Amazon and TradeBridge today announced the launch of Term Financing, a new offer designed to support the continued growth of businesses selling on Amazon. This collaboration offers eligible sellers access to funds of up to £5 million based on their Amazon business revenue and performance.
Term Financing provides a straightforward funding solution for Amazon sellers looking to expand their operations. The application process is simple and fast, with no obligation, and no hidden fees. Applicants can expect to hear a response in as little as 2 hours, and finance terms are clearly stated upfront.
Once approved for term financing with TradeBridge, sellers have the flexibility to choose the term that suits their preferred monthly repayment schedule. They can also select the date for the funds to be deposited in order to support key business activities and optimize cash flow. Sellers are also able to determine the repayment date that best fits with their business needs and accounting schedule. Offers remain valid for 30 days.
Businesses require a minimum of six months’ trading history on Amazon before they are eligible to apply. Eligible sellers will receive an invitation to apply for term financing on Seller Central. TradeBridge will process all applications.
For more information on Term Financing, please visit https://sell.amazon.co.uk/programmes/amazon-lending.
To read the full press release click here.