Why should you choose C2 Capital over bank financing for your marketplace business payment?

What is working capital?

Working Capital is the liquid assets that a company has over and above its liabilities to run the business's day-to-day operations. It is an essential component of running a business. It is generally calculated as [(Cash + Bank balance + debtors + closing stock) – (Creditors + short term liabilities)]

Why is it important?

The Working Capital of a company gives out a picture of its operational efficiency and ability to pay off its short-term debt. It is equally vital for the company's financial health as well as for the investors.

Problems faced by businesses in an online marketplace:

There is a fair amount of delay for receiving payments from an online marketplace for the sales orders executed through it. This delay creates significant challenges to keep up the business as it dries up the working capital available to the company.

The traditional sources of finance for this marketplace are not easy to find and often prove to be very expensive both in terms of time taken to structure the financing arrangement and the cost as a dedicated person is required to manage the e-commerce financing of the various marketplaces.

Here's how C2 Capital comes in to help:

C2 Capital is an e-commerce payment solution that finances the businesses irrespective of their size to maintain their working capital requirements while relieving them from maintaining the receivable reconciliations for the various marketplaces.

C2 Capital provides financing services, but it also provides a highly informative dashboard to manage all their orders, shipments, receivables, and funding from the different online markets place under one platform.

C2 Capital works with Top 20 European marketplaces, including Rakuten and Amazon, to provide businesses with the working capital they need without much hassle to focus on growth more than compliance.

A business can get the eligibility approved in just two days and receive payment for their goods sold in days rather than waiting weeks for online marketplaces to process the payment.

Advantages of choosing C2 Capital over traditional banks:

C2 Capital does not require any minimum turnover to be eligible for early marketplace payments. Such financing is available for all types of transactions while a traditional bank will require a turnover of a minimum of 10 million Euros. Even if this criterion is met, the other condition being it should be billed to businesses and not individuals.

C2 Capital provides flexibility in terms of both duration of the financing contract and the amount of financing. Also, there is no ceiling limit for the amount of e-commerce financing available like traditional banks.

There are no hidden charges that C2 Capital would charge the businesses like the banks or factoring agents do. The entire operation is transparent and controlled. C2 Capital charges a fixed amount to companies so that companies can be sure of their cash flow.

While traditional banks focus on staying averse to their risk, C2 Capital focuses on the businesses' growth by providing early marketplace payments when they need it the most and in a cost and time-efficient manner.

Conclusion:

C2 capital is better in every way than the traditional banks and factoring and helps businesses to grow the business exponentially while maintaining the day-to-day working capital requirements also while giving comprehensive information on the dashboard giving businesses more control over their operations.

C2 Corner

Address: C2, 111 avenue Victor Hugo Paris, France 75016

Email: community.management@c2corner.com

Founded in 2014 by Thomas C.Solal and Arnaud Solal, C2 has come a long way from its beginnings and has helped many businesses in the E-commerce & Marketplace domain.

This release was published on openPR.