Remember when you just started your business? You were passionate about doing your thing, making a living by doing what you love. Nobody told you that you'll be spending your days juggling your working capital to stay afloat. Then came expenses, but hey, you gotta spend some to make some, right? And the business is doing well, so how come you spend so much of your time just making ends meet? Here are the reasons we hear the most:
It doesn't really matter what's holding back your cash flow. The real question is, what are you doing about it? There are a bunch of instant remedies out there, and you can fill a bunch of "online forms" and a couple of faxes later you'll be the proud owner of a loan that's probably way larger than you actually need. You can go ahead and do that if that's what you're into.
We also have some good news for you—we believe in you. Actually, we believe that only you can help your business flourish, and you can do it without any stressful long term commitments. We think that the only thing you really need is a little help to make sure that when you need your money, it'll be available for you. But how can you make that happen?
We've been obsessed with this question for over two years. Since we set out to answer it, we dissected every solution under the sun. We spent literally thousands of hours simulating various financial models, interviewing world-leading experts, and researching past experiments.
The solution we came up with was nothing short of shocking in its simplicity. Keep reading to discover what we found.
Your business is doing fine, right? You get work, your customers are happy, they send more work your way… So how come things aren't better when it comes to your cash flow? Turns out that a live business, meaning a business that has constant streams of funds going in and out, is simply crushed when the payments are net 30, 60, and sometimes over 90. If all your invoices were paid as soon as they're issued, you'd probably be in a much better place right now. So how come current solutions aren't fixing it? That's easy, because while you're waiting to get paid, they're rocking on your dime. And other, more friendly solutions? They're not that friendly. Read the fine print: hidden fees, insane APRs, and surprise payments just to get you started.
Yes. What we offer is a new approach to managing your cash flow. We left out the bells and whistles to offer a common-sense approach, powered by science. We built a robust solution, based on bleeding-edge technology that will help you grow your business over time in a pace that's right for you.
If you have outstanding invoices, we'll advance 100% of their payment. You pay back the amount and a small clearing fee over 12 or 24 weeks (your choice). If at any point you decide you want to pay early, there’s no pre-payment penalty, and we'll waive the remaining fees. You are always in control and can step in and out whenever you want. In addition, the process is entirely automated.
As we do our best to offer you a tailored solution that fits your business needs, we also believe that pricing such a service needs to rely on your business health and properties of the specific invoice you wish to clear. That's why we built a pricing system into Fundbox that automatically sets the price for each invoice. Why? Because it makes sense. You can tell exactly how much you'll have to pay for each invoice even before you enter your bank account details. If you want to see how much you'll be paying for your invoices, head over to our pricing page.
No problem. You can still sign up and have this option ready for you when you do need it. You pay nothing until you start using our service. All you have to do is connect your accounting app.