The case for and against. What 8fig does well, and when it costs too much.
For. What works in its favour.
- Fast funding (offer in ~24h).
- No equity or collateral required.
- No personal credit check.
- Flexible repayment tied to sales.
- You have 6+ months in business with consistent monthly revenue.
- You prefer to avoid traditional loans and credit checks.
Against. What to plan for.
- Strict eligibility criteria on trading history and revenue.
- Limited to Amazon and Shopify mainly.
- Revenue-based rates can add up quickly.
- You don't sell on supported platforms.
- You prefer fixed rates over revenue-based models.
