How To Get Faster Funding And Improve Cash Flow

Everyday Funding is a new funding platform designed to fit the way you do business. This recent innovation provides the fastest free/no-cost funding in the payment industry by making funds available within hours, seven days a week.

As a business owner, it can be difficult to financially plan when the time between receiving payments from customers and that cash being made available in your account is uncertain. And you’re not alone. Nearly two thirds of small business owners report that this lag has the largest impact on their company’s cash flow.

The reality is that small business owners need to move faster, be more agile and demonstrate the flexibility needed to thrive in the current environment. Unfortunately, the payments industry has, until recently, struggled to adapt to meet this need. On average, small businesses in the U.S. have $53,399 in outstanding receivables.

COVID-19’s impact on the economy and small businesses has made this need for faster funding even more urgent. This challenging climate makes it crucial for small business owners to be able to access their cash quickly, conveniently and on a schedule that fits their immediate needs.

A more efficient funding timeframe will enable small business owners to:

• Pay invoices more quickly
• Track expenses faster 
• Increase cash flow efficiency 
• Access real, hard-post funding during their hours of operation

Funding that keeps pace with business

This platform allows small businesses to have access to their cash within hours, not days. The quick turnaround can happen within a few hours from when you submit a batch for funding. Most importantly, funding happens on your schedule: nights, holidays and weekends. Whether you need to pay an invoice on a Saturday or submit payroll on the Fourth of July, this flexible funding time frame allows small business owners to work when they need to.

While some products may limit funding amounts or settled batch maximums, Everyday Funding removed those limitations to fit the needs of busy businesses. 

Preparing for the future

Cash flow is crucial to the success of any small business, and small businesses are crucial to the success of the economy and our local communities. Everyday Funding is an innovative cash payment service designed to support these businesses by adapting to the realities of their needs.

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