[b]Mountain View, California --[/b] The development team would soon be launching QuickBooks Capital for small size businesses. By leveraging data science and machine learning, QuickBooks Capital has developed a credit model so that business owners can overcome worries encountered while accessing small dollar loans.


The innovative product would empower entrepreneurs to use QuickBooks data so that they can avail credit for business performance. As a streamlined process is incorporated in the accounting tool, small businesses can access funds whenever it’s essential. It would also give a hope for business growth as 60 percent of customers would not avail loans in other way, and 45 percent have already applied for loans in the past.


Further ahead, Rania Succar, Head of QuickBooks Capital, stated that the credit model is sure to deliver amazing results even when getting capital can become a problem. The entire team is proud to present the innovative solution because it’s important for success but not served properly through options available in the market.


According to a study conducted by the Federal Reserve, 70 percent of businesses who are not as old as five years do need funds to grow. But, a mere 23 percent receive the funds and the others weren’t satisfied with the experience. It is because of these reasons 50 percent of business owners are not able to establish themselves in the first five years. QuickBooks capital would then be useful to lend loan which can help for purchasing inventory, paying for packaging or in hiring some more professionals.


Based on more than 26 million data points, the credit model of QuickBooks Capital would offer insights pertaining to the borrowing capacity. The bookkeeping tool would give an overview of cash flow and aid small businesses to integrate third party apps as well as connect their bank accounts. Eventually, they can seek income for ongoing projects once they have perceived how well the business has been growing.


Apart from delivering loans directly, the team of professionals would soon assess numerous applications for transforming the lending experience with a broader perspective.


Small businesses who can take the advantage of the offerings can access funds easily by going to the ‘Capital’ tab. They can perceive the capability to apply for a loan based on the latest developments. This actually means that they don’t have to go through the lengthy process of applying for credit or pay for high interest rates as it’s with some online lenders.


Presently, the working capital loan is as much as $35,000 for time duration of three and six months.


Feel free to contact QuickBooks technical support team to know more about how they can access funds with the help of the accounting tool.


[b]About QuickBooks Support[/b]


Since establishment, QuickBooks Support has always helped users to get the most from the bookkeeping software. Besides helping them to create personalized invoices, the experts lend help when comprehensive reports have to be generated. Issues can be resolved instantly by having an online chat or speaking with the support team available anytime during the day.