It's every merchant's dream to have too much demand for their products, but how will you manage your inventory when that happens? What kind of financing will you use to encourage more growth rather than stunt it?
A common issue facing new companies selling primarily through eCommerce is inventory financing. Conventional invoice factoring companies are not always eager to do business with a new company selling a new product without an established sales history.
Payability Instant Access, which was born from customer feedback, is designed specifically for Suppliers with payment terms less than 3 weeks. With Payability Instant Access, Amazon Sellers have next day access to their sales revenue, giving them the cash flow they need to grow their business faster.
It’s extremely difficult for businesses to grow and scale since their working capital is often tied up in other departments such as marketing, sales, etc. So how do finance purchase orders to keep up with demand early on?
Payability has teamed up with Amazon Launchpad to provide financing for the incredible Amazon Launchpad startups. Payability is featured as a financing solution on the newly released Amazon Launchpad Services Hub.
Financing for your startup business at each stage has unique financial requirements. From prototyping an idea to building your empire, you have different needs at every step.
While VC can turn startups into corporate giants, it’s statistically unlikely that your company will receive VC cash, here are some alternate funding options.
We know that keeping up with demand isn’t always easy, so here are some ways to set your company up for successful rapid growth.