AccrueMe launches private credit for e-commerce brands earning $1M to $25M
What's the deal? AccrueMeDealroom has a profile for this one. Try Dealroom → has launched AccrueMe Private Credit, a credit facility aimed at established e-commerce brands. The company announced the product through Business Insider's Markets Insider.
Who is it for? The facility targets established brand owners and brand-direct merchants generating $1 million to $25 million in annual revenue. It is pitched at operators who have outgrown cash advances but find banks too slow.
The signal: By positioning between short-term cash advances and traditional bank lending, AccrueMe is targeting a gap in financing for mid-sized e-commerce operators.
Read more: ground.news
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