Essential Apps for Business Financing to Integrate with Your Accounting Software
Did you know that your Xero or QuickBooks Online account can integrate with business financing apps?
Integrating business finance apps with your Xero and QuickBooks Online account makes it possible for finance providers to check the financial integrity of your business; as well as enable you as a small business owner to make informed decisions to improve your cash flow, ensure you get paid quicker and allow you to swiftly access capital when required.
Explore how the below three business finance apps could help reduce the gap between your small business and finance:
MarketInvoice helps businesses unlock funds from unpaid invoices to free up cash flow quickly. Businesses can advance as much as 90% of the face value of their invoices within 24 hours. This app has the ability to integrate with multiple accounting software including Xero and QuickBooks Online.
iwoca provides small businesses with fast and flexible business credit of up to £100,000. iwoca can be used for multiple purposes, whether that is investing in stock opportunities or bridging short-term cash flow gaps. Whilst this app is only currently integrated with Xero, any small business can apply for credit regardless of their accounting software.
DueCourse provides a straight forward and quick money release solution for small businesses. DueCourse fills that gap and provides access to cash flow support. This app has the ability to integrate with multiple accounting software including Xero and QuickBooks Online.
Regardless, if you are taking on debt to fund future growth or to provide working capital it is absolutely critical that you track the return on investment of that capital and manage cash flow accurately. Check out: The Importance of Cash Flow Forecasting for essential cash flow forecasting best practice.
Still have questions? Are you looking for a Xero Accountant in London or a QuickBooks Accountant in Birmingham? Or would you like to learn more about how to maximise the value of your accounting software? Unsure about sources of finance? Then book in for a free consultation with SRK today!
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