Small businesses are the engine of our economy, fuelling growth, driving communities forward and employing millions of people across the UK. But it’s fair to say that this engine has been put to the test in recent years, as a constant wave of challenges keep doing their best to hold businesses back.
On top of this, the cost-of-living crisis and its knock-on effects have made it more difficult to secure funding from traditional lenders. In turn, this has hampered cash flow that’s critical to the day-to-day running of businesses and limited investment in future growth—at a time when it’s been needed the most.
One way we’re supporting small businesses to navigate these challenges is through our Capital for eBay Business Sellers programme, in partnership with YouLend. By providing access to fast, flexible funding, our hope is that this can help you to be prepared for those unexpected events, or when opportunity comes knocking.
Of course, every business is different - with varying needs. But some creative ways we’ve seen small business take advantage of funding include:
Source more stock when needed
Whether you need to get ready for the changing of the seasons, restock popular products, or diversify your inventory, sourcing more stock is an essential part of business. Fast, flexible funding enables you to invest at short notice - and can help you to navigate today's unpredictable supply-chain.
Build or boost a superstar team
Be it hiring seasonal staff, employing the services of expert consultants, or building a team to lay the foundation for future growth, funding helps you to get the right people in the right places. It can also play a pivotal role in enabling the professional development of your existing staff.
Preserve and improve cash flow
Cash flow is essential to ensure the smooth running of your business. But from time to time, something like an unexpected bill or unpaid invoice can stem the flow. Fast funding can help you to cover any short-term expenses, to keep your business operations moving.
Invest in technology to fuel future growth
From bookkeeping software to stock management systems, technology can unlock efficiencies to help you keep up with competitors and fuel growth. It can also remove the need for manual, mundane tasks - freeing up your people to focus on more important areas of your business.
Why apply for funding through Capital for eBay Business Sellers?
- Repay as you earn through a percentage of your eBay sales. You’ll typically only pay when you earn
- Get access to funding in as little as 24 hours, once your application is reviewed and approved by YouLend
- Simple, affordable fee: you pay a flat fee that is agreed up-front (from 3%)
- Flexible top-ups: once you're on board, you could receive same-day funding top-ups
But don’t just take our word for it. See how fast, flexible funding through Capital for eBay Business Sellers, provided by YouLend, helped Martin’s small business, Msg-Meteorites, to soar.
To date, YouLend has offered funding to 77% of applicants and has already hit the £90 million funded milestone – and we hope the programme will be able to support more of you in 2023. See what funding is available to you and start growing your business.
Learn more and apply today
Thank you for selling on eBay.
Your eBay Team
