This article gives an overview of Viably and how it can help ecommerce sellers grow their business profitability.
Viably is a financial platform designed to support ecommerce businesses, especially sellers on platforms like Amazon and Shopify. It offers a range of solutions, including global business banking, funding, and cash flow management tools, all tailored to meet the unique needs of online sellers.
Key Features:
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Funding: Viably provides working capital to ecommerce sellers through products like Viably Growth Capital (VGC) and Viably Wholesaler Accelerator (VWA). These products help sellers boost cash flow, manage inventory, and grow without relying on traditional loans. Viably has designed these funding products to have simple, upfront fees and to not require personal guarantees or collateral.
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Banking: Viably offers Global business checking accounts with virtual debit cards. The Viably platform integrates with ecommerce tools like Shopify and Amazon, allowing seamless management of sales and finances with an all-in-one view of cash flow. Users can monitor expenses, manage cash flow, and even automate payments in a single platform.
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Payments: Viably offers cross-border payment with optional currency (FX) conversion to streamline global payments. Sellers can use their Viably Global Account to pay their suppliers and virtual assistants, as well as to receive payouts from global marketplaces.
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Cash Flow and Growth Tools: Viably's platform helps sellers plan their growth by forecasting cash flow, identifying trends, and optimizing financial operations. It also simplifies global transactions by providing tools to pay vendors internationally with minimal fees.
Viably is designed to address challenges that ecommerce sellers face, such as managing cash flow and obtaining capital quickly, without the complexity and delays of traditional lenders.
You can explore more on their official website Viably.