{"id":9343,"date":"2021-12-06T11:39:27","date_gmt":"2021-12-06T11:39:27","guid":{"rendered":"https:\/\/www.acmethemes.com\/blog\/?p=9343"},"modified":"2026-01-28T05:34:25","modified_gmt":"2026-01-28T05:34:25","slug":"how-to-find-financing-to-build-and-grow-your-woocommerce-store","status":"publish","type":"post","link":"https:\/\/www.acmethemes.com\/blog\/how-to-find-financing-to-build-and-grow-your-woocommerce-store\/","title":{"rendered":"How to Find Financing to Build and Grow Your WooCommerce Store?"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">WooCommerce makes it really easy to build an e-commerce store with simple platforms and low overhead costs. But between hosting, shipping, business tools, and more, the cost of building and growing an eCommerce store adds up.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Entrepreneurs are commonly faced with funding shortages within the first few years of starting a business, and even more, find themselves in a situation where their goals don\u2019t align with their current budget. When you need to create more income to <\/span><a href=\"https:\/\/www.acmethemes.com\/blog\/best-woocommerce-wordpress-themes\/\"><span style=\"font-weight: 400;\">build and grow your WooCommerce store<\/span><\/a><span style=\"font-weight: 400;\">, you must secure funding without breaking the bank or ruining your credit.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Finding funding can be a challenge, but it&#8217;s simpler when you know where to look. We\u2019ll discuss some ways you can prepare your business for the loan application process and what kinds of funding opportunities are available for online businesses. It\u2019s important to know what your options are before diving into debt, and for eCommerce entrepreneurs, there are six main choices when it comes to securing funding.\u00a0 \u00a0 \u00a0<\/span><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_83 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a15fae6dbc4a\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a15fae6dbc4a\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.acmethemes.com\/blog\/how-to-find-financing-to-build-and-grow-your-woocommerce-store\/#Costs_of_starting_an_eCommerce_store\" >Costs of starting an eCommerce store<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.acmethemes.com\/blog\/how-to-find-financing-to-build-and-grow-your-woocommerce-store\/#Funding_options_for_WooCommerce_store_owners\" >Funding options for WooCommerce store owners<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.acmethemes.com\/blog\/how-to-find-financing-to-build-and-grow-your-woocommerce-store\/#Traditional_business_loan\" >Traditional business loan<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.acmethemes.com\/blog\/how-to-find-financing-to-build-and-grow-your-woocommerce-store\/#Personal_loan\" >Personal loan<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.acmethemes.com\/blog\/how-to-find-financing-to-build-and-grow-your-woocommerce-store\/#Credit_cards\" >Credit cards<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.acmethemes.com\/blog\/how-to-find-financing-to-build-and-grow-your-woocommerce-store\/#Online_lenders\" >Online lenders<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.acmethemes.com\/blog\/how-to-find-financing-to-build-and-grow-your-woocommerce-store\/#Crowdfunding\" >Crowdfunding<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.acmethemes.com\/blog\/how-to-find-financing-to-build-and-grow-your-woocommerce-store\/#E-commerce_grants\" >E-commerce grants<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/www.acmethemes.com\/blog\/how-to-find-financing-to-build-and-grow-your-woocommerce-store\/#Applying_for_financing\" >Applying for financing<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/www.acmethemes.com\/blog\/how-to-find-financing-to-build-and-grow-your-woocommerce-store\/#Final_tips\" >Final tips<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/www.acmethemes.com\/blog\/how-to-find-financing-to-build-and-grow-your-woocommerce-store\/#Conclusion\" >Conclusion<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Costs_of_starting_an_eCommerce_store\"><\/span><span style=\"font-weight: 400;\">Costs of starting an eCommerce store<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-9678\" src=\"https:\/\/www.acmethemes.com\/blog\/wp-content\/uploads\/2021\/07\/Costs-of-starting-an-eCommerce-store.jpg\" alt=\"Costs-of-starting an-eCommerce-store-how-to-find-financing-to-build-and-grow-your-woocommerce-store\" width=\"820\" height=\"410\" \/><\/p>\n<p><span style=\"font-weight: 400;\">When first starting an online business, there are some costs that are fairly obvious &#8211; but hidden costs are always lurking. You can reduce the chance of being surprised by additional costs by doing plenty of research beforehand and creating a business plan that outlines your spending.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">E-commerce shop owners should also carefully consider their future goals. It can be hard to plan months or years in advance, but things like <\/span><span style=\"font-weight: 400;\">providing a range of payment methods<\/span><span style=\"font-weight: 400;\"> and including enough storage to be scalable can have an impact on future costs and growth.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">You must also consider the third-party providers and external software that is necessary for your online business to operate. It is likely that you will need to work with supply chains and shipping companies at the very least. You will also need payment and accounting software to provide a seamless checkout experience on your site, as well as software to manage your finances. As you explore your options, look for invoicing software that <\/span><span style=\"font-weight: 400;\">comes with certain features<\/span><span style=\"font-weight: 400;\"> like customizable templates and recurring invoicing.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">WordPress and WooCommerce specifically provide access to many plugins <\/span><a href=\"https:\/\/www.acmethemes.com\/blog\/wordpress-plugins-for-business-website\/\"><span style=\"font-weight: 400;\">essential to online businesses<\/span><\/a><span style=\"font-weight: 400;\"> &#8211; come with bigger price tags than others. You will need to prioritize your upcharges to make sure you provide customers with a positive user experience without breaking the bank.\u00a0<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Funding_options_for_WooCommerce_store_owners\"><\/span><span style=\"font-weight: 400;\">Funding options for WooCommerce store owners<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-9681\" src=\"https:\/\/www.acmethemes.com\/blog\/wp-content\/uploads\/2021\/12\/Funding-options-for-WooCommerce-store-owners.jpg\" alt=\"Funding-options-for-WooCommerce-store-owners-How to-Find-Financing-to-Build-and-Grow-Your-WooCommerce-Store\" width=\"820\" height=\"410\" \/><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Traditional_business_loan\"><\/span><span style=\"font-weight: 400;\">Traditional business loan<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">A traditional business loan is typically what people in need of funding think of first. Business loans can be a great option for small business owners who need a single lump sum of cash to get started or to get over a hump.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Keep in mind that lenders and creditors will want to know about your payment history, credit scores, and your ability to manage debt before they offer you any funding. Before you apply for a loan, consider whether or not you might be able to reasonably cut business costs, make more financial wiggle room, and make sure you can afford an additional monthly loan payment.\u00a0<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Personal_loan\"><\/span><span style=\"font-weight: 400;\">Personal loan<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">A personal loan is one of the other more obvious choices when business owners are looking for funding. Personal loans will <\/span><span style=\"font-weight: 400;\">provide you with a single dose of cash<\/span><span style=\"font-weight: 400;\"> just like a business loan, but with an extra perk: raising your credit score. The problem is, that if you fail to pay, you will go into personal debt, so this may not be the safest option for new business owners.\u00a0<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Credit_cards\"><\/span><span style=\"font-weight: 400;\">Credit cards<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Credit cards can be great tools <\/span><span style=\"font-weight: 400;\">when they are used correctly<\/span><span style=\"font-weight: 400;\">. When properly managed, credit cards can provide you with immediate, upfront funding that you can pay back over the long term. Having an open line of credit that can boost your credit score which can also help you to secure more funding in the future.\u00a0<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Online_lenders\"><\/span><span style=\"font-weight: 400;\">Online lenders<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">There are plenty of online lenders who are willing to give extra funding to well-established businesses that are looking to expand or improve their online presence. Sometimes o nline lenders can even give funding to business owners more quickly than traditional methods. If your business has already launched and you\u2019re looking to expand, this is a good option to consider.\u00a0<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Crowdfunding\"><\/span><span style=\"font-weight: 400;\">Crowdfunding<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Crowdfunding is a particularly <\/span><span style=\"font-weight: 400;\">helpful option for startups<\/span> <span style=\"font-weight: 400;\">or eCommerce professionals who have a unique product and an existing following. Websites like Kickstarter or Indiegogo can help you launch an eCommerce business fast, especially if you already have a specific and attainable funding goal. Some crowdfunding sites will take a percentage of the earnings, but free money is a huge perk.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"E-commerce_grants\"><\/span><span style=\"font-weight: 400;\">E-commerce grants<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">With the onset of the pandemic, there was lots of support available through government agencies for small businesses. However, a survey of UK-based businesses revealed that <\/span><span style=\"font-weight: 400;\">only 56% of small business owners<\/span><span style=\"font-weight: 400;\"> were able to benefit from this special funding.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Fortunately, there are grants specifically for e-commerce businesses. You can also look into state or country-wide grants that may be available for minorities and veterans, as well as industry-specific grants.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Applying_for_financing\"><\/span><span style=\"font-weight: 400;\">Applying for financing<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">After deciding what funding option is right for you, it\u2019s time to apply. A loan or grant application will include questions about your business income, other personal income, and details about your credit history. You may need to provide collateral like property or investments in order to secure a loan, so be prepared with information on your assets as well.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Many small business owners often forget that they can shop around for better rates and loan opportunities. You don\u2019t always have to accept the first offer that you receive. In fact, it&#8217;s wise to shop around to ensure that you get the funding that you need with terms that you are comfortable with.\u00a0<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Final_tips\"><\/span><span style=\"font-weight: 400;\">Final tips<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">There are a few other financial factors to consider as you take the next steps toward securing funding for your WooCommerce site. When funds are tight, there are things that you can do to <\/span><a href=\"https:\/\/web.archive.org\/web\/20251010021409\/https:\/\/www.acmethemes.com\/blog\/best-woocommerce-themes\/\"><span style=\"font-weight: 400;\">make your website more attractive<\/span><\/a><span style=\"font-weight: 400;\"> to shoppers with a streamlined checkout process and an appealing overall layout.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If cart abandonment is causing you revenue woes, it might be time to optimize your checkout experience. You can retain cart abandoners by removing roadblocks like requiring an account to checkout and additional last-minute fees. Online customers may give up on completing transactions if it is a difficult process, so make it easy for your customers to spend money on your website.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Also, be sure to make your WooCommerce site a safe place to shop online. There is nothing like a ransomware attack or data breach to throw you into debt and lose customer trust.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Keep your website protected by doing a regular audit of your site\u2019s plugins and continuously monitoring anti-virus software so that you don\u2019t unknowingly become responsible for <\/span><a href=\"https:\/\/torquemag.io\/2020\/12\/is-your-wordpress-ecommerce-site-vulnerable-to-code-injection-attacks\/\"><span style=\"font-weight: 400;\">transmitting malicious code<\/span><\/a><span style=\"font-weight: 400;\"> to your customers. More people will shop on your website if you build a reputation for customer satisfaction and privacy protection.\u00a0<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><span style=\"font-weight: 400;\">Conclusion<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">When it comes to <\/span><a href=\"https:\/\/www.acmethemes.com\/blog\/importance-of-online-presence-for-small-businesses\/\"><span style=\"font-weight: 400;\">growing your online business<\/span><\/a><span style=\"font-weight: 400;\">, there are plenty of funding avenues available to small business owners. Before you start applying for loans, make sure that you have a business plan that includes financial details that can help you determine how much funding your online business will need. When it\u2019s time to decide on how to fund your online business, shop around for loans, and don\u2019t be afraid to look into grants or crowdfunding opportunities to pick up the slack. <\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>WooCommerce makes it really easy to build an e-commerce store with simple platforms and low overhead costs. But between hosting, shipping, business tools, and more, the cost of building and growing an eCommerce store adds up.\u00a0 Entrepreneurs are commonly faced with funding shortages within the first few years of starting a business, and even more, [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":9679,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[8,146],"tags":[],"class_list":["post-9343","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-informations","category-marketing"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>How to Find Financing to Build and Grow Your WooCommerce Store? &#171; Acme Themes Blog<\/title>\n<meta name=\"description\" content=\"Finding funding can be a challenge, but it&#039;s simpler when you know where to look. 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