Fund Your Business with Zero Debt or Interest?! with Rob Stanley & Don Henig
Actualize Freedom
· with Rob Stanley & Don Henig
· February 15, 2021
· 29 min
Summary
For Amazon sellers grappling with capital constraints, this episode introduces an innovative debt-free funding model by Accrue Me. Discover how to secure growth capital based on a share of future profits, avoiding high-interest payments, fixed monthly obligations, and equity dilution. This model ensures you only pay when your business is profitable, aligning investor incentives with your success.
Key takeaways
Explore profit-sharing models like Accrue Me's as an alternative to traditional loans, credit cards, or factoring to avoid debt and interest payments.
Evaluate funding partners based on their repayment structure; prioritize those that only get paid when your business is profitable to mitigate risk during slow periods.
Understand that debt-free funding options can exist that do not require giving up equity or personal guarantees, such as the model presented by Accrue Me.
When seeking growth capital, investigate funders' investment criteria; specifically for Amazon businesses, look for partners who understand the unique dynamics of the platform and base their decisions on business health metrics rather than just credit scores.
Consider how aligned your funding partner's incentives are with your business's success; a profit-sharing model ensures they are invested in your sustained profitability.
Themes
alternative financingamazon fba growthecommerce funding
Ask any business owner what is the number 1 issue when growing your business...All of them will say: lack of capital. 💰For Amazon Sellers, there are a variety of options for people looking to get funding...Loans, credit cards, factoring... heck even Amazon itself has some options they encourage people to look at.But, there are are BIG problems with these traditional methods... High-interest payments. ❌Large monthly payments required (even during bad months). ❌You may have to give up some equity. ❌ Enter Accrue Me.Founded by Rob Stanley and Don Henig, Accrue Me is an Amazon funding company that eliminates a lot of these headaches.Instead of collecting monthly payments or charging interest, Accrue Me makes money by earning a percentage of your profits."But what if I don't make a profit this month?", you ask. In that case, Accrue Me earns nothing. They only make money when you make money.The best part? Only pay when you want to. 😲In this episode, Rob and Don walk Danny through their entire business model, how they got started, and the criteria they use to evaluate whether or not they will invest in an Amazon business.
Frequently asked about this episode
What does this episode say about alternative financing?
Explore profit-sharing models like Accrue Me's as an alternative to traditional loans, credit cards, or factoring to avoid debt and interest payments.
What does this episode say about amazon fba growth?
Evaluate funding partners based on their repayment structure; prioritize those that only get paid when your business is profitable to mitigate risk during slow periods.
What does this episode say about ecommerce funding?
Understand that debt-free funding options can exist that do not require giving up equity or personal guarantees, such as the model presented by Accrue Me.
What does this episode say about alternative financing?
When seeking growth capital, investigate funders' investment criteria; specifically for Amazon businesses, look for partners who understand the unique dynamics of the platform and base their decisions on business health metrics rather than just credit scores.
What does this episode say about alternative financing?
Consider how aligned your funding partner's incentives are with your business's success; a profit-sharing model ensures they are invested in your sustained profitability.
