AUSTIN, Texas, Sept. 13, 2022 (GLOBE NEWSWIRE) — Fireplace, a software program platform for house enchancment professionals, introduced right now that it has launched a brand new monetary providers product, Fireplace Banking. Fireplace Banking is the primary cash-back banking account designed particularly to assist house enchancment companies receives a commission sooner.
Utilized in mixture with Fireplace’s digital invoicing and funds instruments, Fireplace Banking helps companies entry and spend cash from ACH transactions in only one enterprise day and credit score and debit card transactions in simply two enterprise days—in comparison with 4 to seven days with different banking accounts. Because of this house enchancment enterprise house owners can entry cashflow, buy provides, and pay their workers sooner. Certified purchases with the Fireplace VISA Debit Card additionally earn cardholders 1% money again.
Says Fireplace CEO Misha Tsidulko, “Contractors are sometimes put in positions to should chase down funds, then wait to receives a commission as balances settle. Cashflow is all the pieces to small enterprise contractors, who’re underserved by huge banks and conventional monetary establishments. Professionals work laborious to serve their prospects and develop their companies, and their banking ought to meet their wants.
“Fireplace Banking is the primary and solely cash-back banking account particularly designed to assist house enchancment execs receives a commission sooner and preserve more cash of their pockets. Which means buying supplies sooner, sending paychecks sooner, and rushing up cashflow.”
Based in 2016, Fireplace is a monetary know-how firm that gives built-in software program to tens of hundreds of house enchancment professionals. The Fireplace platform helps prospects speed up their gross sales course of, receives a commission sooner, and win extra enterprise. Fireplace’s platform consists of digital quotes, contracts, invoices, funds, and buyer financing. These instruments work hand in hand to assist companies develop by successful extra jobs, automating administrative work, and giving their prospects versatile fee choices. Fireplace additionally presents personalized insurance coverage options to safe and shield house enchancment companies.
Says Tsidulko, “Residence enchancment execs are in some ways the embodiment of the American Dream—expert, hard-working people who exit to earn safety and freedom by serving their communities. Our goal is to tip the scales of their favor. Fireplace Banking is the primary of many additions particularly designed to make it straightforward for execs to develop and run their companies, and we’re simply getting began.”
Fireplace is a Fintech firm serving to house enchancment contractors develop and handle their enterprise. Backed by 8VC, Founders Fund, and different distinguished leaders in Silicon Valley, Fireplace has raised over $50M and is without doubt one of the fastest-growing corporations within the house enchancment house.
For extra info, go to https://www.gethearth.com
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Picture 1: Fireplace Banking
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