When you’re trying to get your Amazon store off the ground, it’ll take some diligence and strategy. Without question, it’ll also take some business capital so you can source the items that you’re selling.
Thankfully, there are lots of Amazon lending options in front of you. To learn more about Amazon financing and how it can take your business to the next level, keep reading.
1. Get Lending Directly Through Amazon
When you have an Amazon Seller account, you can get lending that’ll let you stock up on all the inventory that you need.
Amazon has in-house financing that you can use in order to purchase inventory. You can apply directly through the Amazon Seller platform and can get a decision within minutes.
Right now, Amazon is the biggest retailer in the United States and one of the biggest in the world. In 2018, the company brought in more than $230 billion in sales revenue.
You can sell inventory on Fulfillment by Amazon (FBA) or Fulfillment by Merchant (FBM). With Fulfilment by Amazon, you box up your items and let Amazon store, sort and ship them when a customer makes a purchase. You’ll get paid during pay periods for any items that you sell, minus storage and FBA fees.
With Fulfillment by Merchant, you store your own items and handle the shipping whenever a customer makes a purchase.
Either way, you’ll need some business capital to get things off the ground, and a loan can help you with that.
2. Seek a PayPal Credit Account
PayPal now offers lines of credit that you can use to get your business started.
once approved, you’ll have a line of credit that you can transfer to your debit card in order to make purchases to build your inventory. Just like a credit card, you’ll pay the balance down each month and will be subject to interest.
Since the transfers for PayPal right now are virtually instant, you’ll be able to get the money that you need quickly and conveniently.
3. Apply For a Third-Party Business Loan
There are also plenty of third-party companies that you can get lending for. Many of these financial institutions offer loans that are specifically tailored for Amazon seller accounts.
With these loans, you will generally need to have a credit score of 600 or above. Take inventory of how much money you will need to start your Amazon store, and figure out what kind of return on investment (ROI) that you can get based on the sales revenue and minus the fees.
Seek Amazon Financing For Your FBA Sales
Amazon financing is readily available that can help you build your store from the ground up.
No matter what sort of items you specialize in, there are plenty of options in front of you that can be helpful. The information above will help you get the capital you need for your business.
We would love to help you start your entrepreneurship journey on the right note with some quality lending options.
Reach out to us to apply for Amazon lending anywhere between $50,000 and $500,000. You’ll get your cash within 48 hours!