Settle Raises $145M Credit Facility with Silicon Valley Bank
Summary
Settle provides a centralized hub to quickly and easily pay vendors, track payment status, manage invoices, and apply for flexible financing solutions. By securing additional committed capacity amidst the inherent volatility of the capital markets, Settle can continue helping growing brands with the ability to change the trajectory of their businesses. From day one, we have been laser focused on helping e-commerce and consumer brands meet their inventory demands by giving them the tools and support to manage cash-flow and obtain access to financing. "About SettleSettle helps consumer small businesses thrive by taking the worry out of cash flow management with an all-in-one platform helping e-commerce brands level up their cash flow from startup to whats next.Settles solution is built specifically for founders of e-commerce and consumer growth brands in mind so you can easily quickly pay vendors, three-way match POs, manage invoices and, for businesses that qualify, access flexible, short-term financing solutions with Settle Working Capital. SVB operates in centers of innovation throughout the United States, serving the unique needs of its dynamic clients with deep sector expertise, insights and connections.