Walmart is collaborating with a provider of financing solutions for e-commerce sellers.
The discount behemoth is adding Austin, Tex.-based e-commerce funding specialist Onramp to its Walmart Marketplace third-party online sales platform. As a result, independent sellers and small retailers on Walmart Marketplace will now have access to flexible funding packages to help drive scale.
With this integration, Onramp can offer online sellers on Walmart Marketplace growth capital funding for business functions like inventory management, marketing, and shipping, with repayment terms that are directly aligned with their sales performance.
Source: Chain Store Age
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