Do your research carefully: different pricing models for working capital finance
Researching the perfect finance provider for your online business can be challenging and overwhelming, given the broad range of options. The reasons for taking up additional funds are oftentimes very similar for e-commerce sellers: avoiding out-of-stock, accelerating growth with new products or boosting ad spend. Potential solutions are offered by many companies, including your local banking institute, fine traders, factorers, revenue-based financers, or asset-based financers like Myos. While we covered the different types of financing in a recent blog article, we want to shed light on different ways to communicate the price of a loan and why it is so important to understand their implications.
May 13, 2022