Selling online can be cash intensive. Is your cash flow strong enough to service your online sales, particularly when Amazon can take 21 days to pay you?
We can help. We have a wide range of partners we work with who can provide financing specifically for online sellers. We can introduce you to them & we can manage your proposal to them.
We can also help you deal with your bank. Banks will lend businesses money but they need good quality information. We can provide accountant level financial information & projections based around an online business suitable to help get you borrowing from your bank. This means accounting for eBay, Amazon & Paypal fees, Amazon payment cycles and shipping costs.
We can also come with you to visit your bank, we can help run through the information generated and explain to your bank the various elements they need more information on.
Our accountancy team have specialist knowledge in dealing with online retail businesses. We can prepare management or full audited accounts for your online business which can be used for your information or for submitting to your bank or for submitting to Companies House