Computer and Accessories Financing

In today’s digital world, demand is high for computers and accessories. Businesses that sell these products online have a large consumer base, and many outlets through which to reach them. However, as with any industry, supply chain costs and changes in demand can make staying in stock and keeping up with expenses quite difficult. Therefore, many businesses turn to computer and accessories financing.

One of the biggest challenges for eCommerce businesses regardless of what they sell is the upfront costs that are involved in the supply chain. Computer businesses must pay the manufacturers or suppliers, freight costs, warehousing, marketing, and more before they see any revenue from sales. What’s more, trends come and go and technology advances quickly. Computer and accessory sellers need to stay agile to adapt to changing times. They need plenty of cash flow to succeed.


8fig: Working Capital For Online Retailers

Grow your online retail store 2.5x faster with an 8fig Growth Plan. 8fig funding is:


Your 8fig Growth Plan is designed just for you. It’s uniquely suited to your business’s needs based on information you provide. You get the funding and resources you need to grow and reach your full potential.

Cash Flow Friendly

8fig financing is cash flow friendly. That means that your payments and remittance schedules are separate and tied to the ups and downs of your supply chain expenses to maximize your cash flow.


Unlike most funding options which provide one lump-sum payment, 8fig offers continuous financing. You get repeated cash infusions when you need them most, so you can cover your supply chain expenses.


With 8fig funding, everything is flexible. You can adjust your funding amount, cash injections, and remittance schedules in real time with the click of a button to fit the natural fluctuations of your business.

About Computer and Accessories Financing

ECommerce sellers who specialize in computers and computer accessories require a great deal of capital to pay their supply chain expenses, stock up on inventory, keep up with technology, and market their products. Even the most successful businesses need some help with cash flow from time to time. Computer and accessories financing can provide your business with the working capital needed to succeed.

Business owners can put such funding toward inventory, advertising, warehouse space, or even emergency use. Each part of the supply chain is crucial as a seller. The many costly fees eat into your revenue, and sometimes, it just isn’t enough to rely on the money you have on hand. Financing options exist to get you from point A to point B, but they’re also a great tool to have for day-to-day use.

Computer and Accessories Financing Opportunities

When it comes to funding options, there’s a lot to sift through. Computer sellers are all unique in their budget and business history, so finding the right type of financing is crucial. You’ll need to consider your current needs, funds, and future goals in order to make a final decision. To help you with that decision, we’re going to discuss the best financing options for computer and computer accessory sellers.

computer accessories financing

Bank loan

A bank loan will provide eligible businesses with a large lump sum to manage their business. Traditional banks are useful if you’re looking for a high loan limit and low interest rates, but their requirements are difficult to meet. They may require collateral, and often have a long application process that can take weeks to complete.

Keep in mind that it’s very hard to obtain a bank loan, as you’ll need a lengthy trading history, good credit scores, and a high monthly revenue. If collateral is required, you may be risking vital business assets, such as property, equipment, and inventory if you fail to make the large monthly payments.

Despite the low approval rates, it may be worth applying if you’ve been in business for some time and you’re looking to expand. Startups will want to avoid this type of funding due to the minimum three years of trading history requirement. The large loan limit will provide you with enough cash to purchase more inventory, invest in marketing campaigns, or expand your product offerings.

Revolving line of credit

A revolving line of credit can be compared to a credit card, as you gain funds every time you make a payment toward the limit. You also only pay interest on the portion of the loan you’re using. Eligibility will differ from bank to lender, but it’s often easy to meet their guidelines. You’ll have to search for the lender who fits your specific needs.

You can use a line of credit for anything you want that’s related to your business. If you need more inventory, then you can order it. If you want to expand your marketing budget, you are free to do so. They don’t dictate what you spend the money on. It also helps you build business credit, so you can qualify for a better loan down the line.

Keep in mind that this type of funding often has extra fees and a higher interest rate. It’s the tradeoff for lenient requirements and freedom of use. The borrowing limit is usually on the low side, too. Startups can benefit from this type of funding as can those who are looking for help maintaining their budget.

A revolving line of credit is great for those who need extra cash on hand for day-to-day expenses. Using the loan as an emergency fund would also be a smart move to make, as material costs could rise or equipment could need repairs. It’s a quick solution to your lack of cash, and is one of the easiest to obtain.


Crowdfunding is the option to turn to when you have a great idea and are a talented salesperson. Without business history and a decent credit score, banks and lenders won’t work with you. Instead, through crowdfunding, numerous investors can provide you with the funding you need to launch your idea.

One of the benefits of crowdfunding is that you aren’t obligated to repay the investments. Depending on the arrangement you choose, you’ll give your investors a reward or a small share in your company in exchange for the capital they give you.

There’s always a risk of failure with crowdfunding, and many campaigns don’t succeed in reaching their goals. Therefore, you’ll want to be diligent about your efforts. It’s a challenging option that requires a great deal of time and creativity, but if it’s done right it can be worthwhile. Also, idea theft is always a possibility when choosing this type of funding.

In order to launch a crowdfunding campaign, you’ll need to explore online platforms in search of investors. There are many possibilities out there, but it’s important to find the one that fits your business needs. Then, it’s time to build your campaign. Remember, you’ll need to sell your idea to investors in order to succeed, so it pays to put in the necessary effort.

Equity financing

If you’re looking for business partners, then selling shares of your business may be the way to go. They’ll provide beneficial insight and necessary funding for business operations. This can solve your short-term and long-term problems, depending on the amount of shares you sell. Investors can include family, friends, angel investors, or venture capitalists. Mature companies can utilize an IPO or initial public offering.

After receiving the funds from your investors, there’s no need to pay them back if the business fails. They’ll be entitled to a share of your future profits as well as a decision-making stake in your company. Therefore, there’s no debt to worry about, and you can receive valuable insights from each investor.

Keep in mind that your ownership is diluted with each share you sell. You’ll have to provide shareholders with a percentage of the company’s profits, and these aren’t tax-deductible. Compared to a regular loan, their cut may cost more than the interest you would have paid otherwise.

This is a good solution for startups who need a boost and those that want to expand. If you don’t qualify for regular loans, then equity investors are always an option. However, be careful who you decide to work with, as they will have sway in your operations.

Revenue-based financing

If you have strong, consistent revenue, then you can use it to your advantage. Revenue-based financing is a type of funding that you repay with a percentage of your future sales. This can take a short period of time or a long one, depending on your sales volume.

This type of funding involves a quick application process and you won’t have to dilute ownership. They don’t usually require a credit check or collateral, simply checking your business performance instead. The company is still 100% yours, and all you have to do is pay back the loan over time. Plus, you won’t have to worry about fixed monthly payments, since your repayment amount fluctuates with your sales revenue. This is immensely helpful to seasonal businesses and those with quick changes in demand.

Keep in mind that this type of funding requires steady revenue in order to repay your funding partner. The repayment might cost more than the interest you would have paid on a regular loan, too. Consider all the options before making a final decision. Although this loan type isn’t available to all businesses, it can benefit those that have the knowledge to grow.

Merchant cash advance

If you’re looking for quick and easy funding, a merchant cash advance may be the loan for you. A lender will provide you with a lump sum that you’ll pay off with a percentage of your future credit and debit card sales. The contract can be flexible or fixed, depending on the lender.

The eligibility requirements are very lenient, as they may only require that you be in business for at least three months before applying. This is great for startups looking to boost their cash flow. Even with the flexible requirement, you don’t have to provide collateral.

Keep in mind that the tradeoff for these great perks is a high cost of capital. It can make that monthly payment difficult to make, and regardless of sales volume, they have the right to remove money from your account if you can’t make the payment. This type of funding doesn’t build credit history either, so it won’t help you obtain a better loan down the line.

With the many pros and cons, it’s up to you to decide if a merchant cash advance is the right choice for you. Like revenue-based financing, merchant cash advances are easier to repay for some businesses with fluctuating sales and revenue since they don’t have to stick to a fixed repayment amount.

8fig for Computer and Accessories Financing

8fig has one of the best funding options available for online computer and accessory sellers. We’re a growth partner, providing you with an all-in-one growth platform to help you reach your full potential. 8fig offers eCommerce sellers funding as well as the tools you’ll need throughout the growth process. If you want to be able to plan, manage, and finance your computer and accessory business’s operations, 8fig is the place to go.

Why use 8fig for computer and accessories financing

8fig’s financing options are designed to fit your specific needs. Not every business can afford to repay a large lump sum or even stick to large monthly payments. However, consistent cash flow must be achieved in order to grow. 8fig provides computer and accessories financing in a unique way. You get continuous, flexible capital that is optimized to your cash flow. You can even make adjustments in real time to reflect the natural ups and downs of your business.

How 8fig works

1. Apply

The application process is fast and easy. Answer some questions about your business and sales, and then provide basic information about your supply chain stages and expenses.

2. Connect your store and bank account

In order to provide you with an optimized Growth Plan, 8fig requires that you connect your store and bank account to the 8fig platform.

3. Get funded

With 8fig, you can get funded in just days. Since 8fig funding is continuous, you receive capital infusions into your business right when you need it.

4. Make adjustments

If something changes and you need to adjust your payments, remittance schedules, or even funding amount, you can always do so thanks to 8fig’s flexibility.

5. Grow your business

All that’s left to do is sell, sell, sell. With 8fig, businesses are able to scale 2.5x as fast.

What 8fig offers in addition to financing

8fig is more than a funding platform. We offer many tools that you need to manage and grow your online computer and accessories business. You’ll be able to manage your cash flow, predict sales, and boost revenue all on one growth platform. We’re not a faceless bank that sends you away after the deal is done. 8fig is your business partner every step of the way.

Supply chain mapping tools, forecasting software, and sales analytics will help you achieve your goals while you also receive the computer and accessories financing you need. With these tools in your pocket, you’ll be able to manage your eCommerce business with ease.

Who is eligible for 8fig computer and accessories financing

Compared to traditional banks and other funding solutions, 8fig has lenient eligibility requirements.

With realistic expectations in mind, 8fig works with businesses that have a 12 month trading history, at least $100,000 in yearly revenue, and an average of $8,000 or more in monthly sales for the last three months. If you meet these requirements, you are eligible for funding with 8fig. You can obtain up to 90% of your supply chain costs, which will certainly relieve the pressure on your budget.

How to apply for 8fig financing

It’s easy to apply for 8fig financing, and it only takes a few minutes. Simply answer the questions and follow the prompts and you’ll get funded in no time!