Flexport offers a suite of simple financing solutions to help our merchants finance their inventory and logistics costs on Flexport shipments to improve cash flow cycles (subject to credit approval and credit terms).
Inventory Finance: We pay your supplier directly for inventory that Flexport ships to Flexport facilities; you pay us back later in weekly or monthly increments over up to 120 days.
Logistics Finance: Pay $0 in freight and customs broker service fees at shipment arrival; you pay us back later in weekly or monthly increments over up to 120 days.
How it Works
- Submit a brief application form here for a line of credit to finance your inventory, freight, and/or customs broker costs on shipments moving with Flexport.
- Receive an underwriting decision within seven business days.
- Choose a repayment structure that suits your business and accept the offer.
- Complete a quick onboarding process so that we can pay your supplier directly / finance your freight and customs invoices, and you can make repayments to us.
- Flexport Capital will then begin financing your inventory and logistics costs!
FAQ
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How do I qualify for funding? What are the requirements to get funded?
- Only merchants that have been in business for at least two years and exceeded $250,000 USD in revenue over the last 12 months can apply. Using bank transaction data and financial statements we will evaluate revenue growth, profitability, and leverage ratios to make an underwriting decision. Financing is only available for merchants using Flexport’s freight and fulfillment services.
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How do the supplier payments for inventory financing work?
- We send a payment directly to your supplier on your behalf for inventory moved by Flexport to Flexport facilities and provide you with the payment confirmation. You pay us back according to the agreed upon repayment schedule over up to 120 days.
- Who do I reach out to with questions?
- The Flexport Capital BD team at capitalbizdev@flexport.com
CTA: Navigate to the Financing page where you can apply or simply fill out the form here!