Cin7 Capital Unveils the Industry’s First Embedded Lending Solution for SMBs
Date – 06-Aug-2024
Innovative Financing Options Empower Business Owners to Expand Operations Directly Through the Cin7 Software Platform
Cin7, a leading provider of cloud-based inventory and order management software, has unveiled Cin7 Capital, an industry-first embedded lending platform designed to support small to midsize businesses (SMBs) in managing and expanding their operations directly through Cin7 Core and, soon, Cin7 Omni.
Cin7 Capital stands out as the first integrated financing solution in the inventory management sector, offering tailored invoice financing options within the Cin7 platform. This innovative solution addresses a significant concern for over 75% of small business owners who struggle with access to credit. By streamlining operations, financing, and financial oversight into a single, user-friendly platform, Cin7 Capital simplifies the often-complex world of business finance.
“Cin7 Capital represents a transformative advancement in inventory management, empowering our customers to not only navigate but thrive in today’s challenging economic landscape,” said Ajoy Krishnamoorthy, CEO of Cin7. “This launch marks a significant milestone in providing SMBs with the tools they need to grow their businesses, demonstrating our unwavering commitment to supporting our global customer base in overcoming financial obstacles and driving success.”
Cin7 Capital connects users with vetted funding sources, allowing them to manage their operations, access financing, and review financials all from a unified platform. The solution is designed to be intuitive, requiring no additional training, and offers a straightforward application process with transparent pricing and no hidden fees.
Currently available to U.S.-based users of Cin7 Core, Cin7 Capital plans to expand in the near future. Additional details and customer success stories will be shared at the Cin7 Partner Summit from August 19-21, 2024, which will feature networking opportunities, insights from Cin7 executives, and specialized training.
This announcement follows Cin7’s acquisition of Inventoro, a provider of AI-driven sales forecasting and replenishment solutions, highlighting Cin7’s ongoing growth and commitment to advancing intelligent commerce.