Cart.com forms a strategic partnership with Clearco, the world’s largest eCommerce investor, to transform how eCommerce founders access financing as they grow their businesses.
Check Out These Resources
- Do you need a business bank account for your online business? Take a look at our review of the five best bank accounts for sellers, some of which are free with no minimum balance or deposits. [sponsored]
- Boost your social media engagement with Publer. Learn how you can save time writing engaging content faster with AI. [sponsored]
- Could your online business use capital for growth? Here is a primer on revenue-based loans, and how they work.
Through the partnership, Cart.com’s eCommerce clients will gain direct access to Clearco’s capital financing from within their Cart.com dashboard.
This enables entrepreneurs to obtain the resources they need for growth at the click of a button, while Clearco’s portfolio of over 5,500 companies will gain access to Cart.com’s end-to-end eCommerce platform to accelerate their online growth.
Clearco will enable Cart.com customers to access up to $10M in marketing capital within 24 hours while maintaining full control of their company as they are repaying the advance from future sales.
Additionally, founders can instantly top up their advances based on future needs and receive up to $1 million in inventory support to reduce upfront costs and free up cash flow.
Clearco Complements Existing Cart.com Financing Options
Clerarco’s capital products will expand 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.
In partnering with Cart.com, Clearco customers gain access to a comprehensive suite of eCommerce software and services to tackle some of eCommerce’s biggest pain points.
Cart.com powers more than 2,500 brands today with powerful eCommerce software, fulfillment capabilities, multichannel marketing, and customer service that enable brands to accelerate their online growth.
With the Cart.com ecosystem, Clearco’s customers will be able to seamlessly unlock the tools they need to scale effectively and access new eCommerce and entrepreneurship enablement resources.
Cart.com and Clearco share a common mission by democratizing eCommerce through 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 eCommerce tools and services.
“Like Cart.com, we envision a world where founding a business is accessible to everyone, and where founders can access essential capital without having to jump through endless hoops. By partnering with Cart.com, Clearco companies will be able to access the platform’s end-to-end eCommerce engine — including online store technology, integrated fulfillment services, and customer service support — to scale their eCommerce growth.”Andrew D’Souza, Clearco CEO
“We’re committed to making all aspects of running an eCommerce business streamlined and hassle-free — and that includes getting access to the capital needed to fuel growth,” added Omair Tariq, Cart.com CEO.
“Through this partnership we’re giving online sellers frictionless access to the resources they need to scale up, while allowing founders to stay laser-focused on serving their customers and building their brand.”
Subscribe to Our Newsletter
We do not sell your information.
You can unsubscribe at any time.
Head over to our Facebook Group for Small Business Marketplace Sellers and interact with us and other small business owners. Follow us on Facebook, Twitter, or LinkedIn to stay up to date with relevant news and business insights for your online business.