This article covers how you’ll receive your funds from Viably and how you can start using your funds to grow your business.
We’re so thrilled you’ve partnered with Viably to help scale your ecommerce business. Now that you’ve been through Viably’s funding application and have accepted your funding offer, what happens now?
Let’s chat about:
-Where your funds from Viably will be deposited
-How you can use funds with your Viably Global Account
How and where will I receive my funding from Viably?
After you’ve selected and accepted the terms of your custom funding offer from Viably, the funds will be available in your Viably Global Account within 24 hours. No more waiting for a money transfer!
When you accept funding with Viably, you will need to change your payout account - this helps to unlock continuous working capital opportunities and simplifies how you get paid from the marketplaces you sell on. We've outlined how you can change your payout account to your Viably Global Account on Amazon and on Shopify.
Once the funds have been disbursed to your Viably Global Account, you can begin to use them to grow your business as you see fit.
How can I use my funds with my Viably Global Account?
Through your funding application and verification, you’ll unlock a Viably Global account! This account is fee-free with no monthly minimums. The funds will be transferred (and depending upon the terms of your Viably Growth Capital Offer, unlocked) to this account within 24 hours of accepting your offer..
Need to pay your suppliers or cover marketing costs with your funding? Easily make payments to your global suppliers or issue and start paying with your virtual Viably debit cards. You can create custom spending limits and nicknames so you always have eyes on your ecommerce spend.