of Visa Rules for more detailed questions.

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Can I Increase My Credit Limit?

We are not currently processing requests to increase credit limits. Over time, depending on business growth and repayment activity, it's possible that your line of credit may be increased.

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What is the APR for the Hatch Card?

We believe in keeping things simple, our APR is 24% with no additional fees or penalties. If you have been referred to us by one of our partners, you may be eligible for a lower rate. If you've already applied for the Hatch Card, check your approval email or your Hatch Dashboard for your exact terms.

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What if I don't have a credit history or a FICO score. Can I still apply for the Hatch Card?

Yes! The Hatch Card is designed for underestimated small business owners.

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Will my FICO score be affected by applying for a Hatch Card?

No. Your FICO score will not be affected by applying for a Hatch Card.

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Can I use my Hatch Card for personal expenses?

No. The Hatch Card can only be used for business purposes. It is a violation of our Terms of Service and Line of Credit Agreement to use the card for personal expenses.

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