Frequently Asked Questions

What Do I Need to Qualify?

Minimum eligibility criteria includes:

•$15,000+ in average monthly revenue, per SKU
•At least 6 months of consistent revenue history
•Business must be incorporated (ie. corporations or limited liability companies)

We currently only provide financing for eCommerce and DTC (direct-to-consumer) companies. If your business is not within these categories, we do not currently have a program in place to support you, but check back soon as we expand.

Is Forever 8 A Good Partner For My Company?

•You're a product-based e-commerce and direct-to-consumer company
•You're cash flow positive
•You turn your inventory in 90 days or less (reccomended)
•You need inventory financing support for one of more SKU's that have $15,000+ in average monthly revenues

Will Forever 8 Pay Me For Inventory I Already Own?

Yes! Immediately on signing, we will buy any sellable inventory that you have on hand, or in fulfillment centers.

Will Applying Affect My Credit?

We determine eligibility by analyzing your actual business metrics, so applying for an advance with Forever 8 Fund should NOT affect your credit score.

How Does Repayment and Fees Work?

•We order 60-90 days of inventory for you
•As the inventory is sold, the funds are returned to you, less our fees
•Our fees are based on an established percentage of revenue (which goes down the faster you sell through inventory)
•The faster you sell, the less fees you pay, so our interests are truly aligned

What Information Do You Need to Verify My Business?

In order to provide you with an offer, we need to verify identities and analyze business data. The first step is to connect the accounts you use to run your business - we use this information to analyze your business data. To verify identity, we need information about your business. The information we require will be specified in your offer.

How Long Do Funds Take to Arrive?

Once your contract has been countersigned, we can make payments on your inventory needs within 1-2 business days. Some large amounts may take an additional day.

How Large of a Check Will Forever 8 Write?

Forever 8 Fund targets an average investment of $100,000. However, we have the ability to finance orders worth upwards of $2 million. We can also increase funding as your business grows.

I Know A Business That Would Be A Great Fit For Forever 8, How Can I Refer Them?

Forever 8 has a referral program in place through which we will compensate you for every lead that you bring us that we strike a deal with.