Cart.com Partners With Clearco To Provide Frictionless Financing For Ecommerce Entrepreneurs
Cart.com is forming a strategic partnership with Clearco, the world’s largest e-commerce investor, to transform the way e-commerce founders access finance as they grow their businesses.
Through this partnership, Cart.com e-commerce customers will have direct access to Clearco’s capital funding from their Cart.com dashboard.
This allows entrepreneurs to get the resources they need to grow with the click of a button, while Clearco’s portfolio of over 5,500 companies will have access to Cart.com’s end-to-end e-commerce platform to accelerate their growth online.
Clearco will allow Cart.com customers to access up to $ 10 million in marketing capital within 24 hours while maintaining full control of their business while they repay the advance on future sales.
Plus, founders can instantly top up their cash advances based on their future needs and receive up to $ 1 million in inventory support to reduce up-front costs and free up cash flow.
Clearco complements Cart.com’s existing financing options
Clerarco’s capital products will extend Cart.com’s existing financing options, which include a marketing credit program and a range of exclusive growth capital loans available only to Cart.com customers.
By partnering with Cart.com, Clearco customers gain access to a comprehensive suite of e-commerce software and services to tackle some of e-commerce’s biggest challenges.
Cart.com today powers more than 2,500 brands with powerful e-commerce software, fulfillment capabilities, multi-channel marketing and customer service that enable brands to accelerate their growth online.
With the Cart.com ecosystem, Clearco customers will be able to seamlessly unlock the tools they need to effectively scale and access new e-commerce and entrepreneurship activation resources.
Cart.com and Clearco share a common mission in democratizing e-commerce by providing easier, more streamlined access to critical resources that were previously only available to established giants like Amazon or a few well-connected entrepreneurs with access to significant capital. and specialized e-commerce tools and services. .
“Like Cart.com, we envision a world where starting a business is accessible to everyone and where founders can access essential capital without having to go through endless stages. By partnering with Cart.com, Clearco businesses will be able to access the platform’s end-to-end e-commerce engine, including online store technology, integrated order fulfillment services and service support. customer, to accelerate the growth of their e-commerce.
Andrew D’Souza, CEO of Clearco
“We are committed to simplifying and simplifying all aspects of running an e-commerce business, and that includes accessing the capital needed to fuel growth,” added Omair Tariq, CEO of Cart.com.
“Through this partnership, we’re giving online sellers frictionless access to the resources they need to thrive, while allowing founders to stay focused on serving their customers and building their brand.
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