Which eCommerce funding solution is better: 8fig or Sellers Funding?

Both Sellers Funding and 8fig are great alternatives to traditional funding sources. eCommerce Funding Comparison takes a closer look at these options to help you choose the best fit to fund your business.

post by:
Michel Goldstein

Company comparison

4.6
 

8fig

Accelerate your path to growth

KEY FACTS

  • Receive unlimited funding according to your needs and growth plan.
  • Funding up to 90% of your supply chain costs — including inventory, freight, shipping, and marketing.
  • Funding eligibility: last 3 months of revenue > $8,000 per month.
  • No personal guarantees, collateral, credit check nor equity transfer is required.
VS
4.3
 

Sellers Funding

All-in-one solution for merchants

KEY FACTS

  • Up to $5M funding in as little as 48 hours
  • Funding eligibility: 3+ Months of sales history with revenue >$1,500 per month
  • Eligibility is determined by a credit check of the owner or the shareholders in addition to the company’s performance

KEY FACTS

  • Receive unlimited funding according to your needs and growth plan.
  • Funding up to 90% of your supply chain costs — including inventory, freight, shipping, and marketing.
  • Funding eligibility: last 3 months of revenue > $8,000 per month.
  • No personal guarantees, collateral, credit check nor equity transfer is required.
  • Up to $5M funding in as little as 48 hours
  • Funding eligibility: 3+ Months of sales history with revenue >$1,500 per month
  • Eligibility is determined by a credit check of the owner or the shareholders in addition to the company’s performance

Final Verdict

As an eCommerce seller, you have many options available to you when it comes to funding your business. However, not all of these options created equal growth opportunities.

One option that stands out from the rest is 8fig. This funding solution provides sellers with the flexibility they need to grow their business now. Not only that, but 8fig requires no personal credit check, collateral, or equity transfer, compared to Sellers Funding which makes soft inquiries into credit reports. This makes 8fig a much more accessible solution for those who may not have the best credit history and still have a growth mindset and successful business.