This includes Amazon FBA seller credit
Are you wondering how to finance your drop shipments from Asia into the USA? Are you trapped in the classic problem of identifying a great product with real demand but can’t scale your business due to the lack of financing options to fulfill new orders?
We have good news for you. We have several sources that can help with your credit problem. We have established good relationships with private lenders and regional banks who love working with small to medium business in the drop shipping niche including those operating as Amazon FBA sellers.
Drop shipping financing and revenue based financing to help fund drop shipping and Amazon FBA
Generally speaking, the concept of purchase order financing is to raise money quickly for short term use in order to enable you company to purchase goods to be re-sold to customers. Subject to structure of the deal, our solution work as a hybrid of a purchase order financing and a credit line based on your recent sales track record.
In addition, we can offer other creative financing alternatives that could be complementary to drop shipping financing. For instance, if you are a start-up, we work closely with a company that specializes in assisting you building business credit history and finding business credit cards and lines of credit with 0% APR for the first 12 months.
Funding Costs for eCommerce and Drop Shipment Businesses
Drop ship financing costs vary widely between industry, terms and applicant’s credit profile, etc. However, we have seen lender fees from 2-5 per month. Each case is different and we encourage you to focus on finding a lender that is transparent and eager to work with you to make the deal happen. Of course, the end goal is that the lender understand that the goal is to enable you to grow your business and you build enough capital and credit history to “graduate” and seek other cheaper forms of financing.
Does this sound like something you would like to pursue? Contact us now to set an appointment to go over this further.
Please review the application (some sections may not apply to your case) and be prepared to provide the next information, if applicable/available.
1 – Copies of your purchase orders (pro-forma is fine)
2 – Copy of your purchase contract with the manufacturer
3 – Amazon Seller Statements for the last six months
4 – Copy of your company tax returns for the last 3 years
5 – Copy of your personal tax returns for the last 3 years
6 – Copy of your company year end financials and a year-to-date