eCommerce UnderCover was excited to welcome Asher Ismail, a co-Founder at Uncapped. Uncapped provides business advances of between £10k and £5m allowing founders to access fair and flexible finance. It makes money by charging a low flat fee which is paid back from future sales revenue.
Some of the topics we discussed included:
- His previous startup experiences and the lessons learned
- Founding Uncapped based on a problem he experienced as did his Founder friends
- Funding more companies in a day than most VCs fund in a year
- The importance of funding for marketing and inventory for eCommerce businesses
- The benefits of debt financing versus equity funding
- Revenue-based funding
