Amazon is one of the world’s leading online stores by sales and market capitalization, offering a single platform for sellers and customers to do business. The marketplace has become so broad that other financiers, including Amazon itself, have started actively selling financing options for Amazon sellers.
Seller Central and Vendor Central
To support its retailers, Amazon has developed two online interfaces: Seller Central and Vendor Central. Amazon must deliver weekly delivery orders to different warehouses for shipping. Vendor Central buyers partner with Amazon, which will advertise and distribute the products of its vendors to the best of its abilities. Access to the program is invitation only so that not all vendors can join the Vendor Central network at Amazon.
Fulfilled By Amazon (FBA)
However, Amazon enables sellers to sign up for a plan in which Amazon (“FBA”) fulfills the orders. In FBA contracts, Amazon handles the packing, customer care, and returns for each order from its suppliers.
Factoring For Amazon Merchants and Sellers
The market at Amazon is highly aggressive. Seller Central waits for each deposit at least 14 days. To the average Joe, it does not seem like much time, but easy, available money always means the difference between winning and losing. Consider accelerated cash flow a strategic advantage by increasing inventory turnaround, advertisement, and selling your inventory with cash otherwise tied up with other vendors waiting for their bi-weekly payments. This is why factoring, sometimes referred to as financing or simply funding, is an excellent way to maintain steady cash-flow.
Expedited Financing for Amazon Vendors
FundQuick’s Amazon vendor factoring services allow Amazon sellers to collect payment for products delivered the same day statements of expected payments are produced, allowing suppliers, retailers, and those who sell for Amazon the opportunity to reinvest in their company quicker, rather than waiting weeks or months to get paid.