099: Accounts Receivable Funding for Big Orders

Product Startup

Oct 27 2021 • 21 mins

Steven is the Founder and CEO of FundThrough, a North American accounts receivable firm that has provided billions of dollars in bridge financing to help small businesses scale.  His firm is also a fellow recipient of the Best Places to Work Award.  Today Steven is going to share some valuable knowledge on how inventors, startups, and small manufacturers can understand how big buyers like wholesalers, distributors, and retailers use credit terms when purchasing your products, and what you can do to bridge the gap between delivering your product and getting paid, something which is quite important for a small and scaling consumer product business.

Today you will hear us talk about:

  • Bridge Financing, Accounts Receivable financing
  • It allows you to pay your suppliers
  • The clock doesn’t start ticking on you getting paid until the invoice gets through.
  • Get your invoices paid faster
  • How bridge financing helps with scaling
  • Small businesses that land a big sale
  • Larger customers have a lot more control on how they get paid
  • Use Quickbooks Online, makes financing very easy


EPISODE LINKS

Steven Uster / FundThrough Links:



The Product Startup Podcast Links:



Mako Design Links:



Kevin Mako Links: