An IOU is a documented accepting that a debt is owed. Account receivable is usually referred to as IOUs in business. Historically the term IOU dates back to the 18th century, and have always been assumed as a written agreement which although is informal has a legally binding commitment. IOU's are still majorly used today. An IOU made between individuals making business may be followed up with another written agreement that is more formal.
About IOU Financial
IOU financial specializes in offering small businesses in Canda and the US access to the capital that they may require to grab opportunities for fast growth. It is a platform that links to multiple sources of data, automatically processing and aggregating hundreds of data point's on business in seconds. This groundbreaking technology that IOU financial offers have made it possible to reduce the time that small businesses take to lend from months to one that can be done very easily online, and within hours it is funded.
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Product and services of IOU financial
IOU financial offers loans of up to $100,000 to qualified Canadian applicants juts within a few business days, offering the advantage of favourable and affordable charges. Customer has trusted it due to its transparency and speed. Clients of IOU financial includes dental and medical practices, retail and grocery stores, gas stations, salons, restaurants and auto repair shops.
Compliments, complaints and tips of IOU financial
The company is headquartered in Montreal, Canada with operations in metro Atlanta, Georgia. Since its inception, IOU Financial has funded more than US$700 million in loans. IOU ensures it keeps competitive by being fast, responsible, trustworthy and consistent. The application process is quick in that it only takes minutes, and one can receive funds in just 24 to 48 minutes. It also responsibly uses technology, ensuring it keeps the trust of its clients and keeps its service quality consistently high. If you have used their products, leave a review on allreviews.ca.
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