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Your Digital Commerce Experts

Episode 51: Working Capital

June 16, 2020 / Chris Lema

Description

It’s rare for successful businesses to make it all the way to the top without some help. Even the best ideas take time to become profitable. The right injection of capital at the right time can help a good idea get off the ground or break out of a long-running plateau.
However, if you’re doing business online, the traditional path of applying for a loan from a bank may not be a good fit for your company. In this episode, we’ll talk about how working capital can easily get you the lift you need, lent by people who have a better understanding of what you do.
On this episode you’ll hear:
  • A description of working capital
  • How this is different from traditional bank loans
  • How store merchants can use this capital
  • The companies offering working capital
  • Why store builders should recommend this to their merchants
If you’re looking for some new ways to revitalize your business then this is one episode you won’t want to miss.

Resources

WPQuickStart
StoreBuilder by Nexcess
The fastest (and easiest) way to build a Store on WordPress
WooCommerce
Fully Managed WooCommerce
Affordable, highly-performant, and easy to scale ecommerce hosting.
Magento
Fully Managed Magento
Fully featured ecommerce platform that’s built for high-traffic sites.