Your Boring Guide to Avoid Getting Screwed On Ecom Financing With Drew Fallon episode artwork

EPISODE · Nov 27, 2024 · 44 MIN

Your Boring Guide to Avoid Getting Screwed On Ecom Financing With Drew Fallon

from The Boring Ecom Podcast · host The Boring Ecom Podcast

Looking to finance your ecom brand but drowning in options? Drew Fallon cuts through the noise with straight talk about what actually works. After taking Mad Rabbit from zero to $60M and reviewing 60+ brands at Iris, Drew exposes common financing myths and shares what smart founders do differently. Get actionable insights on merchant cash advances, asset-backed loans, and why the 'best' financing option might surprise you. Essential listening for any brand thinking about raising capital.   TIMESTAMPS  (00:00) Introduction  (03:00) Drew's Journey: From Dropshipping to Investment Banking  (05:36) Why Traditional Growth Models Stopped Working (06:30) Transition to Iris and Market Insights  (11:12) Debt vs Equity: The Complete Breakdown  (18:03) Merchant Cash Advances: The Misunderstood Option  (22:57) Asset-Backed Loans: What No One Tells You  (31:07) Bank Lines of Credit: When They Make Sense  (34:38) The Truth About SBA Loans  (35:52) Three Things to Never Do When Financing  (40:06) Credit Card Products: Myths vs Reality  (43:12) Closing Thoughts and Contact Information   Follow Richie (X | LinkedIn) and Joe (X | LinkedIn) for more e-commerce insights and to join the conversation. You can also follow Drew on X.

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Your Boring Guide to Avoid Getting Screwed On Ecom Financing With Drew Fallon

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