Your kids have gone back to school for another full year dedicated to learning new things. Just because you may have earned your diploma many moons ago doesn’t mean that your education is complete. If your kids are learning new things, why shouldn’t you? Today’s lesson is on invoice financing.
As any small business owner will tell you, creating and running a company is no easy task. To remain competitive, small business owners need to stay abreast of the latest trends and developments in their respective industries. For example, new management philosophies and technology platforms seem to pop up every day. While these innovations have the power to transform your small business, you have to be aware they exist in the first place.
It’s no secret that small business owners across all industries deal with cash flow problems on a regular basis. One of the major reasons small businesses struggle with cash management is because their customers aren’t keen on paying their bills on time. In fact, according to our research, 64% of small businesses are routinely affected by late payments.
While ever-increasing accounts receivables may give you peace of mind, you can’t exactly pay people with invoices you haven’t yet collected payments on. The good news is that instead of letting delayed payments slow down your operations, you can use an invoice financing service like Fundbox to quickly get the money you need to grow your business.
Here’s how it works: Set up a Fundbox account and connect your bookkeeping software. The whole process should only take a minute or two. Once that’s done, select the unpaid invoice or invoices you want to clear. Fundbox will then deposit the money in your account within a business day or two. You then have 12 weeks to repay the advance, plus a small fee. Fundbox is incredibly easy to use—and also extremely beneficial to small businesses.
How Invoice Financing with Fundbox Provides Financial Freedom
Invest in new opportunities
Don’t force yourself to wait weeks or even months to take advantage of lucrative opportunities. With money in the bank, you’re free to pursue whatever initiatives you want.
Hire new people
You can’t expect to pile a never-ending stack of work on your employees’ plates. Invoice financing allows you to hire additional staff so that workers don’t burn out.
Buy new equipment or property
Every business needs new equipment from time to time. Depending on your business’ specific situation, you may want to buy property sooner or later (it beats renting, right?). Clear your unpaid invoices with Fundbox, and you can invest in the equipment and property you need to take your business to the next level.
Launch a new marketing campaign
Thanks to invoice financing, you’re able to easily find the funds you need to start a new marketing initiative. As a result, you can tap into new markets and attract new customers.
Pay your bills in full each month
There’s no sense in worrying where you’ll find the money to pay your utilities, make payroll, cover insurance costs, and settle up with the taxman each month. Thanks to invoice financing, you won’t have to.
Now that you’re an expert on invoice financing, what are you waiting for? Sign up for an account today and give Fundbox a whirl. You have nothing to lose—and potentially everything to gain.
Ready for more?
Apply for funding and find out if you qualify today