Capitalism.com

Funding Inventory: How Outside Capital Can Accelerate Your Business w/ Ricardo Pero #TheOnePercent

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Synopsis

Ricardo Pero launched a business that lends money to e-commerce companies to fund their inventories.   Most business owners will buy inventory with their own money, and with all of their capital tied up, they have nothing left to do but stress out.   But there is another way of doing things which is use other people’s money to fund inventory, so you still have your own money to invest into growing your business (advertising, product diversification, systems, people, etc.)   Tune in for a great conversation on the challenges people run into while funding their own inventory and how SellersFunding can help you do things differently.   Key takeaways [6:12] Ryan talks about an idea he had a few years ago and introduces the man who beat him to the punch! Ricardo Pero, Founder and CEO of Sellers Funding.   After working in investment banking for years, Ricardo saw how inefficient traditional credit models were at accurately assessing e-commerce business risk. He saw an opportunity.   [8:14] Traditional business own