NOWaccount for QuickBooks Online

The first B2B payment solution that pays NOW when your customers pay later

Description

The NOWaccount payment solution pays you immediately in a way that removes A/R, is not a loan or factoring, and feels like but costs less than accepting a credit card for payment. Within QuickBooks, you get your actual revenue in days for a flat fee.

Easy to set up and use

To get started with NOWaccount, simply link your QuickBooks Online to NOWaccount and add the customers you select to NOWaccount. The next time you invoice a selected customer you will get paid your actual revenue (net of the flat merchant fee) by ACH in days and your journal entries will be automatically booked for you. You will have no liability; NOWaccount takes on the risk of when and if your customer pays. Your use of NOWaccount has no impact on and is largely invisible to your customers.

Grow your business exponentially by getting paid NOW with no loan or factoring.

Businesses that use the NOWaccount report growing their businesses 3x in less than a year because they receive their revenue in a few days instead of in 30, 60, or 90 days. This reduction of A/R (without the cost, risk, and liability of loans or factoring) enables you to take on larger orders and customers, hire more employees, negotiate buying discounts because you can pay your vendors quickly, and extend longer terms to your customers to create a competitive advantage.

Strengthen your balance sheet & stop being a bank!

Before NOWaccount, you had to stall your growth and forego sales opportunities while you waited for your customers to pay, or you had to take on debt and liability in order to access cash—all because your customers with payment terms were holding your money for free. With NOWaccount you get paid immediately in a way that strengthens your balance sheet, helping your stronger business access other financial tools more cost effectively and for the right uses.

Eliminate the risk of customer nonpayment

Stop losing sleep each month wondering if and when your customer will pay. With NOWaccount, when or if your customer pays is no longer your problem—NOWaccount takes that risk off of your plate. NOW you can sleep easily knowing that you can make payroll and take on that big new account with confidence.

Improve your customer relationships

When you use NOWaccount, nothing changes for your customer except your remit-to address. Your customers still get their invoices from you, and still have the flexibility to pay when they are accustomed to. NOWaccount payments are invisible to your customers even if you use other apps to allow your customers to check the status of their invoices. It feels like you accepted a credit card for payment but your customer does not have to use a card—they still get their invoice with terms.

Reduce A/R time and hassle

You no longer have to spend time verifying customer references, chasing unpaid invoices, haggling for payments when you’d rather be negotiating new sales, and looking for those checks that are always “in the mail.” No more worrying about when your customers will pay you. Instead, you can focus your valuable time on growing your business. With NOWaccount accelerating your revenue flow, you can drive your business to the next level and get more sleep.

Easy to set up and use
Grow your business exponentially by getting paid NOW with no loan or factoring.
Strengthen your balance sheet & stop being a bank!
Eliminate the risk of customer nonpayment
Improve your customer relationships
Reduce A/R time and hassle

Free to apply. No term contract. No monthly fee. One-time flat fee of $25 to $30 for a $1,000 invoice.


PLAN PRICE USERS DETAILS
NOWaccount Flat fee of $25 to $30 per $1,000 invoiced, based on the terms you offer (Net 30 to Net 90). 1 Invoices up to $1 million accepted. A payment solution - not a loan or factoring. No recourse and no interest.

NOWaccount team members are available to help you from our offices in Atlanta, Georgia, Monday-Friday from 8am-5pm Eastern Time. Just give us a call at 404-528-1358, or email us at help@nowaccount.com, or check out our online Help Guide at help.nowaccount.com.

Support: 1-404-528-1358
Online: http://help.nowaccount.com


Check out the most frequently asked questions below: Expand all
How is this different than a loan or factoring?
NOWaccount is not a loan or factoring: • No liability on your balance sheet—your balance sheet grows stronger • Uses flat pricing—you know the exact cost in advance unlike variable interest financial tools • Eliminates customer nonpayment risk • No term contract—you choose the customers to use NOWaccount with • Improves your ability to access loans or lines of credit because there is no liability • Largely invisible to your customer—no customer notifications other than a new remit-to address
I’m new to NOWaccount. How quickly can I start using it?
It takes less than 5 minutes to fill out the short registration form. Your NOWaccount can be fully activated within days after we receive your signed agreement. Next, open the NOWaccount app, synch with QuickBooks and add your customers to your NOWaccount. Once your customers are pre-approved, you can start entering invoices. You may put an invoice on your NOWaccount as long as it is not past its due date. For example, you can submit an invoice issued 20 days ago if the term is Net 30.
It sounds too good to be true, right?
We know. We hear it all the time. NOWaccount was founded by small business owners just like you. We’ve known what it’s like to be told that paying in 30 days is “on time” and waiting 30 days or more is the cost of doing business. The idea that you can get paid immediately with a simple payment solution that does not impact your customer or add debt to your business seems too good to be true. Try NOWaccount—if you are fine waiting 30+ days, getting paid in <5 days is a game changer!
Can my customers pay me with a credit card if I use NOWaccount?
NOWaccount does not accept payment by credit card—customers may pay their invoices via paper check, ACH, or wire. Credit card payments cost you twice: once when you “lend” money with terms, and again with credit card processing fees. NOWaccount is a win for you and your customer. You get paid immediately for a cost that is about the same or less than accepting a credit card and your customer enjoys longer terms than paying a credit card statement, with no credit card due date and fees.