Amazon lending offer
Amazon lending just launched in canada. Anyone else get an offer? We got a quarter million offer, not sure what to think..
3 replies
Seller_y7W9ccUlauftE
Earlier this year amazon.com announced money lent through the program will no longer be financed by amazon. And that new loans will be financed by third-party money suppliers.
Seller_zeFcCxS46gcIy
we received an offer as well. Was curious and looked into it somewhat and found that the cost to borrow was way above our bank’s line of credit.
If your business is new or unable to secure normal financing this can be a solution but beware of the actual cost.
Seller_aKjpvLf9GNkXt
Interesting to read "...found that the cost to borrow was way above...". How did you find out? I can't even see the offer details because the form is not working. There are 2 checkboxes without any description, but both must be checked in order to proceed. Sure I will not tick checkboxes without knowing what they are for.
