{"id":4186,"date":"2012-10-18T19:55:00","date_gmt":"2012-10-18T19:55:00","guid":{"rendered":"http:\/\/cloudnewsdaily.com\/?guid=96404f460b617918ce134ae2ac8fb7d4"},"modified":"2012-10-18T19:55:00","modified_gmt":"2012-10-18T19:55:00","slug":"channeladvisor-kabbage-partnership-offers-retailers-access-to-capital","status":"publish","type":"post","link":"https:\/\/icloud.pe\/blog\/channeladvisor-kabbage-partnership-offers-retailers-access-to-capital\/","title":{"rendered":"ChannelAdvisor, Kabbage Partnership Offers Retailers Access to Capital"},"content":{"rendered":"<\/p>\n

ChannelAdvisor, a\u00a0 provider of cloud-based e-commerce solutions that enable retailers to increase global sales, today announced its partnership with Kabbage Inc.<\/a>, an online provider of working capital for small businesses. This collaboration offers ChannelAdvisor customers direct access to a new source of funding in time for the 2012 holiday season. <\/span><\/p>\n

Together, ChannelAdvisor and Kabbage offer online retailers a competitive advantage through the combination of advanced e-commerce software and immediate access to capital. Online retailers are able to use Kabbage to apply for and secure funding online within minutes. The funds can be used to stock up on inventory, expand channels, launch new marketing initiatives, hire staff and much more.<\/p>\n

\u201cChannelAdvisor creates strategic partnerships that help retailers ramp up their sales, and our recent partnership with Kabbage provides our customers capital to fund their business needs,\u201d said ChannelAdvisor Director of Business Development Jordan Weinstein. \u201cBoth ChannelAdvisor and Kabbage are key resources for any retailer who is looking to increase their marketplace volume. This opportunity is especially beneficial right before the holiday season, giving retailers a means to invest in new initiatives or inventory that will accelerate their sales in the coming months.\u201d<\/p>\n

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\u201cMany retailers are growing rapidly but lack the capital to truly take their business to the next level,\u201d said Kabbage Chairman Marc Gorlin. \u201cChannelAdvisor is in the business of helping retailers grow and so are we, which is why this partnership makes so much sense. Together we are giving entrepreneurs access to the most trusted source of funding, used by thousands of small businesses to realize their growth potential.\u201d<\/p>\n

This new partnership has already benefitted Empire Security Cameras, a joint ChannelAdvisor and Kabbage customer, which is using Kabbage funds to implement advanced technology in order to efficiently scale its business.<\/p>\n

\u201cConnecting with Kabbage was a quick and easy process that allowed us to secure the funding that we needed to expand our online operations,\u201d said Empire Security Cameras CEO Kyle Korona. \u201cTraditional lending programs are not a fit for our business model, so being able to access much needed cash within minutes immediately changed our strategy. We were able to invest further in ChannelAdvisor software and additional marketing programs that ensure we are one of the most competitive security camera retailers on the internet.\u201d<\/p>\n

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New partnership offers retailers access to capital in time for the critical 2012 holiday season RESEARCH TRIANGLE PARK, N.C.–(BUSINESS WIRE)–ChannelAdvisor, a leading provider of cloud-based e-commerce solutions that enable…<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1141,1142,1143,48,1144],"tags":[],"class_list":["post-4186","post","type-post","status-publish","format-standard","hentry","category-channeladvisor","category-funding","category-kabbage","category-partnerships","category-working-capital"],"_links":{"self":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts\/4186","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/comments?post=4186"}],"version-history":[{"count":0,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts\/4186\/revisions"}],"wp:attachment":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/media?parent=4186"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/categories?post=4186"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/tags?post=4186"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}