This article gives an overview of Viably's funding options for ecommerce businesses.
Now that you've decided your ecommerce business is ready to take on funding with Viably it's important to understand all of your options. By reviewing Viably's available working capital products you can ensure that you select the best lending model for your business's unique challenges.
Currently, Viably offers two different funding products for ecommerce businesses:
Viably Growth Capital (VGC)
Viably Growth Capital is a one-time infusion of capital to help boost your business and empower you to seize time sensitive opportunities. This is ideal for ecommerce businesses hoping to take advantage of an upcoming busy season, boost a product launch, or invest in something new to grow their business.
Viably Growth Capital is available for both Amazon and Shopify sellers.
Viably Wholesaler Accelerator (VWA)
Viably Wholesaler Accelerator is a recurring funding model, designed to keep your cash flow moving and enhance buying power. This product is for Amazon wholesalers only and offers a line of credit that grows alongside your business, unlike traditional credit cards.
Both of these funding solutions are designed to provide a strategic and sustainable amount of capital to your ecommerce business, while maintaining the lowest possible cost, in order to drive success and profit. Unlike other online lenders, Viably prioritizes your success as an online seller, meaning that our funding options are intended to be flexible and the amount of capital available to your ecommerce business grows alongside you.
How much does it cost?
Since Viably's working capital products are not a loan, Viably does not charge based off of an interest rate. Instead, Viably's funding solutions utilize a set, one-time fee that's automatically deducted from your initial payout. This helps to eliminate confusing terms while ensuring that the cost of capital remains as low as possible. This fee is typically between 4-8% based on how long your repayment terms are set for.
NOTE: Viably does not currently offer any daily cash advance products. Instead, Viably offers sellers looking to boost and streamline their cash flow personalized funding plans with each of our available working capital products.