Leading Buy Now Pay Later (BNPL) company, Zip has partnered with social media giant, Facebook, to help support small businesses with a new limited time cashback offer.

Small businesses that spend $50 or more on Facebook advertising using a Zip Business Trade account or Zip Business TradePlus account, will receive $25 credit back to their Zip Account within 14 days of purchase.

This new offer can be redeemed up to four times to the maximum credit value of $100. Businesses using Facebook advertising for the first time or currently have prepaid ads can claim cash back using the offer.

Zip Co general manager of Zip Business, Geof Alexandar said small businesses want confidence to invest and unleash their entrepreneurial spirit.

“They are learning how to build online stores and how to use digital marketing to find more customers. Zip Business partnered with Facebook to give entrepreneurs additional confidence and peace of mind by having access to the cash they need to acquire new customers,” he said.

With a simple application process, small businesses can be approved for Zip Business Trade account or Zip Business TradePlus account online.

The new offer is available to Australian small businesses who sign up to a Zip Business Trade Account or Zip Business TradePlus Account from now until 30 June 2021.