Facebook wants to help you get paid.
Or so the company claimed in recent days,Secret Confessions (2025) Maid in Heaven Episode 42 announcing a new program which essentially turns the social media giant into a debt collector. For a small fee, of course.
Dubbed Facebook Invoice Fast Track, the program works by buying up a company's outstanding invoices and quickly forking over the owed cash. When payment comes due, the customer with the outstanding bill then must pay Facebook directly.
"The program provides affordable, immediate cash for pay that your customers owe you," the announcement explained. Facebook said it will take a "one-time low fee" of one percent of the invoice value. Notably, Facebook intends for the program to focus on businesses that are "majority-owned, operated and controlled by racial or ethnic minorities, women, U.S. military veterans, LGBTQ+ people or individuals with disabilities."
We asked Facebook if it intends collects any fees other than the stated one percent. We also asked who, exactly, will be doing the collecting — is it a Facebook team, or a third party? — and what happens when a bill inevitably goes unpaid.
We received no immediate response.
Perhaps coincidentally, as of Nov. 30, 2021, debt collectors will be allowed to direct message people on social media platforms in an effort to chase down cash.
"Take control of your cash flow," implores the Invoice Fast Track page. "Break free from waiting for payment."
Facebook framed its latest venture as a boon to small businesses. Unsurprisingly, Facebook will be careful about which types of business are eligible for this type of financial assistance.
SEE ALSO: Google engineer who criticized company in viral comics on why he finally quit
"Generally, eligible companies must also have invoices with corporate or government customers that have an investment-grade rating," noted Facebook, which clearly intends to get paid.
The program is set to launch Oct. 1, which is when Facebook will open up the registration process.
Topics Facebook
Best robot vacuum deal: Get the Shark Matrix Plus 2
Uncrewed Russian spaceship fails, burns up in atmosphere miles above Siberia
Cute animals, musical numbers and tearjerkers abound in 2016's top viral ads
10 new video game releases to watch for in December 2016
'Thunderbolts*' mid
Dude creates what is possibly the most Australian Christmas tree ever
10 best gifts under $30 for the Snapchat addict in your life
Man catches a catfish that, simply put, is f*cking huge
In Hindsight: Some of the Worst CPU/GPUs Purchases of 2017
Nashville Season 5 will premiere on CMT in December with a preview
How to cancel your Kindle Unlimited subscription
Mysterious bread sponge is desperately trying to be 'the dress'
Donald Trump gets crafty with scotch tape on his ties
Streaming is a disaster, do not cut the cord, just don't do it
The Made in America iPhone: How much would it cost?
Mysterious bread sponge is desperately trying to be 'the dress'
If Neil deGrasse Tyson ever puts out an album, the internet has cover art suggestions
Uncrewed Russian spaceship fails, burns up in atmosphere miles above Siberia
Trump's science adviser pick is actually a good scientist
The 7 most impressive social good innovations from November
Twitch now lets you filter streams with sexual, violent, and alcoholMeta, Match Group, and more announce new antiScientists discover treasure trove of species in a cloud forestAsus's first Copilot laptop is available for preHuawei’s selfMicrosoft Edge will use AI to add realDouyin joins lowNvidia hires exMicrosoft Build 2024: Team Copilot announced. 7 wild things it can doGreat Wall MotorBest preorder deal: Buy a Samsung Galaxy Book4 Edge laptop and get a free 50Beijing calls for “prudent” practice in EU antiXiaomi Civi 4 smartphone to support satellite communication · TechNodeGet an Apple Watch Series 9 for 26% off at Best BuyBest Amazon Memorial Day Sale deal: Score the Garmin inReach Mini 2 for under $300Google's Gemini AI is coming to Honor's future smartphonesNYT's The Mini crossword answers for May 23Microsoft’s new ‘Team Copilot’ is awfully similar to Google’s ‘AI Teammate’Huawei’s selfGreat Wall Motor Brands suspend advertising on X after ads appear alongside Nazi content Radical Middle by Sadie Stein Hooray for Losers Massive Books3 collection for training AI was taken down over copyright issues Shades of Oranje by Rowan Ricardo Phillips YouTube temporarily suspends Sky News Australia for spreading COVID The Morning News Roundup for June 24, 2014 The Morning News Roundup for June 30, 2014 How to find an account on TikTok Comfort Food by Sadie Stein The Morning News Roundup for June 25, 2014 Tonga's beloved shirtless flagbearer returns for Tokyo Olympics opening ceremony Anne Hollander, 1930 How to add and easily switch between accounts on TikTok A Dream of Toasted Cheese Snapchat's My AI story was just a creepy glitch Future Library by Dan Piepenbring Let Aiden Arata, the meme queen of depression Instagram, take you through guided meditation What's new to streaming and theaters this week Mad With Desire (Kind Of)
2.8377s , 8204.8203125 kb
Copyright © 2025 Powered by 【Secret Confessions (2025) Maid in Heaven Episode 42】,Exquisite Information Network