Cooperative Business Services Partners with NOWaccount® to Provide Small Businesses with Growth Capital

Cooperative Business Services (CBS) understands the challenges small businesses face in today's market, and our priority is to help your business grow by delivering innovative funding solutions that work best for you.  To enhance your access to capital, CBS has partnered with NOWaccount® – the first merchant service that works for B2B.

With NOWaccount, you choose which accounts you want to receive payment on NOW®, while your business and government customers continue to enjoy the free and flexible payment terms they require.

If your customers take 30, 60, or even 90 days or more to pay, NOWaccount lets you turn your receivables into cash – all for the same or less than the cost of accepting a credit card for payment.

With NOWaccount:

  • You choose which customers to enter into your NOWaccount.

  • All of the selected customer’s invoices are submitted into your NOWaccount.
         • Customers may be removed from the system at anytime, but once removed, 
           they may not be reentered for 12 months.

  • You receive approval decisions on your selected customers within 48 hours.

  • NOWaccount pays 90% of the invoice amount, less any applicable surcharge, 
    within 5 business days of invoice submission

  • You receive the 10% reserve, less the 2.5% fee, 30 days after invoice maturity.
    (minimum 60 days after purchase)
  • Your fee is based on the payment terms you offer, not when, or if, the customer pays. Fee equals:
         • 2.50% for up to Net 30 Day Invoice
         • 0.25% surcharge for additional 30 Day terms
     (Ex. Net 60 = 2.75%, Net 90 = 3.00%)
         • 1% surcharge for customers outside the U.S.
         • $35/mo. Merchant Service Fee
     (waived by CBS)

  • You have no credit risk on the customer.
         • NOWaccount assumes liability for customer payments.
         • You are responsible for satisfying customer disputes.


    NOWaccount® is…

    Fast apply in minutes, get paid in days

    Affordablecosts less than accepting a credit card for payment 

    Flexible no long-term contract, you choose which accounts to enter into your NOWaccount or remove at any time 

    Convenientget paid NOW® and offload accounts receivables activities 

    Non-recourseyou have no risk of customer non-payment 

    Non-intrusivelargely invisible to customers

    Not a loanno financial documentation and no personal guarantees required 

    For more information, visit or call 404.921.5300, Ext. 1