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Growth Plan

Funding Solution

Merchant cash advance

Financing amount

$50,000 - $10,000,000

Term

Varies based on the agreed-upon Growth Plan terms.

Description

About:

8fig offers flexible, equity-free funding for eCommerce sellers, optimizing cash flow with a customizable, self-service Growth Plan for sustained growth.

Product:

The 8fig Growth Plan provides eCommerce businesses with continuous, customized funding aligned with their supply chain requirements. 8fig offers ongoing capital injections precisely when needed, optimizing cash flow and supporting sustained business expansion. The platform is highly automated and self-service, allowing users to independently customize and adjust their funding plans.

Advantages

  • Automated, self-service platform: Easily customize and manage your funding plans independently, enhancing operational efficiency.
  • Continuous capital injections: Receive ongoing funding aligned with your supply chain needs, ensuring optimal cash flow.
  • Real-time plan adjustments: Modify your funding plan anytime to adapt to changing business dynamics and market conditions.
  • Equity-free funding: Maintain full ownership and control of your business with our non-dilutive financing options.
  • AI-driven tools: Leverage AI-driven tools for precise sales forecasting and efficient inventory planning, enhancing cash flow management. ​

Platforms

E-commerce marketplaces or online selling channels that are supported.

Amazon

Shopify

Tik Tok Shops

ebay

Walmart

BigCommerce

WooCommerce

Magento

Others

Offer details:

Minimum monthly turnover
The minimum average monthly sales required to qualify for this funding solution.
$20,000
Minimum time in business
How long your business must have been operating to be eligible.
6 months
Minimum amount of financing
The range of available funding. The final amount depends on your business performance and credit assessment.
$50,000
Maximum amount of financing
The range of available funding. The final amount depends on your business performance and credit assessment.
$10,000,000
Interest fees
Interest rate represents the cost of your loan. Final rate depends on your business profile and creditworthiness.
- Fixed cost of capital, typically between $6,000 – $10,000 for every $100,000 funded.​
Repayment period
The length of time you have to repay the funding amount.
Customized remittance schedule based on the funding amount and sales projections.​
Repayment method
The way you'll pay back the funding.
Personalized remittance plans adjustable to align with cash flow and business performance.​
Duration of the contract
The duration of the funding agreement.
Varies based on the agreed-upon Growth Plan terms.
Time of decision
Maximum waiting period to receive a funding decision after submitting all required documentation.
up to 48h
Additional Info
  • Businesses must operate in USD or CAD and cannot be dropshipping businesses or sole proprietorships.
Countries operating
Geographical regions where this funding solution is currently available to businesses.
Canada
United States
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