amazon 9 days hold on funds
Does anyone know a company that pays out a % of our Amazon funds so we can keep a good stock amount in Amazon? The fund hold has slowed down our business as we lose sales, and all our orders are tracked, and our average order value is around £10, so it's not like high risk
amazon 9 days hold on funds
Does anyone know a company that pays out a % of our Amazon funds so we can keep a good stock amount in Amazon? The fund hold has slowed down our business as we lose sales, and all our orders are tracked, and our average order value is around £10, so it's not like high risk
1 reply
Seller_RoMp2zgveUF63
There are loads google them can't remember the company names stormfund or something like that. They charge you about 5% of your revenue per month.
That's about 60% a year....it's cheaper to get a loan.
But I've not looked for a year may be different now
If you look under Performance and Growth Amazon have probably offered/recommended you a Youlend Loan which would work out most likely cheaper.
Also try "Business Angels" if you are going to pay 5% a month more than most people get in a year in a savings account, friends, family, colleagues might be interested....you can pay me 4% a month ;)
Be aware most of the above options will require a personal guarantor, if Amazon freeze your funds for a year which can happen often...you will be responsible and they will take your house etc if you can't pay.
There are probably ludicrous late payment charges involved etc as well.
Tread carefully!
If it's for restocking I recommended Cap on Tap it's a Business Credit Card that gives you 1-2.5% cashback on every transaction, its free and also you get the actual exchange rate on euro and dollar payments...if you ever buy stuff from abroad
Good Luck!