News from the Wire

Ordoro, Onramp to help online sellers finance inventory

Thursday, October 24, 2024 — 16:47:39 (EDT)

Austin, TX (10.24.24) - Ordoro, Inc. a leader in shipping, inventory, and drop shipping management, announces a new partnership with Onramp Funds, an innovative funding provider supporting the growth of eCommerce businesses, to support eCommerce sellers during the busy holiday season. Through this collaboration, sellers can optimize their fulfillment process with Ordoro’s tools and secure fast, flexible funding from Onramp to keep inventory stocked.

Key benefits include:

Fast, flexible funding: Onramp provides quick access to capital for inventory, ensuring sellers stay stocked during busy periods.

Custom financing tailored to sales: Repayment is based on sales performance, allowing for stress-free cash flow management.

Optimized fulfillment: Ordoro’s tools streamline order processing, helping eCommerce sellers manage high-volume demand efficiently.

“We’re excited to work with Onramp to give sellers more resources to succeed during their busiest time of year,” said Jagath Narayan, CEO and Co-founder of Ordoro. “This partnership is all about empowering merchants to thrive under high demand.”

Onramp Funds offers eCommerce sellers fast, flexible capital to support growth without the need for equity or personal guarantees. Through this partnership, Ordoro users can discover new ways to streamline fulfillment and access capital when it matters most.

“The holidays provide the biggest selling opportunities for most eCommerce businesses,” said Eric S. Youngstrom, Onramp’s CEO. “It’s a crucial selling period with increased interest from returning customers, and opportunities to win new ones. Proper inventory management allows SMBs to take full advantage of what the holiday season offers.”

Inventory stockouts cost retailers an estimated $350B annually. Onramp’s partnership with Ordoro will help online merchants better execute the fulfillment process and keep inventory properly stocked.

Earlier this year, Onramp released its 2024 Holiday Guide to help ensure eCommerce businesses are prepared for the holiday rush, and have the correct financing in place to take full advantage of increased demand.

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About Ordoro
Since 2010, Ordoro has been dedicated to simplifying ecommerce logistics for thousands of online merchants. Our platform seamlessly integrates with multiple sales channels, giving businesses one central hub to manage their operations more efficiently. Tailored for small to medium-sized retailers, Ordoro provides enterprise-level capabilities—inventory management, shipping, and fulfillment solutions—without the enterprise price tag. Whether you're scaling or optimizing, Ordoro empowers you to run your business like an industry leader. Learn more at www.ordoro.com.

About Onramp
Onramp is redefining the way eCommerce companies are funding their businesses. Based in Austin, TX, Onramp’s team is steeped in eCommerce, building tools for online businesses and helping sellers thrive with a unique repayment model that aligns with their sales. Onramp's mission is to democratize finance and empower online sellers to scale their business, capture their demand, and meet their dreams. Wayne Henninger- wayne@waynehenninger.com

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Source: Company press release.