AccrueMe Reviews
AccrueMe Customer Reviews (20)
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AccrueMe Customer’s Q&A
AccrueMe FAQs
How does AccrueMe make money?
AccrueMe is a company that provides growth capital to successful Amazon sellers. They match a seller's capital, dollar for dollar, up to 1 million dollars, in exchange for a temporary profit share in the business. The amount of profit share depends on the business's performance and is relative to the amount of capital both parties have invested. AccrueMe makes money by taking a percentage of a seller's net profits. They do not issue loans, charge fees, or require fixed monthly payments. This means that AccrueMe only earns money when the Amazon sellers they invest in make a profit. This unique structure allows Amazon businesses to grow faster and increase their profits.
Can I use AccrueMe if I don't sell on Amazon?
AccrueMe is a fintech company that provides growth capital to successful Amazon sellers. It matches a seller's capital, dollar for dollar, up to 1 million dollars, in exchange for a temporary profit share in the business. It does not require Amazon third-party sellers to give up any part of their business in exchange for additional capital. Instead, AccrueMe earns a portion of the business' net profits per month. It is available even to sellers who are not based in the United States, as long as they have a US-based LLC. However, it seems that AccrueMe primarily works with Amazon sellers. Therefore, if you don't sell on Amazon, it may not be applicable to you. Please verify this information directly with AccrueMe for the most accurate and up-to-date details.
About accrueme.com Prices and Cost?
AccrueMe is a fintech company that helps Amazon businesses scale using a unique profit sharing model. It invests a minimum of $10,000 up to $1 million for each business that qualifies, depending on the business’ assets. It does not require Amazon third-party sellers to give up any part of their business in exchange for additional capital. Instead, AccrueMe earns a portion (5% to 25%) of the business’ net profits per month. It is available even to sellers who are not based in the United States, as long as they have a US-based LLC. AccrueMe works by giving additional capital to profitable FBA sellers on Amazon.com. There are no fees, interests, or fixed monthly payments. AccrueMe makes money by taking a percentage of a seller’s net profits. So if the business does not make money (or worse, loses money), the seller-borrower does not owe the company anything during that month. AccrueMe gives additional capital up to how much the business has in assets. For example, if your business is worth $50,000 and you want to scale it faster, AccrueMe can give you up to $50,000. It then earns half of its capital percentage based on your net profits, i.e., your revenue minus your COGS, Amazon fees, and PPC. The company is able to monitor your business in real-time by using Amazon’s API. In our example, AccrueMe has a 50% share in the total capital, and it is entitled to 25% (half of 50%) of your net profits. The seller can choose to pay this back to the company or keep it and add it to the capital. Hence, sellers can choose to accrue the company’s share in the profits. This can be done indefinitely until the owner sells the business. Profit-sharing is calculated on a monthly basis. So if you have a bad month where you actually lost money, you don’t owe AccrueMe anything for that month.
How does AccrueMe make money?
AccrueMe operates by providing additional capital to profitable FBA sellers on Amazon.com. Unlike many e-commerce financing methods, AccrueMe does not issue loans, and there's no need for a personal guaranty. There are no fees, interests, or fixed monthly payments. AccrueMe makes money by taking a percentage of a seller's net profits. It provides Growth Capital to Successful Amazon Sellers and matches a Seller's Capital, dollar for dollar, up to 1 Million Dollars ($1,000,000) in exchange for a Temporary Profit Share in the business. The amount of their profit share depends on a business's performance and is relative to the amount of Capital both parties have invested. AccrueMe only earns money when the seller earns a profit. Their goal is to help sellers grow and earn bigger profits. This is a true win-win. If a seller has a bad month, they only pay AccrueMe when it makes sense for them to pay. AccrueMe is happy to let sellers keep their money in the business and use it to continue purchasing inventory and growing, so that the seller can scale their profits and both the seller and AccrueMe can increase their earnings.
About accrueme.com Popular Products and Services?
AccrueMe is a funding solution designed specifically for e-commerce businesses, particularly Amazon sellers. The service provides businesses with growth capital in exchange for a percentage of their profits. This allows businesses to invest in their growth without incurring debt or diluting ownership. AccrueMe offers growth capital of up to $5 million to Amazon sellers. They invest on a temporary basis, for a share of profits, and don’t receive any permanent ownership. Sellers can access business tools to customize their strategies and receive feedback from the AccrueMe team. AccrueMe’s profit share is 5-25%, relative to the capital invested. There are no monthly payments or interest. The service is available to sellers who have been selling on Amazon profitably for six months. AccrueMe is a New York-based fintech startup offering growth capital with no interest payments and no loss of ownership.
How does AccrueMe make money?
AccrueMe operates by providing additional capital to profitable FBA sellers on Amazon.com. Unlike many e-commerce financing methods, AccrueMe does not issue loans, and there's no need for a personal guaranty. There are no fees, interests, or fixed monthly payments. AccrueMe makes money by taking a percentage of a seller’s net profits. It provides Growth Capital to Successful Amazon Sellers and matches a Seller's Capital, dollar for dollar, up to 1 Million Dollars ($1,000,000) in exchange for a Temporary Profit Share in the business. The amount of their profit share depends on a business's performance and is relative to the amount of Capital both parties have invested.
What are the requirements to qualify for funding from AccrueMe?
To qualify for funding from AccrueMe, you need to meet the following requirements:
- You must be a successful and profitable Amazon Seller.
- You need to demonstrate a profitable track record of selling on Amazon for 6 months.
- Your business should have at least $10,000 (their minimum investment).
- Your business must be a US-based LLC.
Please note that AccrueMe provides growth capital to successful Amazon sellers and matches a seller's capital, dollar for dollar, up to 1 million dollars in exchange for a temporary profit share in the business. They do not require monthly payments, charge an interest rate, require a personal guarantee, or require a credit check.
Are there any other companies like AccrueMe?
Yes, there are several companies that are similar to AccrueMe. These include Clearco, which provides equity-free capital solutions to e-commerce businesses, 8fig, which offers growth planning and funding software designed for online retail stores, and SellersFunding, a global financial technology company that operates in the e-commerce industry and provides a range of financial solutions. Other competitors include Kabbage, a financial service company that extends credit to small businesses online, and Payability, a fintech company that provides flexible financing solutions to eCommerce sellers.
About accrueme.com Payment Method?
AccrueMe is a unique funding platform for Amazon sellers. It provides Growth Capital to successful Amazon sellers by matching a seller's capital, dollar for dollar, up to 1 Million Dollars ($1,000,000). This is done in exchange for a Temporary Profit Share in the business. The amount of profit share depends on the business's performance and is relative to the amount of capital both parties have invested.
One of the key features of AccrueMe is that it does not require monthly payments, interest rate, personal guarantee, or a credit check. AccrueMe only earns money when the seller earns a profit. This means that the seller only pays AccrueMe when it makes sense for them to do so. If the seller has a bad month, they can keep AccrueMe's money in their business and use it to continue purchasing inventory and growing. This way, both the seller and AccrueMe can increase their earnings.
In summary, AccrueMe's payment method is based on a profit-sharing model rather than a traditional loan model. This allows for flexible payments and aligns the interests of both parties towards the growth and profitability of the business.
How does AccrueMe make a profit?
AccrueMe operates by providing additional capital to profitable FBA sellers on Amazon.com. Unlike many e-commerce financing methods, AccrueMe does not issue loans, and there's no need for a personal guaranty. There are no fees, interests, or fixed monthly payments. AccrueMe makes money by taking a percentage of a seller's net profits. It earns a share of the Amazon Net Profit, which means AccrueMe only gets paid when the seller makes a profit. AccrueMe provides Growth Capital to Successful Amazon Sellers and matches a Seller's Capital, dollar for dollar, up to 1 Million Dollars in exchange for a Temporary Profit Share in the business. The amount of profit share depends on a business's performance and is relative to the amount of Capital both parties have invested.