About FLOWT

FLOWT provides a platform that enables businesses to process vendor payments through credit cards, even when those vendors do not accept them. This approach allows companies to manage cash flow effectively, access credit card benefits, and optimize their financial operations for large transactions ranging from $25,000 to $1 million.

```xml <problem> Many businesses face challenges managing cash flow when vendors do not accept credit card payments, limiting their ability to access credit card benefits and optimize payment timing. This can lead to missed opportunities for early payment discounts and reduced financial flexibility, especially for large transactions. </problem> <solution> FLOWT enables businesses to process vendor payments via credit card, even if the vendor doesn't directly accept them. Businesses send invoices to FLOWT, who then sends a payment link to the client. The client pays via credit card, and FLOWT remits the payment to the vendor via ACH. This allows companies to extend their payment timelines by 30-60 days, capture early payment discounts, and earn credit card rewards on transactions up to $1,000,000. FLOWT also provides concierge support to help clients increase credit limits with card providers and maximize point value. </solution> <features> - Credit card payment processing for vendors who do not accept credit cards directly - Payment amounts from $25,000 up to $1,000,000 per transaction - Vendor payment via ACH - Concierge support for credit limit increases - Assistance with negotiating early payment discounts with vendors (1-5% potential savings) - Integration with major credit card providers - Potential to earn 2.5% cash back (e.g., Chase Ink Premier Card) or 1.5x point multiplier (e.g., American Express) </features> <target_audience> FLOWT primarily serves businesses that want to optimize cash flow, earn credit card rewards, and gain more flexible payment terms with their vendors, particularly those making large payments. </target_audience> <revenue_model> FLOWT earns a small percentage on each transaction, which is designed to be offset by the credit card rewards and early payment discounts the client receives. </revenue_model> ```

What does FLOWT do?

When was FLOWT founded?

FLOWT was founded in 2022.

Who founded FLOWT?

FLOWT was founded by Anwar Daniels.

Anwar Daniels - Founder & CEO

Founded

2022

Employees

3 employees

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FLOWT

Score: 11/100

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Executive Summary

flowtnow.com 10+

Founded 2022

Funding

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Team (<5)

Anwar Daniels

Founder & CEO

Company Description

Problem

Many businesses face challenges managing cash flow when vendors do not accept credit card payments, limiting their ability to access credit card benefits and optimize payment timing. This can lead to missed opportunities for early payment discounts and reduced financial flexibility, especially for large transactions.

Solution

FLOWT enables businesses to process vendor payments via credit card, even if the vendor doesn't directly accept them. Businesses send invoices to FLOWT, who then sends a payment link to the client. The client pays via credit card, and FLOWT remits the payment to the vendor via ACH. This allows companies to extend their payment timelines by 30-60 days, capture early payment discounts, and earn credit card rewards on transactions up to $1,000,000. FLOWT also provides concierge support to help clients increase credit limits with card providers and maximize point value.

Features

Credit card payment processing for vendors who do not accept credit cards directly

Payment amounts from $25,000 up to $1,000,000 per transaction

Vendor payment via ACH

Concierge support for credit limit increases

Assistance with negotiating early payment discounts with vendors (1-5% potential savings)

Integration with major credit card providers

Potential to earn 2.5% cash back (e.g., Chase Ink Premier Card) or 1.5x point multiplier (e.g., American Express)

Target Audience

FLOWT primarily serves businesses that want to optimize cash flow, earn credit card rewards, and gain more flexible payment terms with their vendors, particularly those making large payments.

Revenue Model

FLOWT earns a small percentage on each transaction, which is designed to be offset by the credit card rewards and early payment discounts the client receives.