This AM-PM Podcast episode interviews Russell Walraven of 8Fig, an e-commerce funding company, about financing options for online businesses. The discussion covers the pros and cons of different funding methods, including merchant cash advances (MCAs) and equity investments, highlighting the risks and benefits of each. Walraven details 8Fig's unique approach, offering flexible funding plans tailored to e-commerce supply chain needs, with repayment periods ranging from 6 to 12 months and the ability to adjust payments. He also advises listeners to research financing options before needing funds and to be wary of lenders who prioritize their own profits over the borrower's financial health. The interview concludes with practical advice on identifying red flags in lending agreements and resources for finding suitable funding.
