This is an interesting look at how a platform may acquire smaller brands and offer more options for those brands selling under $1 million.
WHITEFISH, MT, February 21, 2022 /24-7PressRelease/ — UFS, a leading provider of business start-up and acquisition financing has partnered with Flippa, the world’s leading marketplace to buy and sell online businesses. The partnership enables Flippa to offer a range of easily accessible funding solutions, including acquisition funding and business growth capital for start-ups and pre-revenue online businesses.
Buyers on the Flippa platform can now have additional access to acquisition financing of up to $450K to acquire any online business listed with Flippa. UFS offers a range of unsecured funding solutions based solely on buyer creditworthiness, meaning funding can be used for any Flippa listing, regardless of target business cashflows, recurring revenue or sales numbers. For buyers with good to excellent credit and some form of current income, UFS is a perfect, quick and easy funding solution.
In addition, business owners and sellers on the Flippa platform can work with UFS to access unsecured business growth capital to be used to fund inventory, invest in marketing or any related business purpose. The application process can be completed in minutes, and, for qualified clients, funding can often be available within 1-2 weeks.
“The market to buy online businesses is accelerating, and our over 3 million buyers and sellers have welcomed our funding partners like UFS,” noted Blake Hutchison, CEO of Flippa. “With UFS, we have amplified the options to access streamlined, quick unsecured funding solutions to qualified buyers and immediate growth capital to owners and sellers.”
“Providing quick access to flexible funding solutions is our specialty,” noted Grant Ferguson, CEO of UFS. “Empowering entrepreneurs on the leading platform to buy and sell online businesses makes Flippa the perfect partner for our unsecured funding solutions.”