Onramp Funds, Inc.

Onramp Funds, Inc.

ECommerce lending platform providing cash flow solutions to help online businesses grow with world-class support.

HQ location
Austin, United States
Launch date
Employees
Enterprise value
$168—252m
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Onramp Funds is a financial technology startup that provides quick, easy, and flexible growth capital to eCommerce businesses. The company operates in the financial services sector, specifically targeting online businesses in need of fast funding. Onramp Funds' unique selling proposition is its ability to approve loans and deposit funds into a client's account in less than 24 hours.

The company's business model is centered around revenue-based financing. This means that instead of fixed monthly payments, clients repay their loans based on their sales. This approach is particularly beneficial for eCommerce businesses, as it allows them to manage their cash flow more effectively and reduces the risk of default.

Onramp Funds makes money by charging interest on the loans it provides. The company's automated system simplifies the loan application process, making it easy for businesses to request funds and set up repayments. The platform also supports secure connections to various eCommerce platforms, allowing it to review a business's sales history and create a customized cash offer.

The company's clients are primarily eCommerce business owners who need quick access to capital to invest in inventory, growth, or other business needs. These clients appreciate Onramp Funds' quick and easy process, flexible repayment terms, and supportive customer service.

In summary, Onramp Funds is a fintech startup that provides fast, flexible loans to eCommerce businesses, using a revenue-based repayment model that aligns with the businesses' sales cycles.

Keywords: Fintech, eCommerce, Quick Loans, Flexible Repayment, Revenue-based Financing, Automated Loan Application, Fast Funding, Growth Capital, Cash Flow Management, Customer Support.

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