AUSTIN, Texas, Sept. 13, 2022 (GLOBE NEWSWIRE) — Hearth, a software program platform for dwelling enchancment professionals, introduced at the moment that it has launched a brand new monetary companies product, Hearth Banking. Hearth Banking is the primary cash-back banking account designed particularly to assist dwelling enchancment companies receives a commission sooner.
Used together with Hearth’s digital invoicing and funds instruments, Hearth Banking helps companies entry and spend cash from ACH transactions in only one business day and credit score and debit card transactions in simply two business days—in comparison with 4 to seven days with different banking accounts. This implies that dwelling enchancment business homeowners can entry cashflow, buy provides, and pay their workers sooner. Qualified purchases with the Hearth VISA Debit Card additionally earn cardholders 1% money again.
Says Hearth CEO Misha Tsidulko, “Contractors are often put in positions to have to chase down payments, then wait to get paid as balances settle. Cashflow is everything to small business contractors, who are underserved by big banks and traditional financial institutions. Pros work hard to serve their customers and grow their businesses, and their banking should meet their needs.
“Hearth Banking is the primary and solely cash-back banking account particularly designed to assist dwelling enchancment execs receives a commission sooner and hold extra money of their pockets. That means buying supplies sooner, sending paychecks sooner, and dashing up cashflow.”
Founded in 2016, Hearth is a financial technology company that provides integrated software to tens of thousands of home improvement professionals. The Hearth platform helps customers accelerate their sales process, get paid faster, and win more business. Hearth’s platform includes digital quotes, contracts, invoices, payments, and customer financing. These tools work hand in hand to help businesses grow by winning more jobs, automating administrative work, and giving their customers flexible payment options. Hearth also offers customized insurance solutions to secure and protect home improvement businesses.
Says Tsidulko, “Home 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 purpose is to tip the scales of their favor. Hearth Banking is the primary of many additions particularly designed to make it simple for execs to develop and run their companies, and we’re simply getting began.”
About Hearth
Hearth is a Fintech company helping home improvement contractors grow and manage their business. Backed by 8VC, Founders Fund, and other prominent leaders in Silicon Valley, Hearth has raised over $50M and is one of the fastest-growing companies in the home improvement space.
For more information, visit https://www.gethearth.com
PR contact: Renee Bruner, [email protected]
Related Images
Image 1: Hearth Banking
This content material was issued by the press launch distribution service at Newswire.com.
