SellersFunding Profile

Deal Summary

23


Deals Funded

$23,175,000


Total Issued

$475,779


Interest Paid

9.99%


Wtd. Avg. APY

79.1


Wtd. Avg. Duration

$1,007,609


Avg. Deal Size

About SellersFunding

SellersFunding is a data-driven online marketplace lender that offers flexible capital solutions to a variety of Amazon retailers seeking cash flow to satisfy working capital needs and ongoing operations. The company leverages its experience in machine learning and financial modeling to provide funding via two financing options: term loans and revenue advances, both of which offer a fast and seamless application process that empowers merchants to invest in their growth. To underwrite the term loans and revenue advances, the company uses a proprietary algorithm-based system to assess the past sales performance and consistency of the merchants based on their publicly-available retail information and other merchant data including, but not limited to, sales, expenses and other operating data, as well as banking information, credit reports and credit scores.

In 2018, SellersFunding originated over $10mm of combined term loans and revenue advances and strong year-over-year growth is expected in 2019.


COMPANY FACTS

Founded: 2017

Sector: SMB Loans & Advances

HQ: New York, NY

Key People: Ricardo Pero (CEO)

SURVEILLANCE REPORTS

Originator Data

SellersFunding: APYs over time

Past Deals

  • deal history

Close Date

Name

Deal Size

Duration (days)

APY

1/2/19

Ultra Short Term Accounts Receivable Financing 1-A

$20k

30

12.87%

1/24/19

Short Term E-Commerce Financing 1-B

$500k

90

10.53%

2/15/19

Ultra Short Term E-Commerce Financing 1-C

$750k

30

10.03%

3/13/19

Medium Term E-Commerce Financing 1-D () 

$750k

270

15.00%

3/15/19

Ultra Short Term E-Commerce Financing 1-E () 

$550k

30

10.03%

4/15/19

Ultra Short Term E-Commerce Financing 1-F () 

$500k

30

9.75%

4/24/19

Short Term E-Commerce Financing 1-G () 

$1.0M

82

10.25%

5/15/19

Ultra Short Term E-Commerce Financing 1-H ()

$600k

30

9.75%

6/15/19

Ultra Short Term E-Commerce Financing 1-I ()

$1.00M

30

9.75%

7/15/19

Ultra Short Term E-Commerce Financing 1-J ()

$1.50M

30

9.50%

7/15/19

Short Term E-Commerce Financing 1-K ()

$2.0M

90

10.00%

7/15/19

Medium Term E-Commerce Financing 1-L ()

$500k

180

10.75%

8/15/19

Ultra Short Term E-Commerce Financing 1-M ()

$1.50M

30

9.50%

9/15/19

Ultra Short Term E-Commerce Financing 1-N ()

$500k

30

9.50%

10/15/19

Ultra Short Term E-Commerce Financing 1-O ()

$1.65M

30

9.00%

10/15/19

Short Term E-Commerce Financing 1-P ()

$300k

90

9.50%

10/15/19

Medium Term E-Commerce Financing 1-Q ()

$950k

180

10.25%

10/15/19

Medium Term E-Commerce Financing 1-R ()

$1.50M

360

14.00%

11/15/19

Ultra Short Term E-Commerce Financing 1-S ()

$1.05M

30

9.00%

12/15/19

Ultra Short Term E-Commerce Financing 1-T ()

$1.50M

30

9.00%

1/15/20

Ultra Short Term E-Commerce Financing 1-U ()

$1.575M

30

9.00%

1/15/20

Ultra Short Term E-Commerce Financing 1-V ()

$1.23M

45

9.125%

2/15/20

Short-Term Mobile App Financing 1-W

$2.00M

30

9.00%

Links to Ethereum contract for each deal

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