{"id":2974,"date":"2021-12-29T09:36:41","date_gmt":"2021-12-29T01:36:41","guid":{"rendered":"https:\/\/www.boxful.com\/blog\/?p=2974"},"modified":"2022-01-20T12:45:48","modified_gmt":"2022-01-20T04:45:48","slug":"startup-essentials-boxful-fulfillment-x-choco-up-special-offer-store","status":"publish","type":"post","link":"https:\/\/www.boxful.com\/blog\/en\/startup-essentials-boxful-fulfillment-x-choco-up-special-offer-store\/","title":{"rendered":"[Startup Essentials] Boxful Fulfillment X Choco Up Special Offer"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Fundraising can be brutal when you have approached the wrong path and spent too much time and effort on it. <strong><span style=\"color: #00c4b3;\"><a style=\"color: #00c4b3;\" href=\"https:\/\/choco-up.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Choco Up<\/a><\/span><\/strong> provides startups and SMEs with non-dilutive funding and supports them to thrive.<\/span><\/p>\n<h2><b><!--more--><\/b><\/h2>\n<h3><span style=\"color: #00c4b3;\"><b><br>Financing Alternatives<\/b><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Bank loans, selling business assets or inventory financing are the main financing methods. Unlike bank loans which require an impressive credit history and the repayment amount is always set, or selling business assets which means losing control of parts of your business, inventory financing is simpler to apply and the fund is withdrawable when needed. <\/span><\/p>\n<p>However, inventory financing comes with certain loan covenants that might be a constraint to your business decisions, also shorter loan terms means higher repayments and interest rate. In other words, the revenue is going to the repayment before it comes to your pocket.<\/p>\n<p>&nbsp;<\/p>\n<h3><span style=\"color: #00c4b3;\"><b>R<\/b><\/span><span style=\"color: #00c4b3;\"><b>evenue Based Financing (RBF) <\/b><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Plentiful companies have been backed by <strong><span style=\"color: #00c4b3;\"><a style=\"color: #00c4b3;\" href=\"https:\/\/choco-up.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Choco Up<\/a><\/span><\/strong>, Asia\u2019s leading revenue based financing platform since 2018, including Hong Kong based companies clean vehicle solutions Cleva and tech-enabled sourcing platform BuyHive. <strong><span style=\"color: #00c4b3;\"><a style=\"color: #00c4b3;\" href=\"https:\/\/choco-up.com\/\">Choco Up<\/a><\/span><\/strong> has successfully introduced a mind blowing funding alternative, other than the traditional ones.<\/span><\/p>\n<p><span style=\"font-weight: 400;\"><strong><span style=\"color: #00c4b3;\"><a style=\"color: #00c4b3;\" href=\"https:\/\/choco-up.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Choco Up<\/a><\/span><\/strong> only requires basic proof such as company operating history, and the repayment amount is only based on the percentage of your revenues, which means you can pay less when your business is not performing at its best. With less stringent terms, <strong><span style=\"color: #00c4b3;\"><a style=\"color: #00c4b3;\" href=\"https:\/\/choco-up.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Choco Up<\/a><\/span><\/strong>\u2019s non-dilutive RBF method is likely to be an alternative for startups and SMEs.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h3><span style=\"color: #00c4b3;\"><b><a href=\"https:\/\/www.boxful.com\/fulfillment\/en\" target=\"_blank\" rel=\"noopener noreferrer\">Boxful Fulfillment<\/a> Partners With <a href=\"https:\/\/choco-up.com\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"color: #00c4b3;\">Choco Up<\/span><\/a><\/b><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">With the similar experience of running a startup, Boxful understands the needs of SMEs. Get instant solutions for time consuming pick &amp; pack, logistics arrangement and data uploading for less than $800 a month, let <a href=\"https:\/\/www.boxful.com\/fulfillment\/en\">Boxful Fulfillment<\/a> streamline your business.<\/span><\/p>\n<p style=\"text-align: center;\"><a class=\"fasc-button fasc-size-medium fasc-type-glossy fasc-rounded-medium fasc-ico-before dashicons-calendar fasc-style-bold\" style=\"background-color: #00c4b3; color: #ffffff;\" target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.boxful.com\/fulfillment\/en\/promotion\">Get Exclusive Offer<\/a><\/p>\n<p>\u2014\u2014<\/p>\n<p>Further readings\uff1a<strong><a href=\"https:\/\/www.boxful.com\/blog\/en\/boxful-fulfillment-guide-three-major-logistics-tips-for-a-successful-online-store\/\"><span style=\"color: #00d4c2;\"> [Boxful Fulfillment Guide] Three Major Logistics Tips For A Successful Online Store<\/span><\/a><\/strong><\/p>\n<p>Further readings\uff1a&nbsp;<a href=\"https:\/\/www.boxful.com\/blog\/en\/the-basic-steps-of-warehousing-logistics-boxful-fulfillment-puts-smes-on-the-road-to-success\/\"><strong><span style=\"color: #00d4c2;\">[The Basic Steps of Warehousing Logistics] Boxful Fulfillment Puts SMEs on the Road to Success<\/span><\/strong><\/a><span style=\"color: #00c4b3;\"><strong><a style=\"color: #00c4b3;\" href=\"https:\/\/www.boxful.com\/blog\/en\/good-practices-warehouse-management-cost-effectiveness-operational-efficiency\/\" target=\"_blank\" rel=\"noopener noreferrer\"><br><\/a><\/strong><\/span><br>Learn more about&nbsp;<a style=\"color: #00c4b3;\" href=\"https:\/\/www.boxful.com\/en\/fulfillment\">Boxful Fulfillment<\/a>, don&#8217;t forget to follow<a style=\"color: #00c4b3;\" href=\"https:\/\/www.boxful.com\/blog\/en\/\">&nbsp;Blog<\/a>&nbsp;and&nbsp;<a style=\"color: #00c4b3;\" href=\"https:\/\/hk.linkedin.com\/company\/boxful\">Linkedin<\/a>&nbsp;with us today!<\/p>\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Fundraising can be brutal when you have approached the wrong path and spent too much time and effort on it. Choco Up provides startups and SMEs with non-dilutive funding and&hellip;<\/p>\n","protected":false},"author":1,"featured_media":2991,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[170,383,279],"tags":[320,318,325,322,370,369,323,324],"class_list":["post-2974","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-posts","category-boxful-capital","category-boxful-fulfillment","tag-boxful-3pl","tag-boxful-business","tag-boxful-fulfilment","tag-e-commerce","tag-fulfillment-offer","tag-fundraising","tag-online-store","tag-smes"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>[Startup Essentials] Boxful Fulfillment X Choco Up Special Offer | Boxful Blog<\/title>\n<meta name=\"description\" content=\"Fundraising can be brutal when you have approached the wrong path and spent too much time and effort on it. 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