Shopify is one of the largest online e-commerce platforms in the world, with over 1 million active business users. According to recent stats, the UK has over 118,679 live stores.
Running a Shopify e-commerce platform is a great way to trade. Many payment options are already built in and offer users an easy way to get up and running. But what if you are ready to scale your business and take it to the next level.
Maybe you need to buy more stock to sell, or you may need funding for cash flow. A merchant cash advance is a perfect solution for your Shopify business. You can borrow a similar amount to your monthly credit card sale transactions and repay the amount as a small percentage of each future sale.
This means your business is not pressured into meeting fixed monthly repayments regardless of your business being slow on sales.
You are automatically set up to transact with all major credit cards through Shopify who operate various payment plans to suit your business, and it’s easy to change as and when necessary.
The business cash advance product has helped many Shopify users to scale their business. From growing staff, asset and stock purchases, marketing costs, machinery and equipment financing – the funds can be used for any business purpose.
Searching for Business loans for Shopify?
Compare other forms of Shopify business loans for e-commerce platforms such as bank loans or secured funding, and you may see the benefit of a cash advance. Other finance options can be somewhat lengthy to set up when an MCA can be with you in a couple of days. Poor credit history isn’t taken into account, so there is no pressure on your funding application to have an excellent credit score.
Funding to help with Facebook marketing
If you are looking to expand your Facebook marketing reach and need to allocate set daily budgeting to bring in the traffic to your page, you may need a funding line that you control. By growing your audience on Facebook, you can reach and generate more customers – an excellent way to scale your business.
Funding to help with PPC and SEO
Your Shopify page may need an agency to help with your Search Engine Optimisation – this doesn’t usually come cheap. By having a professional company help you increase positions on Google, you could generate more sales enquiries on a day to day basis. You may also want to run PPC marketing on Google. This can be costly, and setting a daily marketing budget can be rewarding for your Shopify page.
Getting funding in place for your online e-commerce shop has never been easier – look at our product in more detail or talk to us today about the many online shops we have helped to find Business Loans for Shopify.
Read more about tips for selling online here: Tips For Your Business To Sell Online