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Paypal s working capital loan is among the easiest to qualify for given that you meet some basic requirements.
Paypal working capital review. Paypal working capital is a business financing offering by paypal inc based in san jose ca. Founded in 1999 paypal inc offers access to business loans in 50 states and washington dc. The program is very similar to a merchant cash advance. Paypal working capital is a business loan service offered by paypal one of the biggest names in the ecommerce space.
Borrowers can receive up to 35 of their annual sales conducted via paypal with a borrowing limit of 125 000 and terms of up to 18 months. Paypal working capital provides additional working capital to businesses that use paypal. It was launched in 2013 and offers business financing in all 50 states. Applicants need either a 3 month old paypal business account with 15 000 in annual sales or a 3 month old premier paypal account with 20 000 in sales.
Originally launched as a pilot program in 2013 paypal working capital opened up to all paypal users in 2014. Paypal working capital review.
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