Do you own your own business? Do you sometime sweat bullets while you’re waiting on an invoice to be paid?
This is a common problem, particularly for small firms. Now you can use Fundbox to get paid fast.
When you know the amount you need, enter it in the Fundbox calculator atwww.fundbox.com. They will determine a set “clearing fee” you will pay back (on top of your initial invoice amount) over 12 weekly installments. If you pay it off early, you’ll save money. And as you build your history with Fundbox, the clearing fee will decrease.
As an example, let’s say you have an outstanding check for $5,000. The minimum clearing fee for three months is $243, and the maximum is $343. Fundbox will advance you the $5,000, and when your client pays you, you will pay Fundbox $5,000 plus the clearing fee that is currently due.
For those times when you really, really need the money (and the client is stalling), Fundbox could be a lifesaver.
Cost: Free to signup, then pay a predetermined fee based on the payments you need advanced to you