- June 15, 2021
- Posted by: Stratford Team
- Category: Business
BUFFALO, N.Y., June 15, 2021 (GLOBE NEWSWIRE) — If there is one thing that saved retail in 2020, it was eCommerce. Consumers trapped in their homes, with time on their hands, came to depend on businesses that could keep them connected with the outside world. Companies that could keep up with demand were able to survive in ways unfathomable even 15 years ago. Unfortunately not every retailer and manufacturer has the crucial capital needed to reinvest in additional inventory.
Kickfurther, the first crowdfunded inventory funding platform, (who last month announced a $5.9M Seed Plus funding round) provides mid-sized product entrepreneurs access to capital they need by allowing them to participate on its web-based crowdfunding platform. Businesses can let Kickfurther users know they need funding for specific inventory and will provide profit to users as the funded inventory sells. The users can review the business, the inventory being funded and…