Definition

Using technology at checkout to process sales and manage inventory. A good system speeds up transactions and keeps records clear.

What to consider

  • Review repayment terms carefully.
  • Align financing with projected sales cycles.
  • Plan for scalability.

Real world scenarios

  • An online retailer secures financing to invest in website improvements and digital marketing.
  • A digital startup uses e-commerce financing to purchase additional inventory.
  • A small online business leverages financing to expand its product range.

Related terms

Entrepreneurial Finances