"[As a start-up], it's tough to get funding from a bank," says Ricky Walton, president and founder of My Custom Sports Chair. "For us...we get volume discounts on inventory, so we're always looking to get cash up front. We ended up with Loop, and it's been fantastic. We got a solid line of credit...and it's organically helped us grow our online sales substantially. This year alone, we're up 389% on Shopify...it just goes to show how much Loop has helped us out this year."
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Canadian fintech Lending Loop has launched an innovative line of credit offering after observing the rapidly changing landscape for small businesses.
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This feature will help suppliers avoid heavy exchange fees as it is offered at cost. No more banks cutting into every payment you send through.
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The 3 marketing strategies that every ecommerce brand should be talking about implementing for the upcoming 2020 holiday season
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Today we take a look at how to make sure you avoid inventory troubles during the upcoming biggest holiday season ever
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A look at what the holiday season could bring to ecommerce business owners in 2020 due to the COVID-19 pandemic
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Lead times are an extremely important factor when figuring out your inventory management strategy for your ecommerce business. Learn more about the basics you should have in mind.
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