A business line of credit lets a company borrow up to a certain amount of money from a lender with the intention of paying it back. It is a type of revolving loan, which means (in the case of a credit card) the lender only charges interest on the amount borrowed, not the full credit limit, and once the credit is repaid, the business can borrow from the credit line again without a new approval process. This process probably sounds familiar to anyone with a personal credit card.
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Help clients make timely and strategic business decisions based on timely cash flow data—without having to build financial models.
What you need is a tool that will give your firm real-time visibility and empower your clients to enforce their budgets and stay on top of spend.
These are some of the most important topics to cover when training your staff on BILL Spend & Expense.
In this guide, we’ll go over the most important topics for you to cover when training your staff on how to use and implement BILL Spend & Expense in your firm's offerings.