Amazon and Shopify sellers looking for working capital and lines of credit
- 6 months of sales history is needed
- $100+ of monthly revenue (Or just $10k+ for Amazon Sellers)
What type of funding does Uncapped offer?
Uncapped offers business-friendly working capital to growing brands, retailers and merchants. Offers range from $10K to $10M depending on business.
We charge a flat fee on our capital starting as low as 0.8%. We no longer offer revenue based financing and instead offer fixed term loans and line of credit for eligible businesses.
We donโt take equity, personal guarantees, warrants, or hidden fees. The amount accessible is based purely on your actual business performance.
How is Uncapped different from other funding options?
Unlike venture capital, Uncapped offers founders the opportunity to raise crucial growth capital without giving up control of their business. Equity can be one of the most expensive ways of raising working capital, but many founders are also wary of subjecting their businesses to the interest rates of traditional debt. Uncapped offers a fair and flexible alternative that doesnโt currently exist in the European market.
Is Uncapped a substitute for Venture Capital?
Uncapped works alongside or instead of venture capital and was established to address the fact that, for many small businesses, venture capital is simply not the best way to raise finance. Uncapped offers fair and flexible funding that can be used to finance a growing business without the founders having to give up equity or take on the burden of traditional debt.
What is the cost of capital for an ecommerce founder?
We charge a flat fee on our capital from 0.7% to 1.5% per month. The average monthly fee is 1%. An agreement has a minimum of 2 months, so the lowest base-fee we will charge is 2%.
Example: For an 6 month term, the base-fee will be 6%.There is no interest rate. Youโll know the exact total amount you are paying before you accept the offer of capital.
Does my business qualify?
Unlike banks, we pride ourselves on understanding young, digital business all over the world. We can work with Limited Companies with at least six months of trading history, who are generating at least $10k of monthly sales. We specialize in funding businesses who have a working capital need and are predominantly in the ecommerce space. We do accommodate offline sales if data can be provided. Unfortunately, sole traders are not eligible.
To see if your business qualifies, complete the 3-minute survey on our homepage and we will get back to you within 24 hours to confirm your eligibility.
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