eCommerce Funding
- Apply in minutes
- Applying won’t affect your credit score
- Free, no obligation quote
from 6.90%
Interest rates per annum
£100,000 +
UK Based
No early settlement fees
£5k - £500k
Funding requirement
Our lending partners
About eCommerce Funding
eCommerce funding options
eCommerce funding covers a range of financing options for online businesses. Whether you need to boost inventory, invest in marketing, or manage cash flow, there are tailored solutions to help you access the capital required to grow.
From secured and unsecured loans to revolving credit and merchant cash advances, each option offers unique benefits to support your eCommerce goals.
Here’s an overview of some of the available eCommerce funding solutions and how they work.
Unsecured business loans
Unsecured business loans do not require collateral but may have higher interest rates than secured loans. This is because the lender’s risk is increased without the safety net of collateral if you default on the loan.
They can be a good option for businesses that don’t own valuable assets to offer as collateral against the loan.
This form of financing can be used for virtually any business purpose, like boosting your marketing efforts or investing in operational upgrades. Typically, unsecured loan amounts of £1,000 to £500,000 are available over six years.
Merchant cash advance
Merchant cash advances are a flexible funding option for eCommerce businesses that need quick access to cash. The lender provides an upfront sum in exchange for a percentage of your future credit and debit card sales.
This type of finance is helpful if your business’s revenue fluctuates, such as if your sales are seasonal. The repayments are made automatically through daily or weekly deductions from your card sales.
The repayment process adjusts to your business performance, so the more you sell, the faster the advance is paid off. This makes merchant cash advances an ideal solution when you need funding without the commitment of fixed monthly repayments.
Revolving credit facility
Revolving credit facilities are similar to a business overdraft; they give you access to a line of credit you can use as and when you need cash for your business.
This type of financing can help your eCommerce business cover ongoing expenses or provide a safety net to cover cash flow issues.
Typically, you can borrow between £10,000 and £2 million over two years. The available credit line goes down as you borrow, but the original amount will become available again as soon as you pay back what you owe.
Growth Guarantee Loan
The Growth Guarantee Scheme (GGS) is a government-backed finance initiative designed to help eCommerce businesses access the funding they need to invest and grow.
This type of borrowing is useful if your online business has faced financial challenges and needs additional capital to move forward.
Loan amounts range from £25,000 to £2 million, with repayment terms of up to six years. It’s also available through various products, including unsecured loans, secured loans, asset finance and invoice finance.
How eCommerce funding can help your businesses grow
Getting financing for your business is a big decision, but it could be the key to achieving growth and your goals.
There are several ways that using external finance can help your online business grow and thrive, including:
Upgrading systems
Upgrading your eCommerce systems can improve your business’s efficiency and customer experience. It can also help you better manage orders, inventory, and customer data.
Unsecured business loans are a flexible option for covering the costs of system upgrades without needing collateral. Alternatively, a merchant cash advance can provide quick access to funds if your sales fluctuate.
Upgrading your systems allows you to stay competitive, meet customer expectations, and position your business for sustainable growth.
Buying more stock
Investing in more stock can help your eCommerce business increase sales and growth. Securing funding allows you to purchase the inventory you need to meet demand, expand your product range, and capitalise on new opportunities.
Having sufficient stock means you can fulfil orders on time, reduce backorders, and keep your customers happy. This is especially important during peak sales periods or when launching new product lines.
Merchant cash advances can be a good option if your sales fluctuate, as repayments are linked to your revenue. Alternatively, a revolving credit facility offers flexible access to funds whenever you need to restock.
Investing in marketing
Effective marketing can help your online business reach new customers, increase brand visibility, and drive sales.
Unsecured business loans offer a lump sum to cover substantial campaign costs, while a revolving credit facility can support ongoing marketing expenses, giving you the flexibility to scale your efforts as needed.
If your business experiences seasonal peaks, a merchant cash advance could be the right option. Repayments are tied to your revenue, allowing you to increase your marketing spend during busy periods without straining cash flow.
Expanding your business premises
As your eCommerce business grows, you may need to expand your business premises to help you keep up with demand, store inventory, and support long-term growth.
Whether you’re looking to invest in a larger warehouse or upgrade your office space, external funding can help. A secured business loan is a good option if you’re planning a significant property investment, as they usually offer larger amounts at lower interest rates when backed by collateral.
By securing the right funding, you can ensure your business has the space it needs to scale, maintain efficient order fulfilment, and stay prepared for future growth.
How to choose the right option
To help you work out which funding option is best for your business and goals, think about things like:
- What you want to use the loan for
- The loan amount you need and repayment terms
- How much flexibility you need
- Whether you want to use assets as collateral
If you need more help determining which type of eCommerce finance is right for you, speak to one of our team members today.
Before applying for eCommerce funding, carefully assess your business’s financial situation and funding needs. Here are some important things to consider:
1. Evaluate your financial situation
Carefully assess your current financial situation. This includes evaluating your cash flow, revenue, and expenses to determine if you can take on additional debt.
You should also consider your credit score, as this can impact your eligibility for funding and the terms of your loan.
2. Understand your funding options
It’s important to understand the different types of funding available. Traditional bank loans may have lower interest rates but can be more difficult to obtain.
Alternative lenders, such as online lenders or peer-to-peer platforms, may offer more flexible options but can come with higher interest rates and fees.
3. Plan how you will use the funds
Make sure you have a clear understanding of how you will use the funds. This includes outlining your business goals and how the funding will help you achieve them.
You should also have a plan for repaying the loan and consider which funding option is best for your needs.
4. Compare lenders and loan options
Shop around and compare different lenders and loan options. This will help you find the best terms and rates for your specific needs.
At Aurora Capital, we understand the unique needs of eCommerce businesses and can help you navigate the funding process. Contact us today to learn more about how we can help you grow your business.
Before deciding to lend to you, lenders look at a few standard criteria before making a funding decision. They include:
- Credit score: Your business credit score is one of the most important factors lenders consider when evaluating your loan application. A good credit score indicates that you are a reliable borrower and are likely to repay your loan on time.
- Cash availability: Lenders will evaluate your last 3 to 6 months of bank statements and look at your average daily cash balance to see if the estimated monthly payment is affordable.
- Profit/EBITDA: Lenders will assess whether your business is profitable and could lend up to 5x the EBITDA figure for the most recent year. If you are not yet profitable, there are some other lenders that lend against turnover.
- Balance sheet: Lenders will look to see that you have a healthy balance sheet and that it is solvent. Being solvent means that you own more assets than you owe in liabilities.
- Cash flow: Lenders will consider your cash flow, which is the amount of money coming in and out of your business each month. A positive cash flow indicates that your business is profitable and that you would be able to repay the loan.
- Collateral: Depending on the type of loan you are applying for, lenders may require collateral. Collateral is an asset that you pledge as security for the loan. This could be property, equipment or inventory.
The criteria vary from lender to lender, and some lenders work with businesses with negative credit histories, so don’t be put off if you don’t meet all of the criteria initially.
Before applying for eCommerce funding, carefully assess your business’s financial situation and funding needs. Here are some important things to consider:
1. Evaluate your financial situation
Carefully assess your current financial situation. This includes evaluating your cash flow, revenue, and expenses to determine if you can take on additional debt.
You should also consider your credit score, as this can impact your eligibility for funding and the terms of your loan.
2. Understand your funding options
It’s important to understand the different types of funding available. Traditional bank loans may have lower interest rates but can be more difficult to obtain.
Alternative lenders, such as online lenders or peer-to-peer platforms, may offer more flexible options but can come with higher interest rates and fees.
3. Plan how you will use the funds
Make sure you have a clear understanding of how you will use the funds. This includes outlining your business goals and how the funding will help you achieve them.
You should also have a plan for repaying the loan and consider which funding option is best for your needs.
4. Compare lenders and loan options
Shop around and compare different lenders and loan options. This will help you find the best terms and rates for your specific needs.
At Aurora Capital, we understand the unique needs of eCommerce businesses and can help you navigate the funding process. Contact us today to learn more about how we can help you grow your business.
Before deciding to lend to you, lenders look at a few standard criteria before making a funding decision. They include:
- Credit score: Your business credit score is one of the most important factors lenders consider when evaluating your loan application. A good credit score indicates that you are a reliable borrower and are likely to repay your loan on time.
- Cash availability: Lenders will evaluate your last 3 to 6 months of bank statements and look at your average daily cash balance to see if the estimated monthly payment is affordable.
- Profit/EBITDA: Lenders will assess whether your business is profitable and could lend up to 5x the EBITDA figure for the most recent year. If you are not yet profitable, there are some other lenders that lend against turnover.
- Balance sheet: Lenders will look to see that you have a healthy balance sheet and that it is solvent. Being solvent means that you own more assets than you owe in liabilities.
- Cash flow: Lenders will consider your cash flow, which is the amount of money coming in and out of your business each month. A positive cash flow indicates that your business is profitable and that you would be able to repay the loan.
- Collateral: Depending on the type of loan you are applying for, lenders may require collateral. Collateral is an asset that you pledge as security for the loan. This could be property, equipment or inventory.
The criteria vary from lender to lender, and some lenders work with businesses with negative credit histories, so don’t be put off if you don’t meet all of the criteria initially.
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Securing business funding:
How it works
We understand that timing is key when you’re looking to find funding options for your business,so our process is as quick and as streamlined as possible.
1
Apply Online in minutes
We cater to any sized business, so to apply for business funding, we only need you to share basic information about your company. Your application will take a few minutes, and our experts are always happy to assist with any questions you have about specific loan types or alternative finance options.
2
Get Matched in hours
Our LendTech technology will compare our trusted panel of lenders and match you with your most suitable finance option. Each business funding option is different, and we’ll help to make sure you’re fully clued up on the terms and conditions as well as indicative repayment details.
3
Get Funded in days
One of our funding specialists will discuss the available options with you and guide you through the process from application to approval. Once approved, the funds can be deposited in a matter of hours.
Prefer to talk? Call us on 01371 870815
4.9/5 based on 100+ by happy customers
Navigate our range of business
funding options to find out more
We understand that timing is key when you’re looking to find funding options for your business, so our process is as quick and as streamlined as possible.
Apply for a recovery loan to help your business employ staff
A government backed loan to support businesses affected by the pandemic.
Looking to obtain an unsecured loan for your business?
Business loans up to £500k, without the need to secure on property or assets.
Apply for a secured business loan today and get matched with a lender…
Business loans up to £2M, secured against a UK property by way of 1st or 2nd charge.
It takes minutes to apply, there’s no effect on your credit score.
Acquire new or used equipment, machinery or vehicles and spread the repayments over 1-6 years.
Compare merchant cash advances to help your business purchase stock.
Borrow up to 2x your monthly card sales and repay through a small % of your future takings.
Compare revolving credit facilities to help your business grow.
A pre agreed credit facility, allowing you to dip in and out for future funding requirements.
Spread the payments of your PAYE, VAT or Corp Tax bills.
VAT/TAX loans up to £500k for PAYE payments, quarterly VAT payments or annual Corporation tax payments
Prefer to talk? Call us on 01371 870815
4.9/5 based on 100+ by happy customers
Key benefits of working with
Aurora Capital
LendTech Technology - Access to 50+ Lenders
At Aurora Capital, we use LendTech technology which gives us access to a vast network of over 50 commercial lenders in the market. Our extensive pool of lenders ensures that we can match you with the most appropriate lender for your specific requirements, who will provide competitive terms and reasonable loan options.
Apply Online in Minutes & Get Funding in Days
We understand that businesses often need funding quickly. For this reason, we offer a fast, simplified service. Once you’ve chosen the appropriate loan for your needs, you can apply online through Aurora Capital, which only takes a few minutes. Our team will then match you with a lender and acquire the necessary funds, often in just a few days.
No Effect on Your Credit Score
Conventional loan and credit applications can damage your credit score, but with Aurora Capital, this isn’t the case. Whether your application is successful or declined, your credit score remains unaffected. This is especially advantageous for newly established businesses trying to establish a credit score, or those with a negative credit history.
LendTech Technology - Access to 50+ Lenders
At Aurora Capital, we use LendTech technology which gives us access to a vast network of over 50 commercial lenders in the market. Our extensive pool of lenders ensures that we can match you with the most appropriate lender for your specific requirements, who will provide competitive terms and reasonable loan options.
Apply Online in Minutes & Get Funding in Days
We understand that businesses often need funding quickly. For this reason, we offer a fast, simplified service. Once you’ve chosen the appropriate loan for your needs, you can apply online through Aurora Capital, which only takes a few minutes. Our team will then match you with a lender and acquire the necessary funds, often in just a few days.
No Effect on Your Credit Score
Conventional loan and credit applications can damage your credit score, but with Aurora Capital, this isn’t the case. Whether your application is successful or declined, your credit score remains unaffected. This is especially advantageous for newly established businesses trying to establish a credit score, or those with a negative credit history.
100+ Happy Customers & Counting
eCommerce funding FAQs
Running an eCommerce business can be challenging, particularly when it comes to managing your cash flow.
While you may have a great product and a steady stream of customers, unexpected expenses can quickly wipe out your cash reserves, leaving you with limited resources to grow your business. This is where external eCommerce funding can be a game-changer.
At Aurora Capital, we specialise in helping UK-based eCommerce businesses access the funding they need to achieve their goals.
Whether you need to purchase inventory, invest in marketing or expand your team, we can connect you with a range of financing options tailored to your needs.
Yes, some of the lenders we work with are willing to lend to businesses with poor credit histories. However, your options may be more limited.
Secured loans may be a viable option if you have bad credit, as the risk to the lender is offset by the collateral you put down. However, you will need to be able to provide valuable assets as security.
Some lenders may ask for a personal guarantee to offset risk. However, this will mean you will be personally responsible for the loan if your business can’t make the repayments.
Whether your online business qualifies for funding depends on the type of finance you are applying for, as different products have different criteria.
At Aurora Capital, we work with businesses that meet the following requirements:
- 6+ months of trading history
- £100,000+ annual turnover
- Based in the UK
- £10k – £5m funding requirements
- Positive credit history
Making an application is the easiest way to establish if you qualify for finance. Applying with Aurora Capital won’t impact your credit score, so there’s no risk in applying to see what options are available to you.
At Aurora Capital, we work with a range of lenders to provide competitive rates and flexible terms so you can access the eCommerce funding you need in days.
Our application process is fast and easy and doesn’t impact your credit score. In addition, a number of our lending partners work with companies with adverse or little to no credit history, allowing us to find solutions for most businesses.
If your application is unsuccessful, we can work with you to develop a plan to improve your chances in the future, ensuring you have the information you need to make informed business and financial decisions.
