Finance for ecommerce
If you do business online, there are plenty of alternative finance platforms available — it all depends on your business circumstances. Here's a guide to business loans and finance for ecommerce firms.
What can I get with finance for ecommerce?
- Fast growth e.g. employing more staff or purchasing brand new equipment
- Stock purchases
- General cash flow obligations such as wages, tax and rents
- Invest in your digital marketing and online presence – as you well know, the 'front door' to your shop!
Fast business loans
Being in a rapidly changing marketplace, your business needs to take advantage of new opportunities as soon as they emerge. Fast business loans can be obtained from lenders who have experience in the online market, and will look at your credit score and trading history to give an instant decision. These lenders will be giving you a credit line to access on the same day as your application.
Finance for growth
Whether you trade on eBay, Magento, Amazon or an equivalent service, lenders’ systems can integrate to analyse your online accounts (such as PayPal or cloud accounting software) to determine trends and your affordability immediately. It’s never been easier to apply for funding because the information is so easily accessible to lenders. Some lenders will even assess customer reviews to tell them all they need to know about your business, and base decisions on that.