Podcast | Episode 471

Taking a Hard Look at Revenue-Based Loans

Running an eCommerce business can be a wild ride, but it’s not all sunshine and rainbows. One major hurdle that many online store owners face is figuring out how to finance their businesses. So today, I have Bill D’Alessandro, perpetual repeat guest and Founder and CEO at Elements Brands, joining the show again to dive into financing and—more specifically—revenue-based loans, also known as merchant cash advances.

In the episode, Bill drops some serious knowledge bombs about financing your business and the importance of going into it with your eyes wide open and knowing all of your options. Listen in to hear why he’s not a fan of revenue-based loans, the alternatives to look at, and tools for planning your cash flow to avoid falling into the debt cycle in the first place.

You’ll learn:

  • Why Bill hates revenue-based loans. (7:00)
  • The tools for planning cash flow. (15:55)
  • What can drive a business to have more than one of these loans. (18:45)
  • The alternatives to merchant-based loans. (23:25)
  • Why you should avoid Parafin loans. (29:30)
  • Other options to consider for financing. (30:10)
  • How Bill helps entrepreneurs through consulting. (36:45)
  • Lightning round with Bill. (38:50)

Subscribe: iTunes | Stitcher | Amazon

(With your host Andrew Youderian of eCommerceFuel.com and Bill D’Alessandro of ElementsBrands.com)

What Was Mentioned

Image by InspiredImages from Pixabay.

Andrew Youderian
Post by Andrew Youderian
Founder and Chief Instigator, eComFuel Andrew quit an early finance job to sell CB radios online — an admittedly unorthodox career path. It set him on a course to found and sell multiple businesses, host a decade-running podcast, lecture at Harvard Business School and create eComFuel, the leading community for 7- and 8-figure online business owners. Andrew is fascinated with branding, AI, building community, investing and growing meaningful businesses that don't require sacrificing what truly matters.
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