ShipBob Unlocks Access to Funding for its Merchants with ShipBob Capital, an Easy, Affordable Financing Option

CHICAGO, Feb. 27, 2025 /PRNewswire/ -- ShipBob, a leading global supply chain and fulfillment platform for SMB and Mid-Market ecommerce merchants, today announced that its customers in the U.S. can now apply for capital through a new financing program called ShipBob Capital*, which is powered by J.P. Morgan-backed Slope and offers a flexible line of credit that merchants can withdraw at any time.

Eligible merchants can get approved for up to $250,000 instantly and up to millions of dollars in as soon as two business days, choosing from a variety of best-in-class repayment plans with competitive APRs. The application process takes roughly five minutes to complete and is designed to simplify the financing process with transparent terms and no hidden fees or lengthy contracts.

"I'm glad Shipbob is now offering this service," said Mauricio Gomory, CEO of Julian Bakery. "We were approved for ShipBob Capital on the same day and the application process was very smooth and quick. We can keep growing our business without having to worry, knowing that we have access to capital as soon as we need it."

"We were thrilled to be able to get approved to the ShipBob Capital program so quickly in January this year," said Claudio Storelli, Executive Chairman of Storelli Group. "There are a lot of options out in the market, but we did not find anything that was as affordable or as quick to get approved. We were able to get approved for a 6-figure line of credit in less than 24 hours, which was incredible. To have ShipBob, our partner on the supply chain side, also help us gain financing for inventory purchases, marketing, and more is really a differentiator for us."

"Running an ecommerce business comes with unique challenges, from acquiring upfront investments and responding to an ever-changing landscape to managing inventory turnover and meeting growing customer demand. With ShipBob Capital, our merchants can access the funding they need to invest in their business and scale, whether that means stocking up on more inventory or launching new products, without worrying about cash flow constraints," said Dhruv Saxena, ShipBob CEO and co-founder. "We want to help enable our merchants to compete and thrive in the fast-evolving world of ecommerce by providing the resources they need to unlock their full potential in the most convenient way possible."

Existing ShipBob customers can learn more by clicking the Finances tab in their ShipBob dashboard and navigating to the ShipBob Capital link. For more information, visit https://www.shipbob.com/partners/slope/ 

About ShipBob

ShipBob is a leading global supply chain and fulfillment technology platform designed for SMB and Mid-Market ecommerce merchants to provide them access to best-in-class capabilities and to deliver a delightful shopper experience. ShipBob's technology provides merchants a single view of their business and customers across all sales channels to manage products, inventory, customization, orders, and shipments, leveraging real-time analytics and reporting, dedicated support, and access to over one hundred technology and retail partners. Merchants can outsource their entire fulfillment operations, utilize ShipBob's proprietary warehouse management system for in-house fulfillment, or take advantage of a hybrid solution across ShipBob's 60+ fulfillment center network in the United States, Canada, United Kingdom, Europe, and Australia. Learn more by visiting shipbob.com.

*ShipBob is not a lender, does not evaluate loan applications, nor extend credit to any applicant.

SOURCE ShipBob