With all of the financial data that QuickBooks has at its fingertips, it’s no wonder why the accounting platform can link up with alternative lending partners to offer an array of financing options to its small business users. But according to Jeff Kaufman, QuickBooks Financing’s project leader, there was something missing.

“We definitely noticed a hole in terms of invoice financing,” he told PYMNTS.

In an announcement earlier this month, QuickBooks announced that it would be filling that hole through the help of Fundbox. But the service is not a traditional factoring tool. Kaufman explained how, and why, QuickBooks decided to go with Fundbox to tap into this type of lending service for SMEs.