As the retailer looks for more ways to support its third-party marketplace sellers, Walmart has brought Onramp on board as a funding provider.
Onramp announced that it has joined Walmart’s marketplace, connecting its funding platform to allow the retailer’s e-commerce sellers to access fast, flexible financing solutions to help them drive scale.
Now, Onramp can now offer Walmart marketplace growth capital funding for business functions such as inventory management, marketing and shipping, with repayment terms that align with their sales performance. Onramp customers who already sell on Walmart’s marketplace can also take advantage of this integration, while Onramp customers not currently selling on Walmart.com can capitalize on the new program by becoming a Walmart Marketplace seller.
“As an approved Walmart Marketplace Solutions Provider, Onramp can now help sellers on Walmart Marketplace secure funding to grow their business faster,” said Eric Youngstrom, Onramp’s CEO. “We’re thrilled to be helping sellers on Walmart Marketplace scale their businesses and achieve success. The opportunities for growth available to e-commerce sellers are phenomenal. We’re honored to be a partner to e-commerce business owners in facilitating the access to cash necessary to grow.”