iwoca is launching an initiative with Brightpearl to fund online sellers joining their multi-channel sales platform.
From today Brightpearl’s prospects and current customers now have fast and preferential access to the funding facilities of iwoca. The loan application process is now integrated into the sales process of Brightpearl, with the opportunity to use iwoca’s funding option right at the time when they are purchasing Brightpearl’s software.
“We help retailers finance every aspect of the business such as stock, technology and staffing; this is how flexible we are in supporting retailers’ growth.” said Christoph Rieche, CEO of iwoca “This partnership with Brightpearl is a terrific milestone for the company’s growth. Through this initiative iwoca will be opening their funding options to retailers outside the eBay and Amazon space.”
Of course you don’t need to use funds from iwoca to fund your software purchases, although as Adam Smith, CFO of Brightpearl said “The integrated solution gives us the ability to construct the right solution for our customers in ‘real-time’“. As well as giving retailers, without the cash on hand, the ability to instantly fund Brightpearl’s solution, you can also of course use the funds for straightforward stock purchases.
