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Facebook and Clearblanc's 'Chrged' Gives Businesses Access to Capital

 - Oct 20, 2017
References: clearbanc & wersm
In partnership with financial technology company Clearbanc, Facebook launched a new program called 'Chrged' that now makes it possible for companies to access "scalable solutions, financial support, cross border resources and Blueprint learning tools for e-commerce businesses."

With Chrged, businesses on Facebook are able to use their Facebook Ads Account to receive a customized offer, as well as flexible payment options based on the company’s business data. After applying, applicants are promised a one-day response based on the review of their past and projected business data.

Some of the ways that Facebook and Clearbanc suggest that companies on social media may grow their businesses with Chrged are for the purposes of purchasing more inventory, launching new products and even expanding their teams.