The Bilbus Working Capital Financing Hub now connects to Xero!
Bilbus now integrates with online accounting software service Xero and can be found in the Xero Add-on section as well as the Bilbus Xero page. Bilbus allows Xero users to track invoice collections status and connect to matched commercial lenders.
We continue to grow our base of commercial lenders (US and UK for now, but watch this space!) and will be offering Xero users in these markets the ability to unlock financing using their invoices. Bilbus has lenders waiting to receive financing requests via Bilbus, and we will be gradually adding more lenders over the coming months.
Many businesses are not ready to look for financing, and are more concerned with tracking invoices and getting paid. As business owners, we understand the importance of cash flow and collections and we’ve designed Bilbus specifically for growing businesses. Businesses can start using Bilbus straight away, creating and sending invoices and forecasting cash flow. Today, you can create invoices (or upload them into Bilbus) and track them. Whether you use a spread sheet or accounting package, you still need to manually update your cash forecasts when you finally get an answer from your customers. Bilbus makes that easier, allowing customer status updates to show up directly in your cash forecasts in Bilbus.
While still in beta, using Bilbus wont cost a penny, and once you have used Bilbus for a few months, you’ll be pleased with how little Bilbus will cost going forward. We’ll be offering promos and discounts as a thank you for using Bilbus to manage working capital, so there are even more reasons to get signed up. Bilbus helps a business’ accountant too, so ask them to sign up for free.
We look forward to simplifying working capital for you. If you have any problems or queries when using Bilbus , send us a quick note from any page in Bilbus.
Bilbus is a working capital financing hub that helps small businesses invoice, collect and connect with commercial lenders via a single dashboard. We help businesses use invoicing and collections data to increase cash flow visibility and strengthen credit applications.