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8fig

Fintech · Austin, United States · Founded 2020

8fig.co is a dynamic financial platform designed to provide continuous funding for eCommerce sellers. The company operates in the eCommerce market, specifically targeting rising sellers who are looking to scale their businesses. The business model is centered around providing growth capital, which is essentially funding that helps businesses expand. 8fig.co makes money by funding up to 90% of a seller's supply chain costs, including inventory, freight, shipping, and marketing. This funding is provided on a continuous basis, allowing sellers to match their growing demand and always stay in stock. The platform is adaptable, allowing sellers to adjust their cash flow injections and remittance cycles to move with their supply chain. This flexibility enables sellers to remain nimble as they grow their businesses. The company also offers a free planning tool for sellers to map out the exact capital they need to scale across their entire supply chain. This tool, combined with the continuous funding, helps sellers to master and fund their supply chain, thereby enabling them to scale their businesses rapidly. 8fig.co has received positive feedback from its clients, who have praised the company for helping them to buy inventory on a quarterly basis, reduce costs, avoid running out of stock, and scale their businesses in a short amount of time. Keywords: eCommerce, funding, growth capital, supply chain, inventory, freight, shipping, marketing, planning tool, continuous funding.