Funding At A 2% Interest Rate?!

Happy New Year!

Oh, sorry, is that still ok to say? I never know.. I mean, it’s already mid-January. What else can I say? Congratulate you on the New Year Resolutions you’ve already broken? Wish you a happy refund month from Christmas-gifts sales? I think “Happy New Year” is more optimistic.

Today, I want to talk about cash flow - There are a few truths about cash flow and Amazon sellers:

1. Most Amazon sellers don’t have cash flow.
2. Most Amazon sellers don’t understand cash flow.
3. Most Amazon sellers don’t know what needs to be done to have better cash flow.

How much cash will you have to invest? Does your business need funding to fill the gaps? Answering these questions is one of the hardest things we do as sellers.

For the past few months, I’ve been quietly advising and working with Viably - A new funding and banking solution to extend cash flow for US-based sellers. It’s a one-stop-shop that will allow you to:

1. Replace the bank you use to get paid by Amazon with a zero-fee business banking app.
2. Replace whatever funding solution you’re currently using with offers tailored to your growth.
3. Understand your real numbers and profits by connecting with all of your systems, including your bank accounts and Amazon Seller Central.
4. Project the cash flow you need to invest in existing or new products.
5. Build your business credit score, which can help you access more funds for your business.

We all know that Amazon is a very cash-flow-tight business. Heck, that’s why I started putting together events and doing consulting, to be able to scale my Amazon business faster without needing outside cash. Viably’s goal is to show you a clear picture of your cash flow so that you can fund your best opportunities for growth.

Viably is still in Beta, which means they just want people in their systems to help them build the best possible experience. The current funding offer is only available until the end of the month:

Up to $50,000 at a 2% fee. Yes, you heard that right, it’s basically FREE MONEY. Please note, at this time, this is only available for US-based sellers with a US-based entity.

Fill out the short funding application to get started. As an early customer, you’ll receive tailored growth plans, have access to the Viably team, and help shape the future experience.

Who are they? What’s their background? Well, the CEO is Doron Gordon. Doron was previously the founder and CEO of Samanage, a tech company that sold for $350M in 2019. They raised $21M in 2022 to build Viably. I have spent a lot of time with Doron, and he is clear in his mission; To provide fair access to the funding that online sellers need to grow their businesses.

When I asked Doron, “You’ve already had a massive exit, what’s the plan for Viably?”

His response was: “Well, this time, we’re not going to stop at $350M”

I trust the people at Viably, so much so that I even wrote an article about my 6-Star Experience methodology (something I rarely do these days).

Look out for a webinar invitation next month where I’ll take a deeper dive into how cash flow impacts your plans for product launches, and how that can easily be done by using Viably.

So, to sum up:

Click here to get funded

Click here to read my 6-Star Experience article

Click here to see this 5-minute video of a guy trying to put a pen behind his ear, you’ll thank me later

Tomer