According to the press release, the initiative comes to support companies dealing with increasing sales, while providing enough cashflow. With the release of QuickFee Installments companies of all sizes can benefit from the 'Buy Now, Pay Later' experience.
QuickFee offers three products that make the payment process easier for professional services firms. These products also ensure that professional service firms are always paid in full and upfront, improving cash flow, and reducing A/R in the process. Accordingly, the offering includes:
QuickFee Installments: allows clients to pay invoices in 4 interest-free instalments, making it easy for professional services firms to sell larger projects and get more customers. Because it uses existing credit, clients can bypass conventional credit checks and approvals – and get the affordable services they need.
QuickFee Financing: is an fee financing product that gives clients extended credit terms and the freedom to pay over 3-12 months, while the firm receives 100% of the invoiced amount upfront. Unlike invoice factoring, QuickFee Financing is completely free for the services firm. It can be used as a friendly collections alternative or a way to win new business.
QuickFee PayNow: is an online payment processing platform that accelerates cash flow and empowers clients to pay 24/7, at a low cost to the firm.
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