E-commerce business loans
Are you looking for an e-Commerce business loans?
Due to the Covid-19 pandemic, causing 3 national lockdowns, the amount of people shopping online increased more than predicted in 2020, giving rise to more and more new start and growing e-Commerce Businesses.
According to Statista, revenue in the UK e-Commerce market is projected to reach over £80million in 2021, equating to an annual growth rate of 3.5%, which projects a market volume of over £92million by 2025.
In the UK, an estimated 93% of the UK population shopped for products or services online in 2021, according to Ecommerce Europe
Latest figures show that PayPal, Credit Cards and Debit Cards made up over 86% of payment methods in 2019, split by 49% using PayPal and 37% using Credit Cards or Debit Cards.
What eCommerce business loans are available?
There are a variety of funding options available for e-Commerce businesses, the most common types are Unsecured business loans, merchant cash advance or asset finance.
Unsecured business loans
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These are typically for e-Commerce businesses that have at least 12 months trading history, advances are based on business affordability and individual lenders own criteria. Fixed payments at a fixed interest rate with no early repayment charges.
Merchant cash advance
-
This product is specifically for businesses that take online payments. Depending on lenders criteria, you can advance up to 100% of your 3–12-month card average. Rates, terms, and amounts can vary, but repayments are made by allocating a future % of all online payments taken.
Asset finance
-
E-commerce businesses that need to purchase equipment, hardware or software can use our specialist panel of asset-based lenders to obtain the funding that they need. Payments are spread over a fixed term with a fixed rate and fixed monthly payment.
So, it does not matter if you are just starting your e-Commerce business or have been trading successfully for a number of years, our panel of lenders can provide a range of e-Commerce business loans that may suit you.
The Funding Store have a panel of lenders that can assist with your search for that right business loan.
Once you have decided what best suits your business needs then why not contact us on 01908 880420 or request a call back at a more convenient time.
Are you looking for an e-Commerce business loans?
Due to the Covid-19 pandemic, causing 3 national lockdowns, the amount of people shopping online increased more than predicted in 2020, giving rise to more and more new start and growing e-Commerce Businesses.
According to Statista, revenue in the UK e-Commerce market is projected to reach over £80million in 2021, equating to an annual growth rate of 3.5%, which projects a market volume of over £92million by 2025.
In the UK, an estimated 93% of the UK population shopped for products or services online in 2021, according to Ecommerce Europe
Latest figures show that PayPal, Credit Cards and Debit Cards made up over 86% of payment methods in 2019, split by 49% using PayPal and 37% using Credit Cards or Debit Cards.
What eCommerce business loans are available?
There are a variety of funding options available for e-Commerce businesses, the most common types are Unsecured business loans, revolving credit facilities, merchant cash advance or asset finance.
Unsecured business loans
-
These are typically for e-Commerce businesses that have at least 12 months trading history, advances are based on business affordability and individual lenders own criteria. Fixed payments at a fixed interest rate with no early repayment charges.
Merchant cash advance
-
This product is specifically for businesses that take online payments. Depending on lenders criteria, you can advance up to 100% of your 3–12-month card average. Rates, terms, and amounts can vary, but repayments are made by allocating a future % of all online payments taken.
Asset finance
-
E-commerce businesses that need to purchase equipment, hardware or software can use our specialist panel of asset-based lenders to obtain the funding that they need. Payments are spread over a fixed term with a fixed rate and fixed monthly payment.
So, it does not matter if you are just starting your e-Commerce business or have been trading successfully for a number of years, our panel of lenders can provide a range of e-Commerce business loans that may suit you.
The Funding Store have a panel of lenders that can assist with your search for that right business loan.
Once you have decided what best suits your business needs then why not contact us on 01908 880420 or request a call back at a more convenient time.
Accessing business finance doesn’t need to be complicated or time-consuming. We put you in front of multiple lenders to bring you fast, flexible solutions that meet your finance needs.
I am looking for…
Helping you find the right finance for your business
At The Funding Store we know our finance, and we know how important it is for small businesses to access the right finance, at the right time.
Put our team to the test. Contact us today and let’s talk about your specific needs. We will then set about finding the right finance for your business, all without obligation of course.
Helping you find the right finance for your business
At The Funding Store we know our finance, and we know how important it is for small businesses to access the right finance, at the right time.
Put our team to the test. Contact us today and let’s talk about your specific needs. We will then set about finding the right finance for your business, all without obligation of course.
How it works
How it works
Why use The Funding Store?
We Build Relationships
We are continually reviewing funding providers to bring you choice, competitive rates and flexibility allowing you to access the right finance, at the right time.
Dedicated Account Managers
Most importantly, we are passionate about what we do. This is evident in our enthusiasm and commitment to assisting you at each stage and after you have secured your finance.
Why use The Funding Store?
We Build Relationships
We are continually reviewing funding providers to bring you choice, competitive rates and flexibility allowing you to access the right finance, at the right time.
Dedicated Account Managers
Most importantly, we are passionate about what we do. This is evident in our enthusiasm and commitment to assisting you at each stage and after you have secured your finance.
E-commerce business loans made simple
Whether you need to buy new equipment, take on new staff or just for cashflow purposes, we can help you at every step.
Based in Milton Keynes, our team are fast moving and the application process is simple and fast. We will talk you through the process to find finance that meets your needs.
We can offer you a same day decision and in some cases, depending on the loan provider selected, can have your finance in your account the same day as your application.
E-commerce business loans made simple
Whether you need to buy new equipment, take on new staff or just for cashflow purposes, we can help you at every step.
Based in Milton Keynes, our team are fast moving and the application process is simple and fast. We will talk you through the process to find finance that meets your needs.
We can offer you a same day decision and in some cases, depending on the loan provider selected, can have your finance in your account the same day as your application.
