In addition to business loans and lines of credit, FINSYNC also supports cash advances on invoices (invoice financing or factoring). Eagle Business Credit is an early network participant who offers lower rates to businesses who apply for financing through FINSYNC. CEO of Eagle, Ian Varley, commented “The combination of FINSYNC’s accounting system, online payments platform and lender’s portal allows us to process requests for cash advances at a fraction of the time and cost compared to traditional methods. The process is completely streamlined. We are passing our savings on to the businesses we fund in an effort to help them grow.”
Check out the full article news here:
https://www.businesswire.com/news/home/20180731005540/en/FINSYNC-Announces-1-Billion-Committed-Improve-Businesses
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