Amazon Lending now offers term loans from SellersFi

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Amazon Lending now offers term loans from SellersFi

Amazon Lending has partnered with SellersFi to offer term loans to eligible sellers. Expand inventory, invest in marketing, or pursue other growth opportunities with competitive interest rates and flexible repayment terms.

To see if you're eligible to apply for a term loan with SellersFi, go to Growth in your Seller Central account. The Lending tab will only be visible If you’re eligible.

Complete your loan application on the lender’s website. Once your application is approved, you can provide confirmation to have funds disbursed to your bank account.

For more information about financing options, go to Amazon Lending.

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Etiketler:Haberler ve duyurular
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Seller_9RWmocRL1z265

I used direct lending by amazon couple of years ago. that was very straight forward and quick process which I would complete in seller central. Now this sellerFi third party looks just like normal lending companies, and they go through normal underwriting process which was not the case with direct lending by amazon,

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Seller_kZUOCMBionnbv

We have used SellersFi a few times and every time we do the amount of documents are never-ending. I had them delete my data and connection to Amazon. What's the point of being integrated into your amazon account and seeing your sales to make an offer if you have to redundantly provide what you would for a normal traditional loan. Marcus is just as bad, 10k a month payment went to a 10k bi-weekly payment- The rates on Parrafin are terrible. I was like is this the payday loan of Ecom? The biggest loss for Amazon small businesses was Amazon ending the lending program. We let go of 17 people and scaled back all of our product purchases for FBA and Merchant Fulfilled Products. Bring back the Lending program!

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