PRODUCTS & FREQUENTLY ASKED QUESTIONS

Essentially, we offer companies tailor-made financing solutions to finance working capital and accelerate the growth of the company.
Our solutions enable our partners to pay for the purchase of new goods and the associated acquisition costs as well as transport and storage costs. Our solutions are aimed at online SMEs that use online distribution channels (Amazon, Shopify, etc.) and already have a successfully launched product.

We have a few minimum requirements that you as a customer must meet in order to work with us.
These are:

• the company must be based in Germany
• the company has been in existence for at least 3 months
• you have sold at least 300 items through your seller account
• you do not sell perishable goods or goods with a short shelf life

If you meet the above requirements, we look forward to working with you.
If you have more questions or would like advice, please call us at 089 215375920 and we will be happy to help you!

Unlike finetraders or pure commodity purchase financiers, we are not a middleman in the commodity supply chain. We do not communicate with your suppliers or manufacturers.  

We pay out the loan after the application and successful risk assessment. You pay your goods directly to your supplier or manufacturer without any complications.

Depending on the amount of financing you request, fulfin needs some documents to process your application.

You can upload the documents directly on the fulfin – website fulfin.com.

In general we ask you to provide us with the following:

•  BWA incl. totals and balance list  
• Identity document of the managing director(s)

It is possible to link the Amazon seller account and the bank account on which the online earnings are received on our platform. If this connection does not work, we still need it:

• Account statements of the last 3 months as CSV file
• Transaction reports of the last 3 months as CSV file

Should we need anything else, we will ask for it directly.

The complete process  

• Fill in the application form (step 1 on the homepage) (takes a few minutes) 
• fill out further information (step 2 on the homepage) (takes a few minutes) 
•  We will get in touch with you for a short phone call where questions or suggestions can be clarified
• Upload the documents and connect the accounts to our platform 
• Risk analysis: Our colleagues let your magic work
• Financing offer: you receive a valid financing offer tailored to your needs
• Payment of the financing within 48 hours after accepting the offer

And that’s it. You are ready to buy more goods and increase your sales as fast as possible.  

 

We work as fast as our customers. The sooner our customers provide us with the required documents, the sooner we can submit a valid offer. 

It takes an average of 4 minutes to fill out the application form.

Once we have received all the documents in full, we can make a valid offer within 24 hours after the risk assessment.

After clarifying the repayment modalities (desired payment pause etc.) we will send the contract.  

Once the contract is signed, the loan amount can be paid out to the business account within 24 hours.

Realistically and in the best case, the whole process from application to payment of the loan takes about four working days.

If you have more questions or would like advice, call us at 089 215375920 and we will be happy to help you!

We calculate our fees as a percentage of the loan amount and start from 0.7% (fixed) per month. The fees depend on the amount of the loan, the number of desired installments, possible payment breaks as well as provided securities (goods and personal guarantee).

As experts, we know that it is important to optimize the various potentials for revenue growth and cost reduction at the same time, such as

1. reducing the unit costs of purchasing through higher order quantities
2. reduce transport and storage costs through higher throughput rates
3. to react to seasonal price reductions, as well as rebate and discount possibilities
4. to be able to carry out promotional advertising measures
5. to avoid disadvantageous delivery bottlenecks (“out-of-stock events”), which can lead to poor customer ratings or a decline in bestseller rankings
6. in general, to finance working capital in line with sales, while still having sufficient reserves for contingencies

Only when these aspects are resolved is the prerequisite for financial success guaranteed. We want to be your first contact in the planning phase.

If you have more questions or would like advice, call us at 089 215375920 and we will be happy to help you!