Innovative financing options to help business owners grow
operations from the comfort of the Cin7 software platform
DENVER, Aug. 6, 2024
/PRNewswire-PRWeb/ -- Cin7, an industry-leading cloud-based
inventory and order management software provider, today announced
the launch of Cin7 Capital, an integrated lending platform to help
customers run and expand their businesses from within Cin7 Core and
soon Cin7 Omni.
First-to-market in the inventory management industry, Cin7
Capital's financing options help product sellers and small to
midsize businesses (SMBs) get the capital they need. In fact, more
than 75% of small business owners report access to credit as a
major concern. Cin7 Capital helps these companies – which may be
stuck in traditional financing models – manage operations, receive
financing, and view their financials all from one central platform
by offering customized invoice financing solutions without ever
leaving the Cin7 platform.
"Cin7 Capital is a new, high-impact way we are empowering our
customers to not just survive but thrive in their inventory
management," said Ajoy
Krishnamoorthy, CEO of Cin7. "The product launch is a
tremendous step towards unlocking unprecedented possibilities for
SMBs to grow businesses in an unpredictable economy, where access
to credit is a major challenge. Not to mention, it is a testament
of our commitment to supporting our global customers as they
navigate their financial challenges and drive growth for their
business."
Cin7 Capital connects its business owners to vetted sources of
funding to help them power and grow their operations within
software that they already use. As part of our Connected Inventory
Performance promise, Cin7 users can manage their operations, view
their financials, and receive financing all from one central hub -
setting the company apart from the competition.
The platform is purpose-built to meet the needs of SMBs and
requires no additional training or resources. Unlike other lending
options that have lengthy applications and hidden fees, Cin7
Capital gives users the ability to receive multiple offers and
financing options, starting with a user-friendly application and
transparent pricing and fees.
Currently, Cin7 Capital focuses on U.S.-based customers using
Cin7 Core and plans to expand in the coming months. More info,
customers and use cases about Cin7 Capital will be revealed at the
upcoming Cin7 Partner Summit on August 19-
21, 2024. This multi-day event offers networking
opportunities, insights from the Cin7 executive team, and unique
certifications and training.
This announcement comes on the heels of Cin7's acquisition of
[Inventoro, which uses AI for sales forecasting and replenishment,
and further underscores Cin7's growth and product momentum, as a
beacon in Next-Level Intelligent Commerce.
To learn more, visit http://www.cin7.com.
About Cin7
Cin7 provides Connected Inventory Performance – cloud-based
inventory management software that gives growing product businesses
an automated and real-time view of the entire inventory lifecycle.
Cin7's products, Core and Omni, natively integrate with over 700+
applications, so business owners can consolidate, streamline,
automate, and scale their inventory operation from one place.
Founded in 2012, Cin7 has grown into a global force, supporting
product sellers in 100+ countries, serving 8,000+ customers and
processing over 125 million orders annually.
Cin7 Capital is powered by Kanmon Inc. All loans are subject to
credit approval. Terms may vary. Cin7 Capital loans are issued by
Kanmon. Loans are made pursuant to a Department of Financial
Protection and Innovation California Lenders Law License.
Media Contact
Lindsay Mahaney, Kickstand,
4197649705, cin7@meetkickstand.com, https://www.cin7.com/
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SOURCE Cin7