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account with mark 2

Not Factoring

Not A Loan

Still don’t believe us? We outlined it all below for you to see what sets us apart from some major industry competitors.

A New Way Of Gaining Capital

Still have questions after reading this chart? Our business advisors would be happy to answer your questions, feel free to book a call with them here.

now primary lockup 2
  • Ease of Use
  • Flexibility
  • Risk
  • Cash Flow
  • Who Benefits
  • Fee Structure

  • Used Daily/Weekly/Monthly just like accepting a credit card

  • Highly flexible - you choose which customers pay via NowAccount

  • Non-recourse agreement eliminates your risk of absorbing nonpayment losses

  • Off balance sheet - no liability is ever booked

  • Creditworthy, growing small and mid-sized businesses

  • No fee to apply, low annual membership and flat rate, starting as low as 3%)

  • Ease of Use
  • Flexibility
  • Risk
  • Cash Flow
  • Who Benefits
  • Fee Structure
  • Used Daily/Weekly/Monthly as invoicing needs dictate
  • Highly flexible – you choose which customers pay via NowAccount
  • Non-recourse agreement eliminates your risk of absorbing nonpayment losses
  • Off balance sheet – no liability is ever booked
  • Creditworthy, growing small and mid-sized businesses
  • No fee to apply, low annual membership and flat rate, starting as low as 3%
Loans + Factoring
  • Risky solution that doesn’t grow with your business
  • Low Flexibility
  • Agreements vary between recourse + Non-recourse, fees adjust accordingly.
  • Reflected as a liability on your balance sheet, limiting your access to additional capital.
  • Low Credit Business
  • Application/underwriting fee, Discount fees 5-15% per invoice PLUS interest for every day invoice remains unpaid

  • Ease of Use

  • Flexibility

  • Risk

  • Cash Flow

  • Who Benefits

  • Fee Structure

  • Risky solution that doesn’t grow with your business

  • Low Flexibility

  • Agreements vary between recourse + Non-recourse, fees adjust accordingly.

  • Reflected as a liability on your balance sheet, limiting your access to additional capital.

  • Low Credit Business

  • Application/underwriting fee, Discount fees 5-15% per invoice PLUS interest for every day invoice remains unpaid

NowAccount Costs

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)

Our Pricing Per Invoice
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

  now account with mark 2 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 accounts. Percents of other companies are a range based on SBA resource here.

PAYMENT SOLUTIONS

  now account with mark 2 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. Percents of other companies are a range based on SBA resource here.

Ready To Begin Your Now Journey? Ready To Begin Your Now Journey?

We’re excited to work with you to grow your business, get started by prequalifying, or book a time to speak with us today!

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