7 Popular Solutions for Loans and Capital for your Amazon Business

Loans may be difficult to get for small businesses that sell online. Many third-party Amazon sellers often don’t often have traditional business plans or collateral that banks want for loans. That leaves Amazon sellers with very few options when it comes to securing funding and additional capital for inventory. Many sellers who rely on Q4 sales struggle without additional capital to boost their revenue.

It’s especially frustrating for sellers who have a popular product but no way to get enough inventory to meet demand. Some use personal credit cards or secure short-term loans from friends and family. But even these options may not be enough to get the best prices to maximize profit on popular products on Amazon.

Other options for securing additional capital take too much time, increasing the time it takes to get products into Amazon. Meanwhile, listings without stock lose sales velocity and overall product ranking.

We’ll list some of the more popular solutions Amazon sellers use in this article. These services specialize in lending to Amazon sellers, so they’re familiar with what selling on Amazon entails. Take a look at our massive list of Amazon services, tools, and apps!

Information and rates are sure to change after the publication of this article. Please visit the site for the latest rates.

SellerZen is not affiliated with any of these services, nor does SellerZen endorse any of these services. We’ve created this list only for informational purposes, so do your own due diligence before you sign up with any services listed in this article.

BlueVine

BlueVine home

  • Line of Credit
    • Up to $250,000
    • Rates as low as 4.8%
    • Approvals as fast as 20 minutes
    • Minimum qualifications:
      • 600+ FICO
      • 6+ months in business
      • $100,000 in revenue
  • Invoice Factoring
    • Up to 5 million dollars
    • Rates as low as 0.25% per week
    • Approvals as fast as 24 hours
    • Minimum qualifications:
      • 530+ FICO
      • 3+ months in business
      • $100,000 in annual revenue
      • Business is B2B

Fundbox

Fundbox home

  • Small Business Funding
  • Invoice Factoring
  • Lines of Credit
  • Small Business Loans for Minorities
  • Small Business Loans for Women
  • Simple and transparent pricing
    • Starting from 4.66% of draw amount for 12-week repayment
    • Pay only for what you use
    • Automatic repayment
    • Fees and repayment available before you draw
    • Repay early and waive remaining fees

Fundation

Fundation home

  • Term Loans
    • $20,000 to $500,000
    • 1 to 4 years repayment term
    • Twice per month payment frequency
    • 5% origination fee from net proceeds
    • APR of 7.99% to 29.99%
  • Line of Credit
    • $20,000 to $100,000
    • New balance after each draw is amortized in equal installments over 18 months
    • Once per month payment frequency
    • $500 closing fee
    • 2.00% draw fee deducted from each draw
  • Minimum eligibility:
    • 1 year in business and at least 3 employees
    • At least $100,000 in annual revenue
    • Good personal credit

Kabbage

Kabbage home

  • Small business loans
    • Unsecured business loans
    • Secured business loans
    • Industry-specific loans
    • Minority loans
  • Invoice payments
  • Up to $250,000 line of credit
  • 6-month and 12-month terms
  • Fees range from 1.5% to 10%

OnDeck

OnDeck home

  • Fixed-Term Loans
    • Up to $500,000
    • Rates as low as 9.99%
    • Short-term loans
      • 3-2 months
      • Rates as low as 9% simple interest
    • Long-term loans
      • 15-36 months
      • Rates as low as 9.99%
  • Lines of Credit
    • Up to $100,000
    • APR as low as 13.99%
    • A majority owner with 600+ personal credit score
    • Fixed weekly payments
    • Automatic payments
    • $20 monthly maintenance fee waived for first 6 months if $5,000 is drawn in first 5 days of account opening
  • Minimum requirements:
    • In business at least 1 year
    • $100,000 in gross annual revenue
    • 500+ personal credit score

SellersFunding

SellersFunding home

  • Term Loans
    • Up to $500,000
    • Rate as low as 14.99%
  • Revenue Advance
    • Up to $250,000
    • 5% flat fee considering your marketplace sales for past 90 days

UpFund.io

Upfund.io home

  • Connects to your Amazon seller account
    • Loan offer based on seller account sales history
  • Financing with no payments until inventory is shipped and starts selling
  • Pay off debt as soon as inventory starts selling
  • Low rate fee instead of APR

Use one of these loans solutions if you need capital for your next inventory purchase. Reduce your cost per unit and increase your profit margin for popular products on Amazon! For many sellers during Q4, many of these loans can easily be paid back within a few months, reducing overall fees.

Boost your revenues with a capital infusion from one or more of these services today!

Like this article and want to read about other services that can help your Amazon business? Check out the following: