We help small businesses, period. Capital for small businesses to create cash flow so they can grow.
We understand business owners because we are business owners. This platform was made with your needs in mind.
Getting Setup With NowAccount
Growing a business is hard enough; getting paid shouldn’t be. We’ve taken the time to make our process as simple as possible.
How does NowAccount work?
Create Account
Submit business information to our team to see if your company qualifies.
Add Your Customers
Only add the customers you want, and get them approved for invoicing.
Upload Invoices
Once you invoice them, upload them to our system for processing.
Receive Funds
Once approved, you’ll receive funds via ACH.
Submit business information to our team to see if your company qualifies.
Only add the customers you want, and get them approved for invoicing.
Once you invoice them, upload them to our system for processing
Once approved, you’ll receive funds via ACH.
Prequalifying
◴ 5 MIN
Before you get started, make sure you have all the necessary info handy.
- ✓ Business Name + Email
- ✓ Business Phone Number
- ✓ Business Address
- ✓ Legal Form Of Business
Navigation
Priding ourselves on an easy-to-use platform that’s even easier to get money back from.
Upload Invoices To Our System
These can be submitted on our platform in PDF form.
Track Invoice Progress Via Your Dashboard
See the status of all your invoices in one easy place and know exactly when your funds are available.
Get Paid
You’ll receive an email when your invoice has been purchased and an ACH payment is initiated.
Upload Invoices To Our System
These can be submitted on our platform in PDF form.
Track Invoice Progress Via Your Dashboard
See the status of all your invoices in one easy place and know exactly when your funds are available.
Get Paid
You’ll receive an email when your invoice has been purchased and an ACH payment is initiated.
When setting up your account you can start adding the customers you anticipate invoicing soon.
Submit customer information:
- Legal business name
- Physical address
- Contact information
- Average monthly invoice volume with that customer
Third-party insurance partner will underwrite your customer for the credit requested.
*It will not affect your customer in any way
Once the customer’s approved, you’ll be prompted to introduce us via email.
Update your customer invoice with Now remittance information and upload it to NowAccount.
See how we handle commonly held questions from clients. If you don’t see your question listed or want to speak more in depth with a business advisor, feel free to schedule a meeting with us here.
Invoices are processed once the customer approves the invoice and remittance.
Flat yearly membership fee and fixed rate depending on Net Terms. No personal guarantees.
No, selectively choose which customers you’d like to run through your NowAccount
- B2B or B2G
- Net terms 15-120 days
- Net terms are 15-90 days
- Invoices not past due
- Work/goods are completed
We value transparency with our clients which is why we are upfront about our costs and that they are fixed. Since they are already below industry rates we don’t negotiate these. See the break down below:
$750/yr membership fee.
Flat rate per invoice, starting as low as 3%
*(30-120 day terms)
| Invoice Terms | Fee |
| Net 15 | 3% |
| Net 30 | 3.5% |
| Net 45 | 4 |
| Net 60 | 5 |
| Net 75 | 6 |
| Net 90 | 7 |
| Net 120 | 8 |
PAYMENT SOLUTIONS
FUNDING SOLUTIONS
 |
Credit Card Services | |
| Pricing | 3-8% | 2.5-4.5% |
| Risk If Customer Doesn’t Pay | No | No |
| Increase Liability On Balance Sheet | No | No |
| Administration of A/R | Yes | Yes |
| Works With Bank Loans | Outsourced | Outsourced |
| Flexibility/Ease of Use | Flexibility/Ease | Flexibility/Ease |
| Recourse Factoring | Loans |
| 5-50% | 5-50% |
| Yes – your loss | Yes – your loss |
| Yes | Yes |
| No | N/A |
| Still You | Still You |
| Restricted | Restricted |
*Terms and conditions apply to all new account. The percentage of other companies is a range based on SBA resources here.
PAYMENT SOLUTIONS
|
Credit Card Services | |
| Pricing | 3-8% | 2.5-4.5% |
| Risk If Customer Doesn’t Pay | No | No |
| Increase Liability On Balance Sheet | No | No |
| Administration of A/R | Yes | Yes |
| Works With Bank Loans | Outsourced | Outsourced |
| Flexibility/ Ease of Use |
Flexibility/ Ease |
Flexibility/ Ease |
FUNDING SOLUTIONS
| Recourse Factoring | Loans | |
| Pricing | Interest Rate from 5-50% | Interest Rate from 5-50% |
| Risk If Customer Doesn’t Pay | Yes – your loss | Yes – your loss |
| Increase Liability On Balance Sheet | Yes | Yes |
| Administration of A/R | No | N/A |
| Works With Bank Loans | Still You | Still You |
| Flexibility/ Ease of Use |
Restricted | Restricted |
*Terms and conditions apply to all new account. The percentage of other companies is a range based on SBA resources here.
We’re excited to work with you to grow your business, get started by prequalifying, or reach out and book a time with our sales team if you still have questions!
