DueCourse, the cloud-based financing service for SMEs, has been approved as a trusted financial services provider for the Xero App Marketplace.
The Manchester company is all about getting small businesses paid when deserved; the moment they send an invoice. The announcement cements the company’s status as a leader in the cloud finance market, particularly for small businesses using cloud accounting.
Available to Xero users since September 2015, DueCourse passed a rigorous testing process to ensure that it offers a high quality experience to Xero customers.
Businesses using Xero can connect to the DueCourse app from the Xero app store, part of the platform’s ecosystem.
Paul Haydock, CEO at DueCourse, says: “Partnering with Xero is the result of hard work by both companies to ensure that our customers receive the best possible experience when using DueCourse with Xero.”
"Partnering with Xero is the result of hard work by both companies to ensure that our customers receive the best possible experience when using DueCourse with Xero"
Paul Haydock, CEO DueCourse
“From the start of our working relationship we’ve developed our product with Xero’s users in mind and being included in the App Marketplace confirms that we are one of their trusted providers of finance to small businesses across the UK.”
DueCourse’s smart technology allows small businesses to get paid within hours of sending an invoice, rather than waiting 30, 60 or even 90 days. This is done through connecting their Xero account with DueCourse’s online technology, and means that small business owners can focus on doing the things they love, rather than chasing invoices and worrying about cash flow.
Xero offers easy to use accounting software for small businesses and their advisors. The company has over 800,000,000 subscribers in more than 180 countries. Gary Turner, UK Managing Director at Xero, says: “The philosophy is simple; better accounting data leads to better decisions and easier access to capital needed by so many small businesses.”
Joining DueCourse in Xero’s business finance marketplace are working capital lender, iwoca, and peer-to-peer lender, MarketInvoice.
Xero approval follows DueCourse securing £6.25 million of investment in its latest round of funding; the largest investment seen outside of London for a FinTech company. New backers include the founders and investors of Zoopla, LoveFilm, TransferWise and LinkedIn.
For more information about how DueCourse helps improve cash flow for small businesses visit www.duecourse.com
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