Fundbox financing solution provides FreshBooks users with cash flow
flexibility to run day-to-day operations
“Freelancers, entrepreneurs and small business owners are grossly underserved,” said
FreshBooks users can easily create a Fundbox account and connect it using their FreshBooks account credentials. Once connected, the business owner can select an invoice using the “clear this invoice” button. This prompts the Fundbox system to assess and clear the invoice, depositing the funds into the business owner’s bank account within 24 hours.
Hundreds of FreshBooks customers have already taken advantage of the FreshBooks-Fundbox solution for short-term financing needs. FreshBooks customers in
“Fundbox and FreshBooks have made my life so much easier by improving my cash flow issues,” said
Traditional lending sources like banks and credit cards require piles of paperwork, lengthy processing times, and often look at the small business owner’s personal credit rather than the financial health of the business. These same business owners are reluctant to build their businesses on the backs of traditional credit cards with high interest rates and hidden fees. With Fundbox, small businesses enjoy a higher approval rate, with credit based specifically on the financial health of the business and outstanding invoices for work completed.
“FreshBooks and Fundbox share a commitment to leveraging advanced technology to speed up and simplify processes that have hampered small business growth in the past. Making Fundbox available to the FreshBooks community is a step forward in how we help small businesses stay focused on their business,” said
FreshBooks users can take advantage of the Fundbox integration today. Visit
FreshBooks is the #1 cloud based accounting solution designed exclusively for small business owners. To date, the company has helped more than 5-million people collect billions of dollars through easy-to-use invoicing, expense management and time tracking. The company’s mantra is “execute extraordinary experiences everyday” and this is recognized by industry accolades including the gold 2013 and 2014 Stevie Award for front line customer service, the 2013 IXDA Award for iPhone design, and Webby finalist for best mobile productivity app. Based in
Fundbox leverages deep data analytics to accelerate cash flow and clear invoices for small business. The Fundbox risk engine taps into numerous data signals within its network to assess customers and invoices for risk automatically and instantly, allowing small businesses to choose which invoices to clear with a single click. Fundbox was founded in 2012 and is backed by leading
DRSmedia on behalf of Fundbox