1st November, 2023
Cash flow is the lifeblood of any enterprise, big or small.
It allows companies to pay their employees, cover operational costs, reinvest in growth, and more.
However, the delay between sending out an invoice and actually receiving the funds can often create an unsettling gap.
Playing this waiting game can be daunting, leading businesses to sometimes miss out on opportunities or face unnecessary financial strain.
Invoice financing is one solution to help small businesses overcome cashflow challenges.
Invoice financing is a quick and easy funding process to help businesses overcome cashflow problems.
Rather than waiting for your customers to pay their invoices, a third party pays you upfront for a small fee, so that you can focus on meeting your financial obligations and growing your business.
MYOB’s integration with Butn means you can access invoice financing, with funds in your account in as little as 24 hours.
“Butn is simple and easy to use and because it’s within MYOB, it’s quick to get started. Butn has definitely assisted my business. Payments were quick, and the service was personalised. Dealing with the same person every time really adds to the service.”Tom – MYOB | BUTN Customer Tommy Hawkins Flooring
Integrating the MYOB business management platform directly with Butn addresses this widespread challenge.
Butn, which specialises in offering businesses swift access to working capital, bridges the gap between invoicing and having the necessary funds in hand.
This doesn’t just mean faster access to cash, but also a heightened level of confidence for businesses navigating the challenging waters of finance.
For businesses, this integration isn’t just about faster cash flow; it’s a step towards a more modern, agile, and responsive financial ecosystem.
By providing businesses with the confidence that their finances are easily accessible, MYOB and Butn are fostering an environment where businesses can thrive, innovate, and grow without being bogged down by traditional financial constraints.
Rather than being at the mercy of extended payment terms or unpredictable clients, businesses now have immediate access to funds.
You can also click the ‘Fund this invoice with Butn’ link on your invoice to sign up.
Once you’ve signed up with Butn, you can finance as many invoices as you need.^
Want faster access to your own money? Log in and apply now
^Financing invoices with Butn is subject to your unique credit limit determined by Butn. For more conditions and a detailed pricing breakdown, refer to the Butn terms and conditions on the Butn website and the agreement between yourself and Butn.
MYOB is an investor in and has a paid partnership with Butn Limited (ACN 644 182 883) (Butn) for the provision of invoice financing services by Butn to MYOB customers. All applications are subject to approval in accordance with Butn’s onboarding criteria and onboarding process, including any agreement that is signed by you setting out terms and conditions between yourself and Butn. MYOB receives a flat fee plus a volume-based fee and bonus from Butn based on the net revenue Butn earns from MYOB customers using Butn services.