Cash flow management is critical to the success of any business, and especially so for those that need to spend money to make money, such as merchants and e-commerce vendors selling on sites like Amazon and Zulily.
On one hand, vendors need to reinvest quickly in inventory, supplies and labor to produce the goods sold through third party e-commerce sites like Zulily and Amazon; but on the other hand, they might wait two months or even longer to receive payment on goods sold through those sites. This can create a low cash flow situation that impedes – or even prevents – vendors from growing as quickly as they desire.
Invoice factoring is commonly used as a supply chain finance tool to speed up cash flow, and may be ideal for vendors and merchants that sell on third party e-commerce platforms like Amazon, Zulily and others. Complete our one-page factoring application online – you could go from approval to your first funding in hours!