Customer Stories
Cash flow constraints were a barrier to scaling operations.
Bulletproof Electric found itself at a familiar inflection point for small businesses: ready to grow, but limited by the availability of working capital. Between long net terms from major clients and constant expenses like payroll and materials, they needed a partner who could provide fast, flexible funding. On top of that, their invoice submission process varied by client, sometimes taking up hours of valuable time correcting small formatting errors just to get paid.
SupplierLink sped up invoicing and FundThrough accelerated payments for overall faster cash flow.
SupplierLink made invoice submission to their clients easy, with less than six rejections across more than 1,200 invoices submitted. The system also made it simple to track status, correct minor issues and get invoices paid on time—saving significant time for the back-office and speeding up invoice approvals.
To accelerate the payment side of the accounts receivable cycle, Bulletproof Electric turned to FundThrough. Unlike other fintech lenders and small business loan products that were either impersonal or underpowered, FundThrough offered fast capital, seamless integration with OpenInvoice®, and personalized service. The difference was immediate.
The powerful solution combination accelerated the entire A/R cycle, doubling revenue.
By speeding up the entire A/R cycle with SupplierLink and FundThrough – from invoicing to payment – Bulletproof Electric doubled its revenue year-over-year, from $450K to $900K. The power of the combined solutions enabled the company to submit over $1.5M in invoices with near-perfect accuracy and no friction while getting them paid an average of 38 days early to fuel their growth.
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Enverus SupplierLink and FundThrough Invoice Factoring
