Running a small business takes courage, passion, and grit — and with that comes both challenges and possibilities. The right tools can help lighten the load, spark confidence, and make the journey more rewarding. That’s why we built Gusto. Today, more than 500,000 businesses use our platform to hire, pay, and support their teams all in one place.
We connect with small businesses every day, and cash flow is often the most pressing challenge they face. More than a third of small businesses sought funding in 2024, and four in five businesses that started in 2024 used either personal or external financing, with more than half relying on personal contributions. But our research shows that most owners don’t need huge loans, they just need a way to handle situations where customer payments are delayed but expenses need to be paid out, or times when there are unexpected expenses.
Today, we’re introducing new solutions to help small businesses manage their cash flow and lower cost of benefits, seamlessly integrated within the platform they already use for payroll, benefits, and HR services.
Simplify Cash Flow Management with Gusto Money
Meet Gusto Money, anew way to help smooth cash flow and make day-to-day financial decisions easier, including:
Payroll Bridge, powered by Parafin, provides quick access to a payroll line of credit when timing is tight.
Bill Pay allows you to schedule vendor payments on your terms.
Invoicing enables you to send invoices, track them, and get paid faster.
“My business needed to pay cash for inventory to prepare for the holiday season, which meant I was going to have to run payroll late in order to keep our production schedule on track. With Payroll Bridge, I was able to get quick and easy access to a payroll line of credit to pay my employees on time. It was a great parachute to be able to easily cover expenses during a time of cash flow stress,” said Aaron Oppenheimer, founder of Color + Light.
And soon, we’ll launch a dashboard to provide businesses more clarity into their finances.
Pay Your Team Faster
We’re excited to offer new flexible payroll timing options so you can keep cash longer, and always pay your team on time.
Instant Pay and Same-Day Pay
With our new Instant Pay feature, eligible businesses can pay employees with confidence even when running behind. We help identify when an employer might be late to issue payroll, and they can then use Instant Pay to deliver payroll on time. Our technology sets a new benchmark for instant payroll by determining the fastest way to pay employees regardless of where they bank. For those that have more time, the Same-Day Pay option processes payments within hours instead of days.
On-Demand Pay for Employees
On-Demand Pay powered by Clair is now available to more employees and offers higher limits.# When unexpected expenses arise, eligible employees can access advances between paydays through On-Demand Pay, all within the Gusto app, with no interest charges, credit checks, or required fees.#
As the top requested feature by employees, we’re proud to include this benefit in all Gusto subscription plans at no additional cost. Plus, employers won’t need to make any adjustments to payroll, even if their employees choose to use On-Demand Pay.
Faster Global Payouts with Stablecoins
In the coming weeks, we will introduce a new option for international contractor payments using stablecoins — a faster, lower cost and more flexible way to get paid via our partners.
Here’s how it works:
Employers pay in cash (just like they do today).
Gusto will enable contractors to receive stablecoins in a secure crypto wallet of their choice.
This means faster payments and more control for international contractors; they can decide how and when to convert their stablecoins into local currency based on what works best for them.
We’re also improving payment transparency for international contractors. Contractors can now see when payments are initiated and estimates for when funds will hit their bank accounts. Additionally, employers can soon pay their global contractors enabling same day payments for eligible customers.
Lower Cost of Benefits with Level-Funded Insurance
Health benefits shouldn’t break the budget. We know that rising healthcare costs is a top concern for businesses so to address this, we’re introducing level-funded health plans through Gusto Benefits. This gives business flexibility and choice to design a benefits package that’s best for their team and their budget. On average, businesses can save 20% on premiums with level-funded plans.
Liability Insurance for Small Businesses
We’re also now offering liability insurance, powered by NEXT insurance, so that businesses can get the right policy for their needs whether that’s a business owner policy, general liability, or professional liability.
Learn more about all of our new product releases from Gusto Showcase.
#All Advances are originated by Pathward®, N.A. All Advances are subject to eligibility criteria and application review. Per pay period advance amounts may vary and are based on factors including repayment history. Terms and conditions apply. On-Demand Pay provided by Clair. Clair is a financial services company, not a bank.
# If you choose to have your Advance disbursed instantly, you will be charged a $4.50 fee per advance. This instant transfer fee will be charged to your Gusto Spending account right after disbursement. Instant Transfers typically occur in seconds, but may take up to 30 minutes.
THIS IS A LOAN SOLICITATION ONLY. GUSTO, INC. IS NOT THE LENDER. INFORMATION RECEIVED WILL BE SHARED WITH ONE OR MORE THIRD PARTIES IN CONNECTION WITH YOUR LOAN INQUIRY. THE LENDER MAY NOT BE SUBJECT TO ALL VERMONT LENDING LAWS. THE LENDER MAY BE SUBJECT TO FEDERAL LENDING LAWS.
