Bonanza Lending Offers Seller Financing Options

Liz Morton
Liz Morton


Bonanza marketplace is introducing Bonanza Lending financing options for sellers on the platform.

New! Bonanza Lending Program

Hi Bonanzlers! I have the first of many new programs aimed at helping you to grow your business to tell you about in today’s blog. We've heard that sellers want to expand their multi-platform selling but it's difficult to find funding, whether it's a small-term loan or a large line of credit.

We are excited to announce that Bonanza Lending is now available to our Bonanza customers who’ve established themselves as a business entity. You can now access the capital you need to hire a bigger crew, invest in new inventory, or whatever will help you grow your business across all your platforms.

Bonanza Lending

Sellers who meet the minimum requirements of $10k monthly revenue, 6 months
in business and a personal credit score of 550+ can apply for a variety of financing to meet their capital needs, with Bonanza negotiating with lenders on their behalf.

Get loan offers that meet your specific business needs from several funders through Bonanza Lending.

Our advisors provide the support you need
• Guide you through the process
• Explain your funding options
• Negotiate with lenders on your behalf

Term Loan
• Up to $10,000,000
• 6 to 36-months

Receivables Advance
• Up to $750,000
• 3 to 12-months

Line of Credit
• Up to $10,000,000
• Revolving terms

Other financing options
• Amounts will vary
• 3 to 36-months

Fill out one simple application. There's no fee or obligation, and applying will not impact your credit.

Review loan offers with your dedicated funding advisor and pick the solution that works for you.

Get the capital in as little as 24 hours — deposited directly into your business account.

Put the money to work and get back to what you do best — growing your business!

Bonanza says funding may be secured in as little as 24 hours and your credit will not be impacted until after your application has been reviewed and you've discussed next steps with your advisor.

What's the process to apply for capital?

Applying is quick and easy. This can be done by clicking on a pre-qualification offer or from the capital landing page. The process takes under 5 minutes to complete and is fully electronic! Once you’ve begun the application process, a dedicated funding advisor will work with you from start to finish and will be there to answer any questions along the way.

Will my credit be impacted when I apply?

Not at all. By applying, your credit will not be impacted without your consent. Your application will be reviewed by the funding advisor team and a dedicated advisor will walk you through the next steps and any potential credit checks in the process before they occur.

The move to offer seller financing options comes as the marketplace looks to expand under new ownership with a focus on marketing, social media, and providing enhanced tools to help sellers grow their ecommerce businesses.

The Future Of Bonanza Marketplace With Quincy Faison
Get a sneak peek at the future of Bonanza marketplace in this exclusive interview with new owner Quincy Faison!

What do you think about Bonanza Lending? Let us know in the comments below!

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Liz Morton is a seasoned ecommerce pro with 17 years of online marketplace sales experience, providing commentary, analysis & news about eBay, Etsy, Amazon, Shopify & more at Value Added Resource!