Yardline’s Capital-as-a-Service (CaaS) Platform Unlocks up to $20 Million of Growth Capital for Perpetua Clients
Perpetua, a global provider of growth infrastructure for ecommerce, has partnered with Yardline Capital to provide embedded, flexible, non-dilutive growth capital and business optimization tools to ecommerce brands. The newly launched Perpetua Capital is embedded in the core Perpetua platform enabling clients to readily access up to $1 million of unrestricted capital in as fast as one business day.
“The incredible growth we have seen for our clients on ecommerce marketplaces is heavily dependent on speedy and seamless access to capital,” said Joe Rideout, President of Perpetua. “As ecommerce brands identify new opportunities and expand on new marketplaces, there are significant incremental capital requirements. Our newly embedded capital solution in partnership with Yardline enables us to further accelerate the growth of our ecommerce brands.”
Nicole + Brizee, a leading beauty products line from the WWE duo “The Bella Twins”, Nikki and Brie Bella, leveraged the Perpetua Capital offer to realize year-over-year revenue growth of over 400%, including over 1,000 new product reviews, an 18% increase in average order value, and adding more than 15,000 Instagram followers in under one month.
“We were amazed at how seamlessly and easily we were able to access growth capital for our business,” said Samantha Kent, Co-founder, of Nicole + Brizee. “Through the Perpetua platform, we are dynamically pre-qualified for financing and we simply enabled our account on Yardline to access the funds. It was incredibly streamlined and fast, and the capital bundled with the advisory services we received helped us to accelerate our growth”
Key benefits of the Perpetua Capital solution include:
— Up to $1 million of unrestricted capital to stock up on inventory, accelerate advertising, and invest in new product launches.
— A Yardline Seller Success Manager – an ecommerce expert who provides in-depth business consultations, helps tackle operational issues and identifies strategic opportunities to expedite growth and increase profitability.
— A Yardline 50 Business Assessment (Y50BA)™, which benchmarks key operating metrics and guides sellers on incremental efficiencies or opportunities to scale.
“Our mission is to use the extensive ecommerce and platform data to provide ubiquitous access to capital for fast-growing ecommerce businesses,” noted Ari Horowitz, CEO of Yardline Capital. “Perpetua already leverages advertising data to accelerate growth with their AI-powered ad engine which makes them the perfect partner for our Capital-as-a-Service (CaaS) solution.”
For a peek inside the Perpetua Capital product, check out the video below.
