Entrepreneur

This Startup Bridges Cash Flow Gaps, One Invoice at a Time

Fundbox chases down the payments for you. Here's how it works.
In the clear: Eyal Shinar.

Chasing down late payments from clients was par for the course for Martin Stevens. Diversified Technical Support, his IT company in Portage, Ind., regularly carried up to $5,000 in outstanding balances per year. That is, until Stevens signed up for Fundbox—a financial-technology company that doles out low-cost advances on invoices of $100 to $20,000.

Gone are his days of sending Net

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