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Andrew Zusman
@uxandrew · UX Designer
@yottoy Maybe you can answer questions if anyone has them?
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Yotam Troim
@yottoy · Product, Fundbox
Fundbox offers business owners and freelancers a way to convert invoices in the mail into money in the bank.
I'll be happy to answer any questions you may have.
Kristofer™
@kristofertm · Founder @ Lamplighter Labs
Seems like a really useful service if you're in a pinch. I can imagine the float you need to front all these loans would be HUGE though... @yottoy can you share any metrics about how much is outstanding and how long they typically last before getting paid back? Is there any worry about small businesses getting a little too trigger happy clearing their invoi… See more
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Andrew Zusman
@uxandrew · UX Designer
@KristoferTM I always wondered about this with Plowz (and the like)...because it's really easy to call someone and it's not always easy to extract payment....
Yotam Troim
@yottoy · Product, Fundbox
@KristoferTM When we say outstanding, we generally mean recently issued invoices that are likely to get paid so we don't really encounter scenarios like those you described.
We like to think of Fundbox as a service that offers a common-sense approach, powered by technology. We are a fully automated service, from the moment a business owner signs up to the v… See more