It’s estimated that the global digital buyers market is roughly 2.14 billion, accounting for nearly eighteen percent of all retail sales worldwide. If you run e-commerce companies, online businesses, or online stores, you’ll need to keep your inventory stocked, marketing initiatives sharp, and your operation afloat with various costs. In the business world, you need money to make money—but what if you’re short on cash flow and working capital and need to find funding solutions? At AdvancePoint Capital, we can help answer that question.
Get Financing for Your eCommerce Business
eCommerce businesses need business financing products that can be flexible to the needs of there industry. Banks and credit unions are accustomed to more traditional business models and can't adapt to the needs of e-commerce businesses like AdvancePoint Capital can. We have a network of lenders and products that caters to e-commerce. Get pre-approved for e-commerce financing with AdvancePoint Capital and take advantage of our network of funding partners.
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AdvancePoint Capital makes the loan application process a simple, straightforward experience.
7 Best E-Commerce Funding Options For Online Business (September 2023)
Short-Term eCommerce Business Loans
Short-term eCommerce business term loans provide working capital to businesses that need money quickly for business expenses and maintain positive cash flow. Credit score requirements are more lenient than traditional financing.
Long-Term eCommerce Business Loans
Long Term Business Loans are term loans used by eCommerce Business Owners when they are looking for large expansion projects that require a larger loan amount and need to spread the cost over years to get affordable payments.
Small Business Administration (SBA) Loans for Online Businesses
SBA loans are small business loans that are fixed-term loans that offer low-interest rates and longer terms to repay versus other business financing products. An excellent credit score will be needed for approval along with good business financial health.
eCommerce Business Line of Credit
A line of credit is like a revolving business credit card. You can draw money at any time up to a credit limit and you only pay interest on the outstanding balance. Good credit history, good credit score, and the business's financial health are important for approval. Great interest rates.
Business Cash Advance for eCommerce
A business cash advance is an advance off of future sales of a business that is repaid by taking a percentage of future sales deposits.
Merchant Cash Advance
Merchant cash advances are a great way to get funding for your business when traditional bank loans are not available. It has a flexible repayment which is based on a fixed percentage of future credit card sales.
Business Credit Card for eCommerce Business Owners
Business credit cards are a great resource for making payments. A good credit score is required for approval.
How Your eCommerce Business Can Benefit From Business Loans
An eCommerce business comes in all shapes and sizes, reaching nearly every industry around the globe. If you live and breathe eCommerce, you’ll need every advantage possible to outlive and outgrow your competitors. That means there are a ton of factors that could influence why you need e-commerce loans for your operation. You need to know how e-commerce financing works and whether traditional business loans will be an option.
Other needs that can be fulfilled by an eCommerce business loan include:
- Emergency Loans
- Ecommerce Website & Online Store Enhancements
- Marketing Funding Needs
- Inventory Purchases And Warehouse Space Financing
What’s Affecting Your eCommerce Business?
Your eCommerce business might be affected by various problems including:
Low Capitalization
This is a problem for most small businesses, not just those swimming in the eCommerce pool. To keep up with demand, purchase inventory, grow, and thrive, you’ll need enough cash reserves to get the job done.
Ignoring Marketing Costs
Your online business lives and dies through its marketing initiatives. Unfortunately, marketing spend is often swept under the rug when cash reserves run short. That’s where business funding can help open doors and ensure that your eCommerce business is reaching the right customers.
A Competitive Marketplace
While the online industry model has opened more doors than ever before, it’s also heightened the competition. To keep up with competitors, you’ll need access to a loan amount that works for your business and not against it.
Day-to-Day: Time is Money
Running eCommerce businesses is more than just putting up an online shop and pressing publish. It requires a tactful approach to balancing day-to-day operations, working capital, inventory management, equipment financing, market planning, and beyond.
Advice, Tips, and Warnings about Financing an eCommerce Business
Your eCommerce financing journey should start with a few simple questions. Are traditional bank loans available for your business? What will I use the eCommerce business loans for? and how can it benefit my business? Which financing options put me in a position to succeed? What can I realistically repay? How much of a loan amount will I need? What possible hurdles or challenges may come with getting approved for eCommerce financing? How does eCommerce financing work?
Take your time during the research phase and ensure that you’ve sufficiently answered all of the questions above. Take a cost vs. benefit analysis into consideration to decide which funding opportunity works best for your eCommerce company. Make sure you are working with the right financing company.
Our lender network at AdvancePoint Capital provides access to a variety of products and terms that suits most e-commerce business needs. We can save you time and money with our streamlined application process. We help you shop, compare, and save by working with AdvancePoint Capital today to find your loan and the perfect solution. We are not like traditional lenders!
Why Choose AdvancePoint Capital?
Experience – We’ve worked with eCommerce companies for years
Trust – We secure personal information and have extraordinary reviews and feedback from eCommerce companies. We always help you go over the fine print.
Loan Specialists – We’re professionals in the eCommerce financing marketplace
Affordable – No cost, no commitment loan quotes
Loan Financing Products – Alternative lenders network. We offer a wide range of eCommerce loan products and funding opportunities with numerous funding partners.
Note: Advancepoint does not provide commercial real estate loans and is not a financing company.
Apply for eCommerce Business Funding
Getting a financing solution or financial advice from AdvancePoint Capital is a fast and easy application process. All you need to do is fill out our simple online form, and application page, and in just a few hours — you’re well on your way to getting your eCommerce business loans. Don’t wait for your competition to get the advantage. Take control of your financing future with the help of AdvancePoint Capital.
