Klarna and FreshBooks Team to Bring BNPL to Small Businesses

This partnership brings professional-grade Buy Now, Pay Later (BNPL) functionality directly into the hands of small business owners and service providers who use FreshBooks. For your business, this means you can now offer flexible payment terms on your invoices without the typical headache of manual credit checks or payment chasing. When you send an invoice through FreshBooks, your customers will see Klarna as a payment option, allowing them to split their costs while you get paid the full amount upfront. The integration removes the technical barriers that often keep smaller operators from offering modern financing. There is no additional setup required to activate the feature. This is particularly valuable for service-based businesses or retailers selling high-ticket items who want to increase their conversion rates on outstanding quotes. By lowering the immediate cost barrier for your clients, you likely reduce the time it takes to get an invoice approved and paid. Klarna takes on the credit risk, so your cash flow remains stable even if the customer chooses a long-term payment plan. This move signals a shift where BNPL is no longer just for massive e-commerce sites, but a standard tool for the everyday service professional.

Source: PYMNTS

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