Net 30 is a loan. You're the bank.
And the bigger your customer, the longer they stretch it. Most small business owners I've talked to are getting paid 60, 90, sometimes 120+ days out...
Factoring solves this but it lives in a different tool. Separate signup, every invoice submitted through a separate portal, days of waiting for each approval. What should be instant becomes days of waiting.
Why not get this option while you invoice? We're building this into @acctualteam.
What's the longest you've ever waited on a "Net 30"?
And the bigger your customer, the longer they stretch it. Most small business owners I've talked to are getting paid 60, 90, sometimes 120+ days out...
Factoring solves this but it lives in a different tool. Separate signup, every invoice submitted through a separate portal, days of waiting for each approval. What should be instant becomes days of waiting.
Why not get this option while you invoice? We're building this into @acctualteam.
What's the longest you've ever waited on a "Net 30"?
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