Replenish inventory with an alternative line of credit

This is a new product from Fundomate for highly qualified merchants who have 680+ credit scores and is similar to a line of credit.

Every business owner knows you’ve got to spend money to make money—but getting that money in the first place can be elusive. As a retailer, you need to replenish your inventory often to keep your store fresh and keep customers coming back to see what’s new. Many retailers rely on business lines of credit when it’s time to restock—but more retailers are turning to alternative funding sources to get fast loans with great interest rates and flexible payment terms. In this blog, we’ll talk about one such loan type, and how it can help you purchase new inventory quickly, and grow your business faster.

What is an alternative line of credit?


An alternative line of credit, also called a short-term growth capital loan, allows you take out a loan for your business, hold the principal, and pay only the monthly fee, for the full term of the loan.

How We Help Businesses Grow


Fundomate's alternative line of credit allows businesses to grow faster than they might be able to do on their own by supplying capital to support inventory growth.

Let’s say you’ve just discovered a new product you know your customers will love—and best of all, you can purchase it at a great price, with the potential to sell it for a lot more. You know this product will sell, but you don’t have the capital to purchase it. An alternative line of credit allows you to purchase enough products to stock your store—and wait for sales to come through before you pay back the principal. In the meantime, you only pay interest. Your payback term can range from one to six months, depending on the terms of your alternative line of credit.

Who qualifies for an alternative line of credit?


This product works best for businesses that are established, but still have room to grow. At Fundomate, our alternative line of credit requires a personal FICO credit score of at least 680, with an average minimum of $90,000 in monthly gross revenue over the last 12 months. To qualify, your business must be at least two years old.

What makes Fundomate’s Alternative Line of Credit Different?


• Quick and Easy Approval Process

Apply online in minutes, and get approved fast.

• Transparent Loan Terms

Our online calculator makes funding costs clear, with an adjustable slider for the amount borrowed, funding terms, and fee rates.

• Fast Decision, Fast Funds

You can access your funds in as little as 24 hours.

• Flexible Payments

Pay weekly or monthly and even take advantge of the available early payment options

Fundomate’s alternative line of credit can be a great option to replenish your inventory today, and grow your business for tomorrow.

Visit to learn more.