Austin, TX (12.17.24) - Onramp Funds, an innovative funding provider supporting the growth of eCommerce businesses, has partnered with SHOPLINE, a leading commerce services platform, enabling online merchants access to the capital they need right when they need it.
With the partnership, SHOPLINE merchants receive rapid approval and customized funding options based on their specific needs such as increasing inventory, boosting marketing, product expansion, and launching new products. These funds also come with repayment flexibility, including sales-based or fixed structures.
“Both Onramp and SHOPLINE are dedicated to serving online sellers, offering solutions specifically tailored to the fast-paced, dynamic eCommerce sector,” said Eric S. Youngstrom, CEO of Onramp. “This partnership tackles one of the main pain points in eCommerce – capital limitations – and will empower sellers to pursue growth without restrictive financial constraints.”
The partnership provides a holistic approach to growth with fast, flexible financing and cash available within 24 hours. This quick access to capital helps online sellers manage cash flow gaps, especially in peak seasons or when launching new products.
SHOPLINE merchants gain access to a dedicated team of eCommerce experts from Onramp, providing proactive loan support and strategic financial advice. With integrated support, Onramp will help SHOPLINE merchants build resilient businesses capable of scaling sustainably.
“Our partnership with Onramp Funds strengthens SHOPLINE’s ability to support merchants through fluctuating inventory demands and seasonal sales surges,” said Christopher Yang, Co-President of SHOPLINE. "By leveraging Onramp’s tailored financing, our merchants can quickly secure the capital they need with repayment options that align with their revenue cycles.”
Funding through Onramp Funds is available now to all U.S.-based eCommerce merchants selling on SHOPLINE, as well as Amazon, Shopify, Walmart, WooCommerce, BigCommerce, Squarespace, and TikTok Shop. All online sellers need to do is visit Onramp and connect their SHOPLINE store to start fueling growth with flexible, fast financing tailored for eCommerce success.
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About Onramp Funds - Onramp is redefining the way eCommerce companies are funding their businesses. Based in Austin, TX, Onramp’s team is steeped in eCommerce, building tools for online businesses and helping sellers thrive with a unique repayment model that aligns with their sales. Onramp's mission is to democratize finance and empower online sellers to scale their business, capture their demand, and meet their dreams.
ABOUT SHOPLINE - Founded in 2013, SHOPLINE is a leading commerce services provider with a platform offering a rich ecosystem of technologies, resources and partners that empowers merchants to succeed. Merchants leverage SHOPLINE's omnichannel solutions for e-commerce, social commerce, and point-of-sales to sell their products and services around the world. SHOPLINE is headquartered in Singapore with about 2,000 employees operating globally.
