ATLANTA–(BUSINESS WIRE)–Nov 18, 2019–
Ware2Go, a UPS Company and on-demand fulfillment network designed to help merchants enhance their delivery experiences, today announced a collaboration with Fundera, the leading online marketplace for small business financial solutions. The agreement will ease access to the services and insights merchants need to grow by combining cutting-edge logistics capabilities with a myriad of financing options from top bank and online lenders, as well as credit card issuers.
Together, Ware2Go and Fundera are laying the foundation for a new wave of merchant services that not only meet SMB expectations – such as one- to two-day delivery and inventory financing – but also deliver them seamlessly and transparently. In the past, access to financial and logistics services was limited, and navigating products was difficult. This collaboration aims to replace legacy expectations and create a modern service environment that reflects the specific needs and resources of SMBs nationwide.
“Working with Fundera demonstrates our continued commitment to providing SMB merchants with all the tools and services they need to grow their businesses,” said Adi Trivedi, senior strategist at Ware2Go. “Limited access to financial services and supply chain expertise has long constrained the growth of promising businesses. Now SMBs have a combined resource that delivers turnkey logistics technology and financing backed by two trusted brands.”
“An infusion of capital is a defining moment for any small business owner. It can provide the resources they need to bring their business to the next level, whether it’s expanding into a new location, launching a new product or covering payroll,” added Tony Santillo, senior vice president at Fundera. “Our collaboration with Ware2Go will create more opportunities for a collective base of SMBs, allowing them to access the tools they need to secure the right type of financing that will drive their operations and position them for long-term growth. We are two organizations with one goal: empowering small businesses across America.”
The introduction of Fundera’s business financing component to the Ware2Go scalable, nationwide warehousing and fulfillment platform means qualified merchants will now have the financial wherewithal to expand their use of the service. For example, a business looking to broaden its geographic reach will have the ability to go from a single warehouse to several and effectively stock each location – quickly and with very little friction. Taking this a step further, deploying the capital obtained through Fundera’s financing allows merchants to purchase additional inventory. This, in turn, enables them to maintain supply at multiple distribution centers across the U.S., thereby guaranteeing one- to two-day fulfillment for all their customers without being hindered by backorders, stockouts or delivery delays.
Fundera is an online marketplace for small business financial solutions. With Fundera’s proprietary technology, any small business owner can apply for financing with more than 30 different lenders with one easy application. Fundera offers guidance for small business owners to secure solutions for any of their financing needs, from credit cards to SBA loans and everything in between.
Since launching in 2014, Fundera has raised $25M in equity financing and was named a Deloitte 2018 Technology Fast 500 and Inc. 5000 2019 winner, as well as one of American Banker’s Best Fintechs to Work for in 2019. To date, Fundera has helped 35,000+ small businesses find their best financial solutions and secure over $1 billion in funding. To learn more about Fundera, please visit www.fundera.com.
Ware2Go, a UPS Company, offers a network of warehouses that are strategically positioned to support rapid fulfillment. Merchants can then position products closer to their customers without the need for researching or vetting providers or making long-term volume and time commitments. The Ware2Go cloud-based platform and solution provides merchants with seamless end-to-end order fulfillment – storage, pick/pack fulfillment and shipping – with guaranteed two-day delivery. Because the Ware2Go service manages the relationships with warehouses, merchants get the service levels and pricing they might not receive on their own. For more information, please visit https://www.ware2go.co.
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KEYWORD: GEORGIA UNITED STATES NORTH AMERICA
INDUSTRY KEYWORD: TECHNOLOGY FINANCE TRANSPORT PROFESSIONAL SERVICES SOFTWARE SMALL BUSINESS INTERNET LOGISTICS/SUPPLY CHAIN MANAGEMENT RETAIL ONLINE RETAIL
Copyright Business Wire 2019.
PUB: 11/18/2019 08:00 AM/DISC: 11/18/2019 08:00 AM
Copyright Business Wire 2019.