8fig

8fig is an all-in-one platform that offers customizable funding and advanced planning tools for e-commerce sellers aiming to grow — all powered by their proprietary AI CFO.

 Here’s how it works: 

• Let 8fig know your funding needs by answering a few questions about your supply chain.
• Connect your online store and bank account through their secure integration portal.
• Let 8fig‘s AI CFO assess your cycle costs and create AI-driven plans and precise funding for your order batches.
• Get funded in just a few days!

Unlike other revenue-based financing platforms, 8fig provides cycles of cash as your business needs, as opposed to the entire loan amount upfront. That way you only pay a fixed amount fee on the capital you need today, and not on the full amount you’re approved for. 8fig‘s growth plan then offers additional funding cycles as needed when you’re ready to cover additional marketing and inventory expenses.

 In addition to revenue-based funding, 8fig offers a suite of FREE tools designed to help e-commerce brands manage growth including: 

• Restock Planner – Avoid stockouts by restocking the marketplace based on the demand each week. This tool’s algorithm tells you when you’ll need to restock as well as the precise number of units needed to stay in stock (while also helping you avoid overstocks).
• Sales Forecasting – Know exactly when and how much you need to order from your supplier. This tool analyzes current sales patterns and seasonality to assign each of your products to a tailored algorithm for a forecast that makes sense.
• Cash Flow Planner – Know and plan exactly how much money you will have on each day of the month. This tool analyzes your financial health over time with automatically generated charts based on real-time transactions and predictions.

Here are a few things that stand out about 8fig:

• Their suite of planning and cash flow tools are 100% free forever — even if you don’t ever use their financing.
• 8fig doesn’t require personal credit checks or personal guarantees on loans, and applying for a loan doesn’t impact your credit score. Their funding is approved based on the health of your business.
• Funding through 8fig is faster than traditional bank loans, with approval possible within just 1-3 days, depending on how fast you can provide documentation for their underwriting process.
• 8fig integrates with all the major platforms including Shopify, BigCommerce, Amazon, eBay, Wix, Walmart, WooCommerce, and Magento.
• If by chance you sell on a different platform than the ones listed above, 8fig can integrate with that as well through their API.
• Attention SaaS Owners: 8fig can embed their funding tools into your e-commerce app or SaaS platform, so if you’re looking to provide funding services to your customers via your platform’s dashboard, talk to the team at 8fig about their partnership program.