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Online Lender Pioneer, SellersFunding Launches Algorithm to Streamline Funding for Amazon Merchants

Set to speed the avenue to increase sales growth, SellersFunding announces the launch of an algorithm that predicts performance for Amazon sellers.

RYE, N.Y., Nov. 9, 2017 /PRNewswire/ -- As sales from Marketplace outpace Amazon's own sales, sellers need increased funding for things like, advertising and purchasing inventory. To predict merchant performance with laser focus and deliver faster and better credit, trailblazing funding platforms like SellersFunding cut to the chase. With a seat at the e-Commerce table, their newest machine learning algorithm delivers credit by first interpreting performance past, present, and future. Gone are the days of stodgy loans from brick and mortar banks in the business of mitigating progress.

So how does the new technology work? The SellersFunding model interprets data like products, prices, payments, customer reviews and feedback. With more than fifteen billion single data points on tap, all rigorously tasked, the company's model can boast high levels of accuracy. 

Ricardo Pero, CEO of the company, said of the AI's potential, "Basically, the seller's public information predicts performance. Our algorithm uses it to estimate the amount, the terms, and the interest rates that would optimize the merchant's results for the next 30, 90, 180 and 360 days. We've put the focus on the seller's success because we, unlike traditional lenders, understand this business completely. We support our clients in ways that are integral to selling on Amazon."

Options like SellersFunding open wide the sourcing and shipping cycles for sellers. Wait times can be upwards of 180 days to receive product manufactured abroad. This can be lessened greatly by an infusion of working capital.

Pero adds, "Even though automating the lending process is important, talking to a real person that can help expedite growth in a virtual arena is key. Amazon sellers need to build relationships with lenders who understand the metrics associated with online marketplaces."

For more information visit https://www.sellersfunding.com.

About SellersFunding:
SellersFunding is based in Rye, New York and provides loans and funding for merchants selling on Amazon. 

Contact:
Ricardo Pero
CEO, SellersFunding
(914) 231-0322

View original content:http://www.prnewswire.com/news-releases/online-lender-pioneer-sellersfunding-launches-algorithm-to-streamline-funding-for-amazon-merchants-300552821.html

SOURCE SellersFunding

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