Bench and Clearbanc Announce Partnership to Help U.S. Small Business Owners

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The Bench Team

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August 20, 2019

This article is Tax Professional approved

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Bench and Clearbanc are excited to announce a partnership where Bench clients get access to Clearbanc Growth Capital while Clearbanc clients get access to preferred pricing on Bench Bookkeeping services if they are a new Bench customer.

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“Bench is the largest bookkeeping service for small businesses across the United States and we recognize the importance of capital to fuel growth of our software and ecommerce clients, who are in a position to capitalize on a rare opportunity for rapid growth in an unpredictable economy” says says Rachel Halldorson, Partner Growth Manager at Bench.

In addition to the insights that Bench’s bookkeepers provide to their clients, Bench’s clients will receive access to Clearbanc’s Valuation and Benchmarking tools to see how their businesses are performing relative to their peers.

“Clearbanc has already invested over $1 billion into more than 2,800 companies across all 50 states. As the biggest backer of founders, we’re always looking for more ways to empower entrepreneurs to grow their business,” says Daniel Rodic, Head of Market Development at Clearbanc. “Partnering with Bench not only helps our companies better manage their financials, but also allows us to invest in more companies to ensure they can spend their time doing what they do best—creating value for the world by building their business.”

Bench’s bookkeeping team have been specifically trained on helping Clearbanc Founders get quickly caught up on their financials if needed to qualify for future advances. Long term, Clearbanc and Bench will explore ways to further integrate their services and technology to offer a more end-to-end experience for their mutual clients.

Clearbanc clients can reach out to their assigned Investment Associate to learn more about how to take advantage of the Bench partnership.

Bench clients can visit this link to see what capital they are eligible for with Clearbanc.

This post is to be used for informational purposes only and does not constitute legal, business, or tax advice. Each person should consult his or her own attorney, business advisor, or tax advisor with respect to matters referenced in this post. Bench assumes no liability for actions taken in reliance upon the information contained herein.
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