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What Is Amazon Lending?

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Amazon is a leading online retailer and cloud service provider with millions of sellers worldwide. If you sell products on Amazon, you may qualify for different types of loans to fund your inventory. Amazon lending is an umbrella term for various loan products available for e-commerce sellers on the platform. The term can refer to the lending program designed specifically for Amazon sellers but often includes other options.

The Amazon Lending Program

The Amazon Lending Program is a unique option for sellers on Amazon. As the name suggests, the program is designed for Amazon sellers only, so you must have an Amazon Seller Account to qualify. The lending program offers sellers short-term loans and doesn’t rely on credit card checks. Amazon examines your account, gross sales, customer reviews, and other aspects. 

How Amazon Lending Works

The Amazon Lending Program is invitation-only, meaning you must wait for Amazon to invite you to participate. Once invited, you can apply for a loan to fund your inventory. Amazon will recoup the loan directly from your future sales. To qualify for the lending program, you must be a small business owner selling goods on the Amazon marketplace. You’ll receive a lump sum amount attached to fixed interest yt1s.

Here’s more about Amazon lending:

1.    Loan Eligibility

The Amazon Lending Program is only available to e-commerce sellers with an Amazon Seller Account. Amazon will send you an invitation through your seller account. No public disclosures of the loan terms or eligibility are available. Sellers who’ve successfully applied for the loan suggest meeting the following requirements:

•    Sign up for the Amazon seller account
•    Sell on Amazon for several months (at least a year)
•    Meet a gross sales threshold 
•    Gather high customer satisfaction ratings
•    Follow all marketplace guidelines without violation
•    Avoid copyright and trademark infringement

2.    Loan Application

You can check eligibility by signing into your Amazon Seller Account. If you’re eligible, you can choose a financing option. Amazon offers term loans, interest-only loans, and line of credit loans. Review each option to select the most suitable loan for your needs. Next, complete the simple online application process and wait for your loan. Amazon will then disburse the amount

3.    Loan Terms

The Amazon Lending Program allows sellers to apply for short-term loans for inventory funding and store expansion. You can choose different repayment periods, including up to one year. The minimum amount you can receive is $1,000, while the maximum is capped at $750,000. Repayment terms and interest rates aren’t definitive, but Amazon charges lower interests than conventional business loan products.

Using Loans from the Lending Program? 

Amazon restricts how you use the loans received through the lending program. Unlike other business loans, you won’t receive a withdrawable lump sum amount. The loan is only available for inventory financing, so you can use it to replenish or expand your Amazon inventory. You’re restricted to the Amazon inventory, meaning the loan can’t be used on any other marketplace. This restriction is one of the few shortcomings of the Amazon Lending Program.

Pros of Amazon Lending Program

•    Leverage the Amazon marketplace
•    Enjoy an easy application process
•    Doesn’t require credit cards or traditional loan checks
•    Offers lower interest rates
•    Features fewer fees

Cons of Amazon Lending Program

•    Only available for Amazon sellers
•    Limited use of loan funds
•    Fixed deductions from the seller account
•    Your inventory acts as collateral 

Alternatives to the Lending Program

The Amazon Lending Program is the premier loan designed for sellers on the Amazon marketplace. Not everyone will qualify for the loan or find it desirable. E-commerce sellers have many other options when looking for business loans. You can take a term loan, personal loan, merchant cash advance, line of credit loan, collateralized loan, and more. Here’s a brief overview of the top alternatives to the lending program:

•    Merchant Cash Advance: MCA loans offer a lump sum amount for a percentage of your future sales. The loan plus interest is deducted directly from future credit and debit card sales. You need an excellent credit score and must meet the sales threshold set by the lender.

•    Business Term Loan: Refers to a traditional loan product available at banks, credit unions, and online lenders. You’ll receive a lump-sum payment with fixed interest and can pay through regular installments. Each lender has unique credit and sales requirements. 

•    Other Seller Loans: MCA and business term loans are the most recommended products for e-commerce sellers. Amazon sellers can apply for personal, peer-to-peer, and credit card loans. Such products may feature higher interest and fees and shorter repayment terms.

Funding for Amazon and eCommerce Sellers

Are you looking for a reliable Amazon lending option for your online store? The official ALP program is one of many options. You can consider other options if you don’t qualify for a loan through the marketplace’s direct lending program. MCA, business term loans, and lines of credit are all feasible. Make sure you choose trustworthy lenders that can guarantee easy access to working capital for your business. 

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Business & Finance

What is IFVOD television?

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What precisely is IFVOD television, and for what reason would it be advisable for you to utilize it? Present-day innovation has achieved unrest all through all circles of presence. Today, the web is acquiring prevalence among individuals. To this end, individuals across the world are as keen on web-based entertainment stages as well as web innovation. Everybody appreciates TV projects, and everyone is anticipating watching the top network shows during their recreation time.

Various individuals love different television programs. TV programs are believed to be unrivaled since they are the primary wellspring of diversion for individuals. Likewise, there is an assortment of data that demonstrates the way that individuals can discover during their extra time. Before, some time ago individuals sat in front of the network shows on link and TV. Nowadays, all affection Programs and everybody approaches the web to stream network shows. General society is continuously looking for ways of picking the most fitting shows to partake in their number one shows.

Numerous sites are offering the top TV programs. Chinese Programs are cherished and loved by everybody. Chinese Programs were made in China and afterward became famous around the world. There is an assortment of Chinese Programs that watchers overall can appreciate. Chinese Television programs are converted into different dialects, which is the motivation behind why they captivate individuals everywhere.

Numerous sites offer the most well-known Chinese Television stations to individuals to appreciate them. IFVOD television is one of the top stations that offer the top Chinese TV projects to watchers. This channel is eminent for offering top Chinese programming. Furthermore, it gives in excess of 900 channels, sporting events, and television series from Chine. Each Program notable in China is through the IFVOD Station.

It’s exceptionally helpful approaching this IFVOD TV station. Each of the one requirements is an electronic gadget associated with a web association. A savvy television or cell phone with a web association will permit individuals to get to the IFVOD television.

The IFVOD television application is among the most well-known and most famous television sites. It has simplified it for clients to stream Chinese projects on television and Android gadgets. This application was intended to permit clients to approach the most solid versatile organization and the greatest television programs.

Highlights

IFVOD television is one of the stations that has been acquiring notoriety in general society. It is popular on the grounds that it has various choices. This has driven individuals to select IFVOD to stream Chinese shows and that’s just the beginning. The most conspicuous highlights that have helped put IFVOD television on the map among individuals are recorded beneath.

It is easy to access since individuals get speedy admittance to the channel.

It is popular in light of the fact that it gives an extensive variety of Television programs.

The general population can access and watch more than 90 Network programs.

It is well known in light of the fact that watchers don’t need to pay for a membership.

It is renowned on the grounds that it offers top-quality programming to watchers.

It is captivating in light of the fact that it is viable with gadgets.

It is viewed as advantageous since everybody overall approaches the channel.

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MyChargeBack Client Recovers $300,000 Plus Damages from Crypto Fraud

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The stories of people who have been exploited by trading scams may have similar patterns, but each one is unique. At MyChargeBack, we see numerous success stories, but the restoration of funds for a New Zealand couple demonstrates that patience and persistence pay off if the MyChargeBack has your back. 

A New Zealand couple we’ll refer to as the Beasleys (not their real name) are retirees who simply wanted to make enough money to purchase a home for their son. Sadly, they were led right into a crypto trading scam that laundered their money and transformed the process of tracking their funds into a Herculean effort. 

Cryptocurrency has had its ups and downs since its inception, and one of its major peaks was in 2017 when the price of bitcoin rose from $1,100 to nearly $20,000. At the time, the prevailing view was that the bitcoin price would keep going up and that people were making millions from speculating on altcoins.

More…and Less….Than They Bargained For

The Beasleys felt certain that crypto investing was the answer to creating financial stability for their children and grandchildren. Unfortunately, as retirees, this involved a sacrifice that would harm their own finances, and they faced years of lost returns in money that otherwise could have been invested by a legitimate broker. 

There were red flags from the beginning, but the friendly manner of “George” and “Wes” (not their real names) had them fooled, at least for a while. Although both of them claimed to live in London, they didn’t have English accents. 

This isn’t the biggest red flag–maybe they were born somewhere else, but when Mrs. Beasely tried to make small talk with them about Prince William’s wedding, they seemed absolutely oblivious and confused. 

An English national not knowing about a royal wedding is odd, but not a crime. Still it raised eyebrows. Nevertheless, any questions about the identity of George and Wes faded away with their friendly manner and promises of huge returns. 

Red Flags Start to Emerge

However, there were more surprises in store for the Beasleys. Although they intended to trade cryptocurrency, George and Wes said that they were instead opening a “trading account” for the Beasleys and their money would be invested in stocks, not cryptocurrencies. 

This should have given the couple reason to be suspicious – after all, they wanted to trade specifically cryptocurrencies and were told they would be investing in stocks. George and Wes glossed over this without a comment, which is an indication of their attitude towards their customers. 

However, George and Wes buttered up the Beasleys by sending Mrs. Beasley a bouquet of flowers when she came home after a medical procedure. This seems thoughtful, but it was actually a bribe. 

When it was time to fund the account, the Beasleys were told that they needed to trade at least a six-digit figure for the best outcome. George and Wes demanded three payments, one to a bank account in  Hong Kong, one to Hungary, and one to Slovakia. This is a huge red flag, but by that time, the Beasleys believed these brokers were legitimate. 

The first transfer was made to Hong Kong. The bank in Hungary, however, froze the funds as soon as the transfer was made. The Beasley’s bank refused to make the transfer to Slovakia because at that point, it was clear George and Wes were involved in a suspicious business. 

MyChargeBack Has the Solution

The Beasleys discovered their money was in the hands of crypto fraudsters. They went to the local police and got Interpol involved but there was no progress in finding out more about George and Wes’ operation or getting Beasley’s funds back. 

Fortunately, the Beasleys found MyChargeBack on the internet. Our experts got to work immediately investigating George and Wes’ sham operation. It emerged that George and Wes weren’t merely lacking in crypto trading – they didn’t offer any brokerage services at all. 

MyChargeBack experts proved that George and Wes were unlicensed and all funds went right into accounts in various countries. They then further laundered this money to legitimate-seeming services. 

With MyChargeBack’s thorough investigation report, the regulator was able to order the bank to unfreeze Beasley’s funds and to track down the money that was stolen by George and Wes. Finally, the Beasleys received £200,000, which included their principal as well as extra money in compensation. 

MyChargeBack Will Investigate Your Crypto Case

If you have lost money on the blockchain through unregulated brokers, bitcoin wallet hacking or fake merchants, talk to the MyChargeBack team. Our crypto investigations will provide evidence to bolster your claim. 

MyChargeBack has developed working relationships with law enforcement agencies worldwide, have extensive knowledge and experience with crypto tracking and can improve your prospects of getting your funds back.

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Business & Finance

Essential Thing About Freight Forwarding

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Freight Forwarding

Freight forwarding is one of the most popular means of international transportation. It applies not only to businesses but also to people. Freight forwarding companies are in charge of managing the movement of products between two locations. Each cargo is completed by various carriers, ranging from air freight to ocean freight and, in some cases, train freight!

It may appear a complicated process, but the information provided here will teach you everything you need about freight forwarding for international shipments.

What Is a Freight Forwarder?

Freight forwarders are companies in charge of shipping products between two locations. The entire procedure is carefully planned and can include everything from warehousing to overseas delivery. They act as an advisor between shippers and transportation providers, negotiating the optimal route for all parties.

There Are Six Steps

Freight forwarding is a complex operation, but it can be divided into six steps to make it more manageable and understandable.

  • Export haulage is the movement of products from the source to the freight forwarder.
  • Customs Clearance (Export) – required for international shipping, products are cleared to depart the country.
  • Validation and Handling – Following clearance, products are inspected and validated against the documents submitted.
  • Customs Clearance (Import) – When everything arrives at the right spot, officials review the paperwork for the right products.
  • Destination Handling – items are handled at their final destination, which includes the movement of commodities to the warehouse.
  • Import Haulage – the items are moved to the final destination at the opposite end of the journey.

A Hassle-Free Option

Freight forwarders seek to reduce the costs associated with international export and import. They have experience in all aspects of the supply chain, from packing to managing customs from country to country.

Excellent for Business

If you are moving items to consumers on a large scale, then the right freight forwarder is all you need and will significantly help your business. Their knowledge and expertise will ensure that your items arrive on time every time while also saving you money.

Uncontrollable shipping delays

Freight forwarders can’t prevent errors or delays in overseas shipping. Sometimes they can’t fix problems. Bad weather, breakdowns, port delays, and last-minute modifications can happen.

You’re Responsible For The Paperwork

While your freight forwarder will manage practically all aspects of the overseas shipping process, you will be responsible for paperwork completion. This is critical if you do not want service interruptions!

There Are Product Restrictions

International shipping is strict when it comes to banned commodities you cannot send. There are strict rules to follow, including the prohibition of:

  • Toxic and flammable liquids
  • Drugs
  • Batteries
  • Perishable goods
  • Alcohol

You Can Ask for Extras

Some freight forwarders provide additional services such as warehouse storage, cargo tracking, insurance, dangerous goods handling, etc. The best thing to do is to ask!

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