The Selling Partner Appstore webinar series continues with Funding 101: Unlocking Exponential eCommerce Success on Amazon with SellersFunding on January 26, 2023, from 10 a.m. to 11 a.m. (PT).
In this webinar, you will learn how to:
After the presentation, join a 30-minute session to get your funding and capital questions answered with SellersFunding.
Register for this session and learn how SellersFunding can help you understand how, when, and why you could seek funding for your business.
" Leaked documents show Amazon’s seller lending business is booming. The company’s economists are forecasting that third-party sellers will owe it over $2 billion over the next year, according to internal document obtained by Insider. That’s an over 80% growth from the first quarter of last year’s $1.1 billion in outstanding loans. And it’s more than double the balance Amazon reported at the end of 2021, when it reached $1.0 billion in total outstanding loans for the first time."
Step 1: Borrow from Amazon, give it all back in fees, etc. (ads, FBA, percent of sales, percent or refunds, Amazon handing your money to customers, etc.), sharply grow sales, have your account locked (including funds) for a velocity review.
Step 2: ???
Step 3: Profit.
My favorite thing about Amazon lending is how the amount they offer to lend me is often roughly the amount they are holding in reserve at all times for fun.
So I am not trustworthy enough to pay me until a week after the customer receives the item, but I am trustworthy enough to loan similar amounts of money to.
Nice of them to lend me my own money back I guess. /s
Who thinks it is a good idea to borrow money from a company run by Amabots, raise your hand!
Amazon lending we have done 5 times over the past 10 years and I am a fan of it.
For one thing they use your own data to figure how much they can safely lend you so they protect themselves and you at the same time. Their interest rates are fair and you can choose from how many months you want to take to pay it back. The most we ever borrowed was 153,000 and the least was 14,000 we used the funds to purchase stock for the most part but we also use it to lease and set up a warehouse to expand our business. Having the payments short term and being taking out of our sales worked out for us and again the interest rates are very fair. So it is not for everyone but if you are using it properly it is a great help to your business.
How about you use the same credit report for a seller to loan them money, and simply reduce/remove the reserve on their account.
I enjoy the lien I still have in California on my business despite that loan being paid back in 2019. Thank you, Amazon
Fortunately, no reserves on my account, that sounds awful when they are your lender.
I paid off my last loan in December. I would have never taken it out if I would have known that it would take 8 months to get my best selling category working again. I paid it back, it took the full 12 months but it was a painful 12 months. I am hesitant to say the least to take out another one now.
I still don’t understand why people complain about amazon services, all-the-while, use amazon services for their business.
I’ve used Amazon capital loans numerous times to help scale my business, and paypal, and square. If it weren’t for these offers, I wouldn’t be here today. My recommendation would be: Don’t listen to anyone complaining about it, they obviously did something on their end to mess up. Like take to much and couldn’t pay it back. Take everything you can get and GO! Inventory, sales, inventory, sales. Don’t use it for anything else.
Sellers Funding is a good lender. I have used them for about 3 years to help fund my e-commerce business on Amazon.
The Selling Partner Appstore webinar series continues with Funding 101: Unlocking Exponential eCommerce Success on Amazon with SellersFunding on January 26, 2023, from 10 a.m. to 11 a.m. (PT).
In this webinar, you will learn how to:
After the presentation, join a 30-minute session to get your funding and capital questions answered with SellersFunding.
Register for this session and learn how SellersFunding can help you understand how, when, and why you could seek funding for your business.
The Selling Partner Appstore webinar series continues with Funding 101: Unlocking Exponential eCommerce Success on Amazon with SellersFunding on January 26, 2023, from 10 a.m. to 11 a.m. (PT).
In this webinar, you will learn how to:
After the presentation, join a 30-minute session to get your funding and capital questions answered with SellersFunding.
Register for this session and learn how SellersFunding can help you understand how, when, and why you could seek funding for your business.
" Leaked documents show Amazon’s seller lending business is booming. The company’s economists are forecasting that third-party sellers will owe it over $2 billion over the next year, according to internal document obtained by Insider. That’s an over 80% growth from the first quarter of last year’s $1.1 billion in outstanding loans. And it’s more than double the balance Amazon reported at the end of 2021, when it reached $1.0 billion in total outstanding loans for the first time."
Step 1: Borrow from Amazon, give it all back in fees, etc. (ads, FBA, percent of sales, percent or refunds, Amazon handing your money to customers, etc.), sharply grow sales, have your account locked (including funds) for a velocity review.
Step 2: ???
Step 3: Profit.
My favorite thing about Amazon lending is how the amount they offer to lend me is often roughly the amount they are holding in reserve at all times for fun.
So I am not trustworthy enough to pay me until a week after the customer receives the item, but I am trustworthy enough to loan similar amounts of money to.
Nice of them to lend me my own money back I guess. /s
Who thinks it is a good idea to borrow money from a company run by Amabots, raise your hand!
Amazon lending we have done 5 times over the past 10 years and I am a fan of it.
For one thing they use your own data to figure how much they can safely lend you so they protect themselves and you at the same time. Their interest rates are fair and you can choose from how many months you want to take to pay it back. The most we ever borrowed was 153,000 and the least was 14,000 we used the funds to purchase stock for the most part but we also use it to lease and set up a warehouse to expand our business. Having the payments short term and being taking out of our sales worked out for us and again the interest rates are very fair. So it is not for everyone but if you are using it properly it is a great help to your business.
How about you use the same credit report for a seller to loan them money, and simply reduce/remove the reserve on their account.
I enjoy the lien I still have in California on my business despite that loan being paid back in 2019. Thank you, Amazon
Fortunately, no reserves on my account, that sounds awful when they are your lender.
I paid off my last loan in December. I would have never taken it out if I would have known that it would take 8 months to get my best selling category working again. I paid it back, it took the full 12 months but it was a painful 12 months. I am hesitant to say the least to take out another one now.
I still don’t understand why people complain about amazon services, all-the-while, use amazon services for their business.
I’ve used Amazon capital loans numerous times to help scale my business, and paypal, and square. If it weren’t for these offers, I wouldn’t be here today. My recommendation would be: Don’t listen to anyone complaining about it, they obviously did something on their end to mess up. Like take to much and couldn’t pay it back. Take everything you can get and GO! Inventory, sales, inventory, sales. Don’t use it for anything else.
Sellers Funding is a good lender. I have used them for about 3 years to help fund my e-commerce business on Amazon.
" Leaked documents show Amazon’s seller lending business is booming. The company’s economists are forecasting that third-party sellers will owe it over $2 billion over the next year, according to internal document obtained by Insider. That’s an over 80% growth from the first quarter of last year’s $1.1 billion in outstanding loans. And it’s more than double the balance Amazon reported at the end of 2021, when it reached $1.0 billion in total outstanding loans for the first time."
" Leaked documents show Amazon’s seller lending business is booming. The company’s economists are forecasting that third-party sellers will owe it over $2 billion over the next year, according to internal document obtained by Insider. That’s an over 80% growth from the first quarter of last year’s $1.1 billion in outstanding loans. And it’s more than double the balance Amazon reported at the end of 2021, when it reached $1.0 billion in total outstanding loans for the first time."
Step 1: Borrow from Amazon, give it all back in fees, etc. (ads, FBA, percent of sales, percent or refunds, Amazon handing your money to customers, etc.), sharply grow sales, have your account locked (including funds) for a velocity review.
Step 2: ???
Step 3: Profit.
Step 1: Borrow from Amazon, give it all back in fees, etc. (ads, FBA, percent of sales, percent or refunds, Amazon handing your money to customers, etc.), sharply grow sales, have your account locked (including funds) for a velocity review.
Step 2: ???
Step 3: Profit.
My favorite thing about Amazon lending is how the amount they offer to lend me is often roughly the amount they are holding in reserve at all times for fun.
So I am not trustworthy enough to pay me until a week after the customer receives the item, but I am trustworthy enough to loan similar amounts of money to.
Nice of them to lend me my own money back I guess. /s
My favorite thing about Amazon lending is how the amount they offer to lend me is often roughly the amount they are holding in reserve at all times for fun.
So I am not trustworthy enough to pay me until a week after the customer receives the item, but I am trustworthy enough to loan similar amounts of money to.
Nice of them to lend me my own money back I guess. /s
Who thinks it is a good idea to borrow money from a company run by Amabots, raise your hand!
Who thinks it is a good idea to borrow money from a company run by Amabots, raise your hand!
Amazon lending we have done 5 times over the past 10 years and I am a fan of it.
For one thing they use your own data to figure how much they can safely lend you so they protect themselves and you at the same time. Their interest rates are fair and you can choose from how many months you want to take to pay it back. The most we ever borrowed was 153,000 and the least was 14,000 we used the funds to purchase stock for the most part but we also use it to lease and set up a warehouse to expand our business. Having the payments short term and being taking out of our sales worked out for us and again the interest rates are very fair. So it is not for everyone but if you are using it properly it is a great help to your business.
Amazon lending we have done 5 times over the past 10 years and I am a fan of it.
For one thing they use your own data to figure how much they can safely lend you so they protect themselves and you at the same time. Their interest rates are fair and you can choose from how many months you want to take to pay it back. The most we ever borrowed was 153,000 and the least was 14,000 we used the funds to purchase stock for the most part but we also use it to lease and set up a warehouse to expand our business. Having the payments short term and being taking out of our sales worked out for us and again the interest rates are very fair. So it is not for everyone but if you are using it properly it is a great help to your business.
How about you use the same credit report for a seller to loan them money, and simply reduce/remove the reserve on their account.
How about you use the same credit report for a seller to loan them money, and simply reduce/remove the reserve on their account.
I enjoy the lien I still have in California on my business despite that loan being paid back in 2019. Thank you, Amazon
Fortunately, no reserves on my account, that sounds awful when they are your lender.
I enjoy the lien I still have in California on my business despite that loan being paid back in 2019. Thank you, Amazon
Fortunately, no reserves on my account, that sounds awful when they are your lender.
I paid off my last loan in December. I would have never taken it out if I would have known that it would take 8 months to get my best selling category working again. I paid it back, it took the full 12 months but it was a painful 12 months. I am hesitant to say the least to take out another one now.
I paid off my last loan in December. I would have never taken it out if I would have known that it would take 8 months to get my best selling category working again. I paid it back, it took the full 12 months but it was a painful 12 months. I am hesitant to say the least to take out another one now.
I still don’t understand why people complain about amazon services, all-the-while, use amazon services for their business.
I’ve used Amazon capital loans numerous times to help scale my business, and paypal, and square. If it weren’t for these offers, I wouldn’t be here today. My recommendation would be: Don’t listen to anyone complaining about it, they obviously did something on their end to mess up. Like take to much and couldn’t pay it back. Take everything you can get and GO! Inventory, sales, inventory, sales. Don’t use it for anything else.
I still don’t understand why people complain about amazon services, all-the-while, use amazon services for their business.
I’ve used Amazon capital loans numerous times to help scale my business, and paypal, and square. If it weren’t for these offers, I wouldn’t be here today. My recommendation would be: Don’t listen to anyone complaining about it, they obviously did something on their end to mess up. Like take to much and couldn’t pay it back. Take everything you can get and GO! Inventory, sales, inventory, sales. Don’t use it for anything else.
Sellers Funding is a good lender. I have used them for about 3 years to help fund my e-commerce business on Amazon.
Sellers Funding is a good lender. I have used them for about 3 years to help fund my e-commerce business on Amazon.