Beat the enemy of dynamic businesses: how Payoneer can solve your cash flow problems
Indulge us for a moment: ask yourself these questions, and see whether any of them apply to you:
- Are you preparing for a successful Q4?
- Have you had any cash flow issues over the past few years?
- Worried about running out of stock over the Christmas period?
- Need more money to invest into key growth areas of your business?
If so, you’re in luck: our partner Payoneer is here to help your business expand.
Cash flow: the biggest barrier
We know very well that cash flow is the most significant blocker when it comes to ecommerce expansion.
If you’re looking to diversify your product range, expand to new geographies or increase inventory in preparation for peak seasons, cash flow is most often the number one consideration — and the biggest barrier.
It’s particularly painful if you need to move quickly — for example, if you want to invest in new stock to catch a hot trend.
The most dynamic, fast-moving businesses can find themselves thwarted by lack of cash flow.
But thankfully Payoneer, which is already used by most of our clients, has a handy Working Capital solution.
What is Payoneer’s Working Capital solution?
It’s a short-term cash advance for ecommerce sellers, designed to inject cash into your business to enable you to grow.
Payoneer can lend you up to 140% of your monthly store turnover, charged at industry-low rates. And you can repay it as a percentage of sales over a 1-, 3- or 6-month period.
There’s no credit checks, guarantees, or interest — and guidance is provided to you by a dedicated account manager.
What else does Payoneer do?
There are loads of benefits.
Payoneer simplifies the payment process, providing an easy and secure way for businesses to receive international payments.
Its Local Receiving accounts allow you to get paid locally, so you don’t get hit on currency conversions.
You can pay your suppliers and VAT from one platform — in most cases for free.
And you can get a Commercial Card so you can earn cashback on your business’s expenditure.
Sign up for a Payoneer account here!
And talk to us if you have any more questions about Payoneer and its many benefits.