If you’re a startup, you may interested in E-Commerce Financing. This form of business lending allows you to use the money you receive to make key purchases to boost your business. You can use this money to buy inventory, ramp up ad spend, or make other improvements. This type of financing can also help you track key growth metrics, such as monthly revenue and ad performance. You can easily adjust the repayment schedule and loan amount to match the cycle of your business.
Flexible Repayment Schedules
If you have a seasonal business, you may want to consider Merchant Growth’s flexible repayment schedules. With this option, you can use the funds to purchase inventory, ramp up your business for a busy season, and more. Depending on the terms of your loan, you can repay your funds in as little as a few months, or as much as six years. If you’re considering this option, you should compare it to three or four private lenders before you make a decision.
Types of E-Commerce
There are several types of e-commerce financing available through Merchant Growth. To get approved, you must have a physical location and at least six months remaining on your lease. You can get financing for advertising and social media campaigns, inventory, and other business expenses. You can even get a line of credit without collateral.
Whether you need short-term or long-term financing for your business, merchant growth.com will help you find the right loan for your needs. You can apply online or call a representative to get started. The help center staff is available to answer your questions Monday through Friday from 7 am to 4 pm PST. If you need more capital to grow your business, Merchant Growth can help you with their flexible repayment schedules.
Flexible Loan Amounts
Ecommerce businesses can get financing for a variety of needs from advertising to inventory. A flexible loan from Merchant Growth can use for these purposes and requires no collateral. You can choose the terms and repayment schedule to meet your unique business needs. The flexibility of this financing option may unmatched. You can use the funds for inventory, ad spend, or social media, and make no payments until your business starts making money.
Representative from Merchant Growth
A representative from Merchant Growth will contact your business to discuss your needs and help you find the right loan amount for your business. Merchant Growth provides small businesses with flexible financing that can use for inventory, marketing, ad spend, and even day-to-day expenses. If you are a Canadian-based business, you may eligible to borrow between $5,000 and $350,000.
Benefits of Merchant Growth
Merchant Growth is one of the leading small business lenders in Canada. They are an affiliated member of the Canadian Lenders Association and are committed to providing flexible business loans to Canadian entrepreneurs. The company offers different loan types and repayment options that take into account peak and off-season revenue cycles. These benefits make it easier for small businesses to manage their debt and cash flow.
Merchant Growth Loan
The process to obtain a Merchant Growth loan is simple and fast. All you have to do is meet the minimum revenue requirements and wait 24 hours for approval. The company may trusted and has received 100% positive reviews on TrustPilot. Moreover, their flexible loan amounts are easy to qualify for, and they offer great services to help their customers.
Easy Application Process
Merchant Growth offers e-commerce financing for many types of businesses. This capital is flexible and can use for inventory, marketing, and ad spend. No collateral is required. If you have a Canadian business, this funding option is especially valuable. It can help you meet the short-term needs of your business, without affecting the long-term cash flow.
Merchant Cash Advances
The application process for merchant cash advances is quick and easy. Unlike traditional bank loans, there are no detailed business plans or extensive financial history requirements. In most cases, the application process involves a review of your daily credit card receipts. Furthermore, these loans are unsecured, so you won’t have to put up physical assets or business assets as collateral.
Types of Financing
Merchant Growth offers various types of financing for online businesses, ranging from e-commerce to restaurants and spas. There are no hidden fees, and you can typically get approved within 24 hours. The company also offers financing solutions for other businesses, such as retail, skilled trades, and automotive. You can apply for a merchant loan online and submit proof of identity and relevant documents.
The financing process may facilitated by APIs, which ensure direct exchange of information between the financing company and the e-commerce marketplace platform. This automation reduces the risk of human error and minimises the interaction between the finance provider and the seller. Once approved, the financing platform will send an Advance Payment directly into the seller’s bank account. The Advanced Payment may calculated based on the credit allowance granted during the application process.