Grow your business with a line of credit from Amazon Lending and Uncapped
To help fund and grow your business in our US store, eligible sellers can now apply for a revolving line of credit from leading global working capital partner, Uncapped.
A line of credit from Uncapped offers transparent pricing. This ensures you only pay for what you borrow with a single, straightforward interest rate and no hidden fees. You have the flexibility to withdraw funds within your limit whenever you need.
Since this line of credit uses revolving credit, your available credit is automatically restored as you repay. This allows you to continuously access capital without the hassle of reapplying every time you need it.
To see if you’re eligible or for more information, go to Amazon Lending.
Grow your business with a line of credit from Amazon Lending and Uncapped
To help fund and grow your business in our US store, eligible sellers can now apply for a revolving line of credit from leading global working capital partner, Uncapped.
A line of credit from Uncapped offers transparent pricing. This ensures you only pay for what you borrow with a single, straightforward interest rate and no hidden fees. You have the flexibility to withdraw funds within your limit whenever you need.
Since this line of credit uses revolving credit, your available credit is automatically restored as you repay. This allows you to continuously access capital without the hassle of reapplying every time you need it.
To see if you’re eligible or for more information, go to Amazon Lending.
3 replies
Seller_zSWez2Mzpdboa
Sellers beware some of these "Lines of Credit" are nothing less than loan sharks, and you will end up exhausting all of your profit margins in order to repay the loan.
Amazon does not do anything out of the "goodness of their hearts".
Seller_r9wMm8LrE5iKj
a) neither Uncapped nor explicit rates are mentioned in the link
b) 97% is a "straightforward" interest rate, but it would only work for people who can't do math
c) Amazon can, without justification, at any time, withhold your inventory and money. The reasons for this can be bad-actor competitors, bad-actor buyers, broken algos, or mere whimsey. At that time, you'll experience a cash crunch while holding debt that you expected to repay from the very money being held hostage.
If you can't stay away from Amazon, because they have behaved in an anti-trust fashion for so long that they are essentially a monopoly, then please stay away from their predatory lending practices.
Seller_MUBN0Jm00YVZK
New Seller Aware.
Do not trust any loan services recommended by an e-commerce company that cannot guarantee the security of your funds. It will probably cost you an arm and a leg if you want to have a try.
