According to CoreCommerce, if you can surf the internet, you can build an online store using their services. No doubt the 13,000 online businesses in 70 countries that they currently serve, would agree. We’re excited to help CoreCommerce grow their business with revenue-based financing.
With CoreCommerce’s easy setup and abundance of features, customers can have their e-commerce store up and making money in no time. BJ Lackland, CEO of Lighter Capital says, “We think CoreCommerce has a very robust product offering. Their ability to get anyone set up with an international storefront gives them a real competitive advantage.”
The company has increased revenues to several million dollars in five years with no outside investment. When it came time to find that extra capital boost, it was important to Matt DeLong, CoreCommerce’s CEO and Founder, to find capital that would let him grow without sacrificing control of the company.
“Lighter Capital’s RevenueLoan is a great fit for our business,” DeLong said. “We needed a capital injection to help us capitalize on the market opportunity in front of us and we like the flexibility revenue-based financing affords us.”