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the huffington
marketwatch
yahoo finance
forbes
cbs
open forum
new york post

Tough Times Call For Creative Funding-Check Out Kickfurther’s Clever Model

“[Kickfurther] is offering funding at a critical juncture in a venture’s maturation”

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“On Kickfurther, businesses ask backers to fund their inventory in exchange for a consigned rate. If the funding goal is met, Kickfurther buys the inventory and gives it to the business. The business then sells it, returning a percentage to the backers every month depending on the inventory sold.”

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“When it comes to funding inventory, retail businesses can be creative, using loans, credit cards, supplier terms, and even advances from family. Whatever the method, however, raising the money can be a challenge.

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“[Kickfurther] had a huge year in 2021, raising $5.9 million … tripling its team to about 40 people and increasing revenue by 50%.”

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"Kickfurther has seen tremendous growth since being named a winning finalist in the 2018 43North finals and has now facilitated more than $300M in deal flow connecting CPG companies and buyers."

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WORK WITH OUR PRESS TEAM

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Our press team is passionate about collaborating with journalists to bring engaging and unique stories to the forefront. If you are a media professional interested in discussing further, please reach out to us at press@kickfurther.com.

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Media Kit & Guidelines

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Media Kit

Download our current brand assets including the Kickfurther’s logo, product screens, videos, and Kickfurther lifestyle images.

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Brand Book & Guidelines

Explore our brand book and guidelines for the right way to use the Kickfurther logo, approved lingo, and brand colors.

Frequently asked questions

Not seeing your questions here? Please feel free to reach out!

What does Kickfurther do?

Kickfurther is the world’s first online inventory financing platform that enables companies to access funds that they are unable to acquire through traditional sources. We connect brands to a community of eager buyers who help fund the inventory on consignment and give brands the flexibility to pay that back as they receive cash from their sales. This alleviates the cash-flow pinch that lenders can cause without customized repayment schedules, allowing your brand to scale quickly without impeding your ability to maintain inventory or financial flexibility.

How does inventory financing with Kickfurther work?

Brands access funding for new inventory (or can get reimbursed for recently produced goods) from marketplace participants. The marketplace allows brands to access private funding at costs that improve can improve with each use. Your funding goes directly to your manufacturer for production of goods and you make no payments until you receive and begin selling new inventory.

How can I create a new Kickfurther Co-Op (Consignment Opportunity)?

Launching a project involves 3 key steps:

  • Create a basic profile including information about your business and product line. Once you’ve done this you can go live with an “upcoming Co-Op” profile that users can choose to follow to hear when your Co-Op launches.
  • Determine your Co-Op structure using the Kickfurther calculator to determine costs, earnings, and timeline.
  • Verify your Credibility Metrics with the Kickfurther team and finalize your Co-Op profile.

How fast will I get funded?

Once approved and the deal goes live, most deals fund within a day (often within minutes to hours), so you’ll never miss another growth opportunity.

Does Kickfurther fund all deals?

Your business must be compliant with State and Federal regulations and have an established track record of sales. Kickfurther is for inventory financing so you must have a physical product. Finally, all businesses are subject to approval by the Kickfurther quality team,

How much does Kickfurther cost?

Kickfurther is a monthly subscription based on your annual revenue. Kickfurther companies can fund as much inventory as they’d like on the platform and pay only monthly consignment profit costs.

What are the requirements to qualify with Kickfurther?

Kickfurther works with brands once they’ve reached at least $400,000 or more in trailing 12 months revenue. You do not need to be in business for 12 months, or have revenue in 12 consecutive months, but we review a snapshot of revenue across a period up to 12 months.

As we process your application, we review your account statements to calculate your trailing 12 months of revenue. Kickfurther will consider your revenue to be your net sales, which we define as your business’s gross sales minus its returns, fees, allowances, and discounts.