How Does FundNow Work?

FundNow speeds up customer collections by getting paid upfront on your sales invoices. Win larger deals and smooth out your cash flow by speeding up collection from your customers.

With FundNow, once you send an invoice to a customer, you can assign the invoice to Lendica. Lendica will provide a cash advance. Once the customer pays the invoice, you can pay the amount to Lendica.

Follow the steps below to use FundNow on the SubcontractorHub platform. 

Step 1: Go to the project and click on FundNow in the top bar.

Step 2: Lendica will open as a widget on the right-hand side.

Step 3: Input your revenue amount and email address. Then click “Continue”.

Step 4:  Input your business details and click “Continue”.

Step 5: Input your ownership details and click “Continue”.

Step 6: Click “One more step”.

Step 7: To complete the financing process, connect to either your bank or accounting. If necessary, input your email address and click “send” to finish the process later or send it to an approver.