Has Amazon lending stopped lending?
Hi everyone,
We have been using Amazon Lending since 2016 and have always found it very useful for accelerating our growth. Usually after one or two payments, we get an offer to refinance our loan, but this time we've made four repayments with no such offer.
Our sales are up, our inventory in FBA is up (I'm guessing this is used as security), account health and feedback are all good.
I did send them an email, but I got the standard 'Wait for an offer' reply
I'm just curious to know if anyone else had noticed.
Thank you
Has Amazon lending stopped lending?
Hi everyone,
We have been using Amazon Lending since 2016 and have always found it very useful for accelerating our growth. Usually after one or two payments, we get an offer to refinance our loan, but this time we've made four repayments with no such offer.
Our sales are up, our inventory in FBA is up (I'm guessing this is used as security), account health and feedback are all good.
I did send them an email, but I got the standard 'Wait for an offer' reply
I'm just curious to know if anyone else had noticed.
Thank you
0 replies
Seller_LVJaidBR9PT5Z
Ours has just disappeared recently, have used it a few times and now the offer has gone.
Seller_hxqQBzV7Gdd5b
No, if you go to the payment's dashboard click on the lending tab, it tells you what you have outstanding and what you can have as a loan, hope that helps! Click - total balance on the home screen - click on available balance-payments dashboard-Lending-
Seller_fj3M54GkuGQyT
We've been using Amazon Lending for the past 4 years and every year we've had an offer in October/November to accelerate our Christmas Sales.
This hasn't happened this year so I don't know if it's across the board but to be honest I'm quite glad. I have found that I have come to rely on Amazon Lending too much and in the quieter months, the repayments have become quite a strain. I genuinely cannot wait for our current loan to be finished and will not accept another offer.
Seller_2v6sqmwR2VQ8y
I was offered a loan and it was about to go through and the lending company, YouLend, said that there was a problem with the integration between them and Amazon so the loan could not go through. They tell me that they are working with Amazon to get this sorted out so hopefully it's just a tech issue and it will all be back soon.
