The Rise of E-Commerce Lending: A Conversation with Eric Youngstrom

Ever wonder how small businesses in e-commerce navigate the tricky waters of financing and growth? In this episode of The Liquid Lunch Project Podcast, we sit down with Eric Youngstrom, a keynote speaker and seasoned entrepreneur, to discuss his insights and experiences in the e-commerce lending space.

 

Eric’s journey in e-commerce began with co-founding Shipping Easy, a company specializing in order aggregation and shipping software solutions for SMBs. His time there provided invaluable insights into the challenges faced by small business merchants, leading him to establish Onramp, a pioneering e-commerce lending platform. Through Onramp, Eric continues his mission to empower small businesses with tailored financial solutions.

 

Episode Highlights:

 

• Data-Driven Underwriting: Onramp's unique approach utilizes order flow data and banking information for informed lending decisions.

• Addressing Cash Flow Challenges: Learn how Onramp's tailored financial solutions help SMBs overcome cash flow hurdles.

• Importance of Hiring: Eric stresses the crucial role of hiring the right talent for business success.

• Accurate Cost Estimation: Gain insights into the significance of accurately estimating operational expenses and planning for contingencies.

• Market Listening vs. Strategic Decision-Making: Discover the balance between listening to market feedback and making strategic decisions aligned with business interests.

 

Whether you're a seasoned entrepreneur or just starting in e-commerce, this episode offers valuable insights to help you navigate the complexities of financing and growth. Tune in today to discover how Onramp is revolutionizing e-commerce lending and empowering small business merchants!

Favorite Quote:

“Our goal is to help as many merchants as we can get their business to sustainability. Wherever that number is, I want those merchants to achieve that so that they're living the American dream.”

Connect with Eric:

https://www.instagram.com/onramphq/  https://twitter.com/onrampfunds  https://www.linkedin.com/company/onrampfunds/  https://www.linkedin.com/in/ericyoungstrom/

 

Stay Connected:

Connect with Matt and Luigi on Instagram:

@matthew.r.meehan

@luigi_rosabianca

@theLiquidLunchProject

@ShieldAdvisoryGroup

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