TradeBridge Joins Forces with Amazon to Offer £5 Million in Funding for Sellers
Amazon has recently announced a significant partnership with TradeBridge, an expert in alternative finance solutions for small and medium-sized enterprises (SMEs). This collaboration aims to introduce a new term financing option specifically designed for eligible Amazon sellers, granting them access to funding of up to £5 million. This initiative is set to empower sellers by meeting their financial needs and facilitating business growth.
Details of the New Term Financing Offer
The newly launched term financing offer by Amazon and TradeBridge is tailored to provide flexible financing solutions based on business revenue and performance. This collaboration ensures that sellers can scale their operations more effectively.
Key Features of the Financing Solution
- Quick Approval Process: Sellers can expect funding approvals in as little as two hours after application.
- Customizable Repayment Schedules: Approved sellers can choose their preferred repayment terms and the date to receive funds.
- Transparent Terms: The financing comes with no hidden fees or personal guarantees, allowing businesses to manage their cash flow efficiently.
Eligibility Criteria for Amazon Sellers
To qualify for this term financing offer, businesses must meet the following criteria:
- Must have been trading on Amazon for a minimum of six months.
- Eligible sellers will receive an invitation to apply via Seller Central.
Statements from Industry Leaders
John Boumphrey, the UK country manager for Amazon, expressed enthusiasm about the partnership, stating, “Term financing options are crucial for enhancing cash flow and facilitating the growth of our sellers. We are thrilled to collaborate with TradeBridge to provide these funding solutions.”
Similarly, Seb Miles, co-CEO of TradeBridge, emphasized the importance of this partnership, noting, “Many SMEs struggle due to a lack of impactful funding. This collaboration enables online sellers to access fast financing, empowering them to seize growth opportunities.”
Conclusion
With this new term financing offer from Amazon and TradeBridge, eligible sellers can expect a seamless funding experience tailored to their business needs. This initiative not only supports the growth of small businesses but also enhances their ability to navigate the challenges of scaling operations. For more information on financing options, visit TradeBridge.
