Business Loans for eCommerce & Amazon Businesses

Borrow £1,000 – £500,000 for 1 day to 2 years with our flexible business loans.

24 hours to get a decision

Easy Application

No fees for repaying early

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What is a Business Loan for eCommerce & Amazon Businesses?

Business loans for eCommerce and Amazon businesses are tailored financial solutions designed to support the unique needs of online retail entrepreneurs. These loans cover a range of options, including unsecured and secured loans, inventory financing, and working capital loans, catering to the diverse demands of the digital marketplace.

How eCommerce Business Loans Work

Such loans are generally repaid in monthly instalments, with the terms and repayment amounts depending on the loan type and duration. Credit checks are a standard procedure for lenders to promote responsible lending. Given the dynamic and competitive nature of online retail, securing a business loan can be vital for growth and sustainability.

How can I apply for a Business loan for my eCommerce business?

Online businesses can apply for a Business loan by completing the online application on the For Kredit website. The online form can be completed in a matter of minutes and is compatible with both mobile and desktop.

How much money can I get from a Business loan for my eCommerce business?

Online businesses applying for a Business loan borrow anywhere between £1,000 – £500,000. 

Is my eCommerce business eligible for a business loan?

Online businesses can qualify for a Business Loanif they meet the following criteria:

  • Proof that the business has been trading for at least 6 months.
  • The business has to be registered as a limited company in the UK.
  • The business owner is a UK resident and over the age of 18.

What types of businesses can apply for finance?

Many different types of businesses can apply for business finance, whether it’s a small business, limited company, medium-sized business. Industries that can benefit from a business cash advance include:

What can I use a Business Loan for?

Ultimately, a Business loan can be used for a number of reasons, but ultimately it is down to the priorities of the business. Below are a few examples of how an eCommerce business may use a cash advance.

  • Outsourcing work
  • Purchasing stock
  • Expanding the business
  • Hiring new employees
  • Website marketing
  • Relocating offices
  • Website hosting
  • Website development

Different Loan Options for eCommerce and Amazon Businesses

Unsecured Business Loans

These loans don’t require collateral and are known for their rapid processing. They are ideal for short-term needs like boosting inventory, marketing campaigns, or website upgrades.

Secured Business Loans

For larger loan amounts and more advantageous interest rates, secured loans are an option. These require collateral, usually in the form of business assets, and are repaid over a fixed period.

Inventory Financing

Particularly relevant for eCommerce businesses, inventory financing helps fund the purchase of products for online sales. It’s a practical solution for maintaining a diverse and appealing product range.

Working Capital Loans

These loans provide the necessary funds to manage day-to-day operations, ensuring smooth business functioning during fluctuations in cash flow.

Assessing the Need for an eCommerce Business Loan

The requirement for a loan largely depends on your business model, growth plans, and current financial health. With the ever-increasing scope of online retail, having sufficient funding is critical for capitalising on market opportunities.

Alternate Financing Avenues

Personal Loans from Family and Friends

An informal, often quicker method of funding, borrowing from personal contacts can offer flexible repayment terms, sometimes without interest.

Venture Capital and Angel Investment

These investment options don’t necessitate traditional repayment but usually involve relinquishing a portion of business equity.

Crowdfunding

Crowdfunding is a popular way to raise funds from a wide audience, especially beneficial for businesses with a strong social media presence or unique product offerings.

Government Grants for Digital Businesses

While competitive and specific in criteria, these grants are valuable as they don’t require repayment. They are often targeted at innovative or technology-driven businesses.

Solutions for Bad Credit eCommerce Businesses

eCommerce businesses with less-than-ideal credit scores still have loan opportunities. Alternative lenders often evaluate a broader range of factors, not just credit history, when making lending decisions.

FAQs

Q: How do I select the appropriate loan for my eCommerce business?
A: Consider your immediate financial needs, your capacity for repayment, and whether you have collateral. Unsecured loans are quicker to obtain but might carry higher interest rates, while secured loans offer larger amounts with more favourable terms.

Q: Can new eCommerce businesses secure a loan?
A: Yes, some lenders cater to businesses with a short operational history, though the range of options might be narrower than for more established businesses.

Q: Are there specific loans for expanding my Amazon business?
A: Indeed, both unsecured and secured loans can be utilised for expanding an Amazon business, with the choice depending on the amount needed and your business’s financial condition.

Find the right loan for your business

  • Loans from £1k to £500k
  • No fixed repayments
  • No collateral needed
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Will You Qualify For A For Kredit Loan?

There are four main criteria for qualifying for a For Kredit loan.

If you can answer yes to all of these, then you have a good chance of being approved.

You’re a director with a UK address

You’ll also need the relevant documentation to prove this – a passport or a birth certificate are fine.

You’re a UK limited company or limited partnership

We only work with UK businesses.

You have a turnover of at least £10k

We can accept applications from all businesses (no matter the age or industry)

You have been trading for over 6 months

Your business must be at least 6 months old to be accepted.

A Simple Application Process

  • Apply online in 5 minutes

    Decide how much money you need to borrow and fill the online application with all your details.

  • Approval in just 24 hours

    Once your business loan has been authorized, you have the flexibility to transfer the required amount to your bank account. The funds will be deposited into your account within just a few hours.

  • Borrow up to 2 years

    How you pay back your business loan depends on your situation. If you want to pay it back early, there won't be an extra fee.

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