Uncapped and BigCommerce to re-platform online businesses at no cost

Wednesday 29 June 2022 09:55 CET | News

UK-based financing company Uncapped has teamed with BigCommerce to help companies fund their migration to BigCommerce’s platform.

Companies can now fund their migration to the BigCommerce platform with a capital advance from lending partner Uncapped, completely interest free. Any company that can show 6+ months of trading and over GBP 1 million in yearly revenues is eligible for a fee free advance up to GBP 50,000.

Migrations may be beneficial to online merchants. BigCommerce’s integrations to major marketplaces and social platforms, features like multi-storefront, multi-currency support and borderless commerce, and tools all give merchants the power to increase sales and scale rapidly. By removing the upfront cash outlay traditionally involved with re-platforming, the new partnership with Uncapped widens accessibility for entrepreneurs.

Uncapped also offers simple, reliable capital from GBP 10,000 to GBP 10 million for online businesses. Customers can apply in minutes and get a decision within 24 hours, with no personal guarantees or loss of equity. Its revenue-based financing model means the advance is only repaid when sales are generated. If revenue slows, so do repayments, allowing businesses to maintain complete control and flexibility.

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Keywords: ecommerce, retail, digitalisation, lending, partnership
Categories: Payments & Commerce
Companies: BigCommerce, Uncapped
Countries: World
This article is part of category

Payments & Commerce




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