Deep Dive into Amazon Small Business Lending

Amazon has plans to offer financial services to their customers but so far has focused on providing credit to small businesses; as Tearsheet explores, these loans have some restrictions; loans are only available by invitation, which means that Amazon saves time by not having to sort through loan applications; the borrower also must use the loan to purchase or restock inventory sold on Amazon, which furthers their reliance on the Amazon platform; new offers of credit also come with potentially higher rates and shorter terms; all of these things bring up other interesting points of discussion such as data control, risk, the power Amazon has over sellers and much more. Source

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