Top selling products lead to increased demand, so merchants are purchasing higher quantities to be able to deliver. This results in short-term liquidity shortfalls.
Startups use most of their cash flow to purchase top-selling products. As a result, flexibility decreases, and leading owners cannot test any more products or invest in marketing.
Startups mainly invest in top products, and only a few products generate growth. This leads to enormously increased dependence on top products, limiting their growth.
Most startup loans are non-restrictive, which means that you can use the money for any business purpose, even though some lenders recommend using the funds for marketing or inventory purposes.
What would be the top priority:
- Increase stock level
- Finance your marketing
- Open a new store
- Expand your team
- Carry out renovations
1. Apply in 5 minutes
Send a request for financing based on one or more top-selling products. No documents or private data required.
2. Get the money
Negotiate with the supplier or simply use their inventory while Myos will pay the financing amount to you or the supplier.
A part of the goods directly goes into the sale. With first revenues, you’re flexible to pay back the first installment & receive new goods. Simply repeat this until the financing is settled and all products realised.
We operate completely without personal guarantees, so you can fully focus on the growth of your business.
You can pay back at any time within 24 months. If you realize after a week that you don't need the money anymore, simply pay it back, and the Myos project is finished. Without any extra costs.
We don't buy the goods or sell them to you as a middleman or fine trader would. We don't contact suppliers or customers and we protect your competitiveness advantage.
With Myos, you don't have to present an economic analysis annual accounts, or business plans. First and foremost, we look at your products. Apply for your financing quickly and easily online, without long forms or a lot of paperwork.
We handle our projects online and digitally. Nevertheless, we care about personalized service and are always available to answer your questions. Just call us, write to us in the chat, or send us an e-mail. Or you can visit us at trade fairs or in our Berlin/London office, we look forward to meeting you!
For you as a trader, there is nothing worse than being out of stock and unable to deliver goods. No turnover is generated, and the product's visibility suffers if nothing is sold. Thanks to Myos, you can grow without worries and always have enough cash flow to be able to deliver.
Take advantage of fast growth with Myos startup business loan service.