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.
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.