{"componentChunkName":"component---src-templates-tide-templates-kv-2-template-index-tsx","path":"/knowledge/finance-for-ecommerce/","result":{"pageContext":{"slug":"finance-for-ecommerce","contentful_id":"bk7YgyjLLIhR8NPzlMZ8D","title":"Risk free business loans for your ecommerce business","metaDescription":"Ecommerce companies can avail of a flexible risk-free approach to financing their online business including merchant cash advances and invoice financing","isNoindex":false,"seo":null,"hero":{"title":"Finance for ecommerce businesses","description":{"raw":"{\"nodeType\":\"document\",\"data\":{},\"content\":[{\"nodeType\":\"paragraph\",\"data\":{},\"content\":[{\"nodeType\":\"text\",\"value\":\"There are many different types of ecommerce lending products that will suit ecommerce business owners from merchant cash advances to asset finance. Deciding what's best for you will depend on the type of business and industry in which you trade.\",\"marks\":[],\"data\":{}}]}]}"},"heroImage":{"image":{"gatsbyImageData":{"images":{"sources":[{"srcSet":"https://images.ctfassets.net/7y9qslt4dryp/6DpeoXbQIXx7KXgpbtTVRt/a1435e39dd90aa212446a030528c4c97/4.png?w=84&h=84&q=80&fm=webp 84w,\nhttps://images.ctfassets.net/7y9qslt4dryp/6DpeoXbQIXx7KXgpbtTVRt/a1435e39dd90aa212446a030528c4c97/4.png?w=168&h=168&q=80&fm=webp 168w,\nhttps://images.ctfassets.net/7y9qslt4dryp/6DpeoXbQIXx7KXgpbtTVRt/a1435e39dd90aa212446a030528c4c97/4.png?w=335&h=335&q=80&fm=webp 335w,\nhttps://images.ctfassets.net/7y9qslt4dryp/6DpeoXbQIXx7KXgpbtTVRt/a1435e39dd90aa212446a030528c4c97/4.png?w=670&h=670&q=80&fm=webp 670w","sizes":"(min-width: 335px) 335px, 100vw","type":"image/webp"}],"fallback":{"src":"https://images.ctfassets.net/7y9qslt4dryp/6DpeoXbQIXx7KXgpbtTVRt/a1435e39dd90aa212446a030528c4c97/4.png?w=335&h=335&q=80&fm=png","srcSet":"https://images.ctfassets.net/7y9qslt4dryp/6DpeoXbQIXx7KXgpbtTVRt/a1435e39dd90aa212446a030528c4c97/4.png?w=84&h=84&q=80&fm=png 84w,\nhttps://images.ctfassets.net/7y9qslt4dryp/6DpeoXbQIXx7KXgpbtTVRt/a1435e39dd90aa212446a030528c4c97/4.png?w=168&h=168&q=80&fm=png 168w,\nhttps://images.ctfassets.net/7y9qslt4dryp/6DpeoXbQIXx7KXgpbtTVRt/a1435e39dd90aa212446a030528c4c97/4.png?w=335&h=335&q=80&fm=png 335w,\nhttps://images.ctfassets.net/7y9qslt4dryp/6DpeoXbQIXx7KXgpbtTVRt/a1435e39dd90aa212446a030528c4c97/4.png?w=670&h=670&q=80&fm=png 670w","sizes":"(min-width: 335px) 335px, 100vw"}},"layout":"constrained","width":335,"height":335,"placeholder":{"fallback":"data:image/png;base64,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"}}},"imageDesktop":{"gatsbyImageData":{"images":{"sources":[{"srcSet":"https://images.ctfassets.net/7y9qslt4dryp/158IaWk5guGDZA77Wy0Zf5/dbb94bb3d704019a5d59702013330951/4.png?w=150&h=231&q=80&fm=webp 150w,\nhttps://images.ctfassets.net/7y9qslt4dryp/158IaWk5guGDZA77Wy0Zf5/dbb94bb3d704019a5d59702013330951/4.png?w=300&h=462&q=80&fm=webp 300w,\nhttps://images.ctfassets.net/7y9qslt4dryp/158IaWk5guGDZA77Wy0Zf5/dbb94bb3d704019a5d59702013330951/4.png?w=600&h=923&q=80&fm=webp 600w","sizes":"(min-width: 600px) 600px, 100vw","type":"image/webp"}],"fallback":{"src":"https://images.ctfassets.net/7y9qslt4dryp/158IaWk5guGDZA77Wy0Zf5/dbb94bb3d704019a5d59702013330951/4.png?w=600&h=923&q=80&fm=png","srcSet":"https://images.ctfassets.net/7y9qslt4dryp/158IaWk5guGDZA77Wy0Zf5/dbb94bb3d704019a5d59702013330951/4.png?w=150&h=231&q=80&fm=png 150w,\nhttps://images.ctfassets.net/7y9qslt4dryp/158IaWk5guGDZA77Wy0Zf5/dbb94bb3d704019a5d59702013330951/4.png?w=300&h=462&q=80&fm=png 300w,\nhttps://images.ctfassets.net/7y9qslt4dryp/158IaWk5guGDZA77Wy0Zf5/dbb94bb3d704019a5d59702013330951/4.png?w=600&h=923&q=80&fm=png 600w","sizes":"(min-width: 600px) 600px, 100vw"}},"layout":"constrained","width":600,"height":923,"placeholder":{"fallback":"data:image/png;base64,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"}}}}},"pageComponents":[{"accordion":{"title":"Benefits of an e-commerce business loan","description":"There are many advantages to securing an ecommerce loan, and they include the following:","accordionItem":[{"id":"748f52e0-5667-57fe-9528-973bd82bf53f","label":"Preserving cash reserves","content":{"raw":"{\"data\":{},\"content\":[{\"data\":{},\"content\":[{\"data\":{},\"marks\":[],\"value\":\"You might be torn between using some cash you have saved up to get what you need to run your business, yet with so much uncertainty in the market, business owners are turning to \",\"nodeType\":\"text\"},{\"data\":{\"uri\":\"https://www.fundingoptions.com/blog/education/10-alternative-funding-options-for-small-businesses/\"},\"content\":[{\"data\":{},\"marks\":[],\"value\":\"alternative funding options\",\"nodeType\":\"text\"}],\"nodeType\":\"hyperlink\"},{\"data\":{},\"marks\":[],\"value\":\", rather than dipping into cash reserves.\",\"nodeType\":\"text\"}],\"nodeType\":\"paragraph\"}],\"nodeType\":\"document\"}"}},{"id":"e76cf6cc-9e0d-5701-87c3-da5a6c2ef1eb","label":"Fixed repayments","content":{"raw":"{\"data\":{},\"content\":[{\"data\":{},\"content\":[{\"data\":{},\"marks\":[],\"value\":\"Repayments are fixed and affordable.\",\"nodeType\":\"text\"}],\"nodeType\":\"paragraph\"}],\"nodeType\":\"document\"}"}},{"id":"5f55215f-fd29-5f42-86e1-2e34ecdb90ca","label":"Growth","content":{"raw":"{\"data\":{},\"content\":[{\"data\":{},\"content\":[{\"data\":{},\"marks\":[],\"value\":\"You use your cash to expand your business.\",\"nodeType\":\"text\"}],\"nodeType\":\"paragraph\"}],\"nodeType\":\"document\"}"}},{"id":"1aff651a-050c-5b32-a3f4-d7aadf9ad097","label":"Online process","content":{"raw":"{\"data\":{},\"content\":[{\"data\":{},\"content\":[{\"data\":{},\"marks\":[],\"value\":\"Entire process can now be done online.\",\"nodeType\":\"text\"}],\"nodeType\":\"paragraph\"}],\"nodeType\":\"document\"}"}},{"id":"cc4883c7-783e-5c55-885c-be81fce558d9","label":"Keep equity ","content":{"raw":"{\"data\":{},\"content\":[{\"data\":{},\"content\":[{\"data\":{},\"marks\":[],\"value\":\"Won’t need to sell part of your business to raise money.\",\"nodeType\":\"text\"}],\"nodeType\":\"paragraph\"}],\"nodeType\":\"document\"}"}},{"id":"f4c92ab7-623e-583e-b40b-c13427222933","label":"Trusted advisors","content":{"raw":"{\"data\":{},\"content\":[{\"data\":{},\"content\":[{\"data\":{},\"marks\":[],\"value\":\"Trusted advisors will talk you through the process from start to finish.\",\"nodeType\":\"text\"}],\"nodeType\":\"paragraph\"}],\"nodeType\":\"document\"}"}}],"expandedAccordionItems":null},"sys":{"contentType":{"sys":{"id":"templatesV2SectionAccordionAndForm"}}}},{"sys":{"contentType":{"sys":{"id":"templatesV2SectionHowDoesItWork"}}}},{"id":"23bbe9a5-c7a6-54c5-b7d2-44d81e5a7e44","placeholder":"Trustpilot carrousel","sys":{"contentType":{"sys":{"id":"templatesV2SectionTrustpilotCarrousel"}}}},{"title":"Types of ecommerce lending products?","descriptionCards":[{"title":"Business finance facilities","icon":"Hand holding bag of money","description":{"raw":"{\"data\":{},\"content\":[{\"data\":{},\"content\":[{\"data\":{},\"marks\":[],\"value\":\"In a utopian business world, business owners would always have enough cash for purchases, however, in reality, most expenses for web-based businesses are done through business finance facilities such as merchant cash advances, invoice financing, business loans, and asset finance.\",\"nodeType\":\"text\"}],\"nodeType\":\"paragraph\"}],\"nodeType\":\"document\"}"}},{"title":"Merchant cash advances","icon":"House and coins","description":{"raw":"{\"data\":{},\"content\":[{\"data\":{},\"content\":[{\"data\":{},\"marks\":[],\"value\":\"One of the latest funding options available to ecommerce businesses including online retail businesses are \",\"nodeType\":\"text\"},{\"data\":{\"uri\":\"https://www.fundingoptions.com/knowledge/merchant-cash-advance/\"},\"content\":[{\"data\":{},\"marks\":[],\"value\":\"merchant cash advances\",\"nodeType\":\"text\"}],\"nodeType\":\"hyperlink\"},{\"data\":{},\"marks\":[],\"value\":\". This is a handy source of cash that is based on monthly average card transactions done via your card payment terminal. The cash advance plus a fixed fee is payable as an agreed percentage of daily credit/debit card sales for the duration of the loan period.\",\"nodeType\":\"text\"}],\"nodeType\":\"paragraph\"}],\"nodeType\":\"document\"}"}},{"title":"Invoice financing","icon":"Wallet","description":{"raw":"{\"nodeType\":\"document\",\"data\":{},\"content\":[{\"nodeType\":\"paragraph\",\"data\":{},\"content\":[{\"nodeType\":\"text\",\"value\":\"Another type of financing used by web businesses is \",\"marks\":[],\"data\":{}},{\"nodeType\":\"hyperlink\",\"data\":{\"uri\":\"https://www.fundingoptions.com/knowledge/invoice-finance/\"},\"content\":[{\"nodeType\":\"text\",\"value\":\"invoice financing\",\"marks\":[],\"data\":{}}]},{\"nodeType\":\"text\",\"value\":\", where the business owner offers up unpaid customer invoices as security, which gives the business access to cash based on a percentage of the total invoice value — can be as quick as 24 hours to complete. Like with all other types of business loans, the amount of money on the cards is dependent on the lender's risk assessment. \",\"marks\":[],\"data\":{}}]}]}"}},{"title":"Business loans","icon":"Banking institution","description":{"raw":"{\"nodeType\":\"document\",\"data\":{},\"content\":[{\"nodeType\":\"paragraph\",\"data\":{},\"content\":[{\"nodeType\":\"text\",\"value\":\"One of the most popular types of lending is the classic \",\"marks\":[],\"data\":{}},{\"nodeType\":\"hyperlink\",\"data\":{\"uri\":\"https://www.fundingoptions.com/knowledge/business-loans/\"},\"content\":[{\"nodeType\":\"text\",\"value\":\"business loan\",\"marks\":[],\"data\":{}}]},{\"nodeType\":\"text\",\"value\":\", which comes as either a \",\"marks\":[],\"data\":{}},{\"nodeType\":\"hyperlink\",\"data\":{\"uri\":\"https://www.fundingoptions.com/knowledge/secured-business-loans/\"},\"content\":[{\"nodeType\":\"text\",\"value\":\"secured business loan\",\"marks\":[],\"data\":{}}]},{\"nodeType\":\"text\",\"value\":\" or an \",\"marks\":[],\"data\":{}},{\"nodeType\":\"hyperlink\",\"data\":{\"uri\":\"https://www.fundingoptions.com/knowledge/unsecured-business-loans/\"},\"content\":[{\"nodeType\":\"text\",\"value\":\"unsecured business loan\",\"marks\":[],\"data\":{}}]},{\"nodeType\":\"text\",\"value\":\", and it’s important to know the \",\"marks\":[],\"data\":{}},{\"nodeType\":\"hyperlink\",\"data\":{\"uri\":\"https://www.fundingoptions.com/knowledge/secured-vs-unsecured-loans/\"},\"content\":[{\"nodeType\":\"text\",\"value\":\"differences between the two\",\"marks\":[],\"data\":{}}]},{\"nodeType\":\"text\",\"value\":\", the main one being the use of collateral in the form of assets, which can allow the borrower to loan higher sums of money with better terms and interest rates.\",\"marks\":[],\"data\":{}}]}]}"}},{"title":"Asset finance","icon":"Document and coins","description":{"raw":"{\"nodeType\":\"document\",\"data\":{},\"content\":[{\"nodeType\":\"paragraph\",\"data\":{},\"content\":[{\"nodeType\":\"text\",\"value\":\"Asset finance can make life easier for online businesses to buy, use, and benefit from valuable assets without having to make a large upfront cash payment, instead you can pay a fixed monthly amount to better manage cash flow. Many businesses will be familiar with equipment leasing and hire purchase, as these are the most popular types of asset finance for online companies. The big advantage of \",\"marks\":[],\"data\":{}},{\"nodeType\":\"hyperlink\",\"data\":{\"uri\":\"https://www.fundingoptions.com/knowledge/asset-finance/\"},\"content\":[{\"nodeType\":\"text\",\"value\":\"asset finance\",\"marks\":[],\"data\":{}}]},{\"nodeType\":\"text\",\"value\":\" is that the responsibility for maintenance lies with the lender, at the end of the contract, you can return the machine/equipment to the lessor or take full ownership of the asset.\",\"marks\":[],\"data\":{}}]}]}"}}],"sys":{"contentType":{"sys":{"id":"templatesV2SectionFinancialProductInfo"}}}},{"title":"Estimate your costs today","description":"If you're ready to take your business to the next level, use our business loans calculator to get an idea of what you can afford.","calculatorType":"Business loans","sys":{"contentType":{"sys":{"id":"templatesV2SectionCalculator"}}}},{"id":"5b9cd6b2-27a8-50eb-b716-79fb781d28e4","sys":{"contentType":{"sys":{"id":"templatesV2SectionListOfExpandedItems"}}},"title":"What is ecommerce financing?","items":[{"icon":"Hand holding bag of money","title":"Ecommerce business","description":{"raw":"{\"data\":{},\"content\":[{\"data\":{},\"content\":[{\"data\":{},\"marks\":[],\"value\":\"If you operate an online company that sells products or services on the web, you own an ecommerce business. \",\"nodeType\":\"text\"}],\"nodeType\":\"paragraph\"}],\"nodeType\":\"document\"}"}},{"icon":"Plant vase","title":"Working capital","description":{"raw":"{\"data\":{},\"content\":[{\"data\":{},\"content\":[{\"data\":{},\"marks\":[],\"value\":\"And, if you plan to grow that business, at some point you will need to look at funding options for working capital, new equipment, machinery, or if you plan on opening a new premises. \",\"nodeType\":\"text\"}],\"nodeType\":\"paragraph\"}],\"nodeType\":\"document\"}"}},{"icon":"Rocket","title":"Finance","description":{"raw":"{\"data\":{},\"content\":[{\"data\":{},\"content\":[{\"data\":{},\"marks\":[],\"value\":\"That’s where ecommerce finance comes into play. \",\"nodeType\":\"text\"}],\"nodeType\":\"paragraph\"}],\"nodeType\":\"document\"}"}}]},{"id":"24428e30-f0aa-5084-8914-61f25e4b38bf","sys":{"contentType":{"sys":{"id":"templatesV2SectionListOfExpandedItems"}}},"title":"How do I apply?","items":[{"icon":"Hand holding bag of money","title":"Registered business","description":{"raw":"{\"nodeType\":\"document\",\"data\":{},\"content\":[{\"nodeType\":\"paragraph\",\"data\":{},\"content\":[{\"nodeType\":\"text\",\"value\":\"If your business has a website and you receive payments for products or services you are eligible to apply for ecommerce financing. Direct-to-consumer businesses, online retailers, Software as a Service, and online marketplaces are all eligible for ecommerce finance. However, if you are not one of the above, you may still be able to secure a merchant cash advance or a regular business loan. The business will need to be registered in England or Wales to satisfy most lenders’ eligibility criteria for ecommerce finance.\",\"marks\":[],\"data\":{}}]}]}"}},{"icon":"Computer and Mobile phone","title":"Trading history","description":{"raw":"{\"data\":{},\"content\":[{\"data\":{},\"content\":[{\"data\":{},\"marks\":[],\"value\":\"You must own a limited company or sole tradership, have a trading history of 12 months+ (depending on the lender this can vary), and on average you transact more than £10,000 a month through your business bank account (again this may vary from lender to lender.)\",\"nodeType\":\"text\"}],\"nodeType\":\"paragraph\"}],\"nodeType\":\"document\"}"}},{"icon":"Money bill","title":"Quickly compare offers","description":{"raw":"{\"data\":{},\"content\":[{\"data\":{},\"content\":[{\"data\":{},\"marks\":[],\"value\":\"One additional perk of using a lending platform to find the best deal is the ability to quickly compare offers from different lenders, without having to spend days doing this manually. You can focus on running your ecommerce business while a lending platform does this automatically using an algorithm, bypassing the need for a middleman like a credit broker.\",\"nodeType\":\"text\"}],\"nodeType\":\"paragraph\"}],\"nodeType\":\"document\"}"}}]},{"id":"9da41b95-3b14-5924-89e0-18c6d1132f3c","sys":{"contentType":{"sys":{"id":"templatesV2SectionListOfExpandedItems"}}},"title":"What can I use the money for?","items":[{"icon":"Money bill","title":"Multipurpose","description":{"raw":"{\"data\":{},\"content\":[{\"data\":{},\"content\":[{\"data\":{},\"marks\":[],\"value\":\"The great thing about ecommerce loans is that they are multipurpose. Business owners can use the capital for marketing, stock, repairs, purchases, legal fees, working capital or any other expense that is related to trading. It will depend on the lender, but most don’t dictate how the money should be spent, however, bear in mind that \",\"nodeType\":\"text\"},{\"data\":{\"uri\":\"https://www.fundingoptions.com/knowledge/personal-guarantees/\"},\"content\":[{\"data\":{},\"marks\":[],\"value\":\"guarantees\",\"nodeType\":\"text\"}],\"nodeType\":\"hyperlink\"},{\"data\":{},\"marks\":[],\"value\":\" and indemnities may be required. \",\"nodeType\":\"text\"}],\"nodeType\":\"paragraph\"}],\"nodeType\":\"document\"}"}},{"icon":"Plant vase","title":"Scan the market","description":{"raw":"{\"data\":{},\"content\":[{\"data\":{},\"content\":[{\"data\":{},\"marks\":[],\"value\":\"With the help of a lending platform like Funding Options, you can quickly scan the market to find the most suitable ecommerce financing option for your business. They can introduce applicants, figure out ways to improve your credit score, or negotiate on your behalf in respect of stipulations like personal guarantees and collateral.\",\"nodeType\":\"text\"}],\"nodeType\":\"paragraph\"}],\"nodeType\":\"document\"}"}},{"icon":"Computer and Mobile phone","title":"Many options ","description":{"raw":"{\"data\":{},\"content\":[{\"data\":{},\"content\":[{\"data\":{},\"marks\":[],\"value\":\"You could use an e-commerce business loan in the following ways: to buy new stock, for marketing and advertising, to manage cash flow, to investing in new technology, for storage facilities including migration to cloud computing.\",\"nodeType\":\"text\"}],\"nodeType\":\"paragraph\"}],\"nodeType\":\"document\"}"}}]},{"sys":{"contentType":{"sys":{"id":"templatesV2SectionDisclaimer"}}},"disclaimer":{"raw":"{\"nodeType\":\"document\",\"data\":{},\"content\":[{\"nodeType\":\"paragraph\",\"data\":{},\"content\":[{\"nodeType\":\"text\",\"value\":\"Please note that the information above is not intended to be financial advice. You should seek independent financial advice before making any decisions about your financial future.\",\"marks\":[{\"type\":\"italic\"}],\"data\":{}}]},{\"nodeType\":\"paragraph\",\"data\":{},\"content\":[{\"nodeType\":\"text\",\"value\":\"It’s important to remember that all loans and credit agreements come with risks. These risks include non-payment and late-payment of the agreed repayment plan, which could affect your business credit score and impact your ability to find future funding. Always read the terms and conditions of every loan or credit agreement before you proceed. Contact us for support if you ever face difficulties making your repayments.\",\"marks\":[{\"type\":\"italic\"}],\"data\":{}}]},{\"nodeType\":\"paragraph\",\"data\":{},\"content\":[{\"nodeType\":\"text\",\"value\":\"Funding Options, now part of Tide, helps UK firms access business finance, working directly with businesses and their trusted advisors. Funding Options are a credit broker and do not provide loans directly. All finance and quotes are subject to status and income. Applicants must be aged 18 and over and terms and conditions apply. Guarantees and Indemnities may be required. Funding Options can introduce applicants to a number of providers based on the applicants' circumstances and creditworthiness. Funding Options will receive a commission or finder’s fee for effecting such finance introductions.\",\"marks\":[{\"type\":\"italic\"}],\"data\":{}}]},{\"nodeType\":\"paragraph\",\"data\":{},\"content\":[{\"nodeType\":\"text\",\"value\":\"\\n\",\"marks\":[],\"data\":{}}]}]}"}}],"author":{"name":"Joe Morley","jobTitle":"Business Finance Lead","slug":"joe-morley","shortBio":{"shortBio":"Joe has been helping UK businesses secure the funding they need since 2015. Over the years, he’s supported hundreds of SMEs in accessing millions of pounds for everything from purchasing essential assets to unlocking working capital for day-to-day operations. As Head of Sales at Funding Options, Joe leads a large team of expert Business Finance Specialists dedicated to finding the right solution for every customer. His goal is simple - to make securing finance straightforward, stress free, and tailored to each business’s needs."},"image":{"title":"Joe Morley","gatsbyImageData":{"images":{"sources":[{"srcSet":"https://images.ctfassets.net/7y9qslt4dryp/7fM6foUkI5z6EJqFGwRDz2/b91af08b8550ad38dc3c63069a6ef2eb/Joe_Morley.png?w=32&h=32&q=50&fm=webp 32w,\nhttps://images.ctfassets.net/7y9qslt4dryp/7fM6foUkI5z6EJqFGwRDz2/b91af08b8550ad38dc3c63069a6ef2eb/Joe_Morley.png?w=64&h=64&q=50&fm=webp 64w,\nhttps://images.ctfassets.net/7y9qslt4dryp/7fM6foUkI5z6EJqFGwRDz2/b91af08b8550ad38dc3c63069a6ef2eb/Joe_Morley.png?w=128&h=128&q=50&fm=webp 128w","sizes":"(min-width: 128px) 128px, 100vw","type":"image/webp"}],"fallback":{"src":"https://images.ctfassets.net/7y9qslt4dryp/7fM6foUkI5z6EJqFGwRDz2/b91af08b8550ad38dc3c63069a6ef2eb/Joe_Morley.png?w=128&h=128&q=50&fm=png","srcSet":"https://images.ctfassets.net/7y9qslt4dryp/7fM6foUkI5z6EJqFGwRDz2/b91af08b8550ad38dc3c63069a6ef2eb/Joe_Morley.png?w=32&h=32&q=50&fm=png 32w,\nhttps://images.ctfassets.net/7y9qslt4dryp/7fM6foUkI5z6EJqFGwRDz2/b91af08b8550ad38dc3c63069a6ef2eb/Joe_Morley.png?w=64&h=64&q=50&fm=png 64w,\nhttps://images.ctfassets.net/7y9qslt4dryp/7fM6foUkI5z6EJqFGwRDz2/b91af08b8550ad38dc3c63069a6ef2eb/Joe_Morley.png?w=128&h=128&q=50&fm=png 128w","sizes":"(min-width: 128px) 128px, 100vw"}},"layout":"constrained","width":128,"height":128}}}}},"staticQueryHashes":["1250078025","1659198851","3682024094","3753363658"]}