eBay sellers across the US can access funding to help expand their businesses
eBay offers loans to sellers through new partnership. Source: flickr.com
eBay has partnered American data and tech platform LendingPoint to launch a new program called eBay Seller Capital.
During the initial launch, eligible sellers may receive up to $25,000 in funding in as little as one business day.
Besides, LendingPoint won’t charge origination fees or early payback fees.
The program is compatible with payments managed by eBay and will unlock opportunities for both individuals and businesses. They can obtain financing, providing eligible sellers with a fast, flexible, and transparent funding experience.
The program will be offered with terms of up to 48 months to allow sellers to choose the best option for their budget needs, and lower repayment plans as part of the longer terms.
We’ve reported that eBay?will fully launch?its management of payments as its operating agreement with?PayPal?has officially expired.
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