💼 New Financing Option
eBay Inc. has teamed up with Liberis to introduce Business Cash Advance. This new financing product is tailored to meet the needs of U.S. eBay sellers. Sellers can get up to $1M in working capital in just 24 hours. The application process is entirely online and takes as little as three minutes. Pre-approved funding offers range from $500 to $1M, so sellers don't have to worry about rejection. This product is aimed at helping sellers grow their businesses by providing the capital they need quickly and efficiently.
🚀 Fast and Flexible
Business Cash Advance provides fast access to funds. Once approved, the money is typically transferred within 12-24 hours. This means sellers can act quickly to seize business opportunities. Payments are flexible and can scale with the seller's sales cycle. There's no minimum payment required, and no penalty for early payment. This makes managing finances easier and more adaptable to the ebbs and flows of business operations.
📊 Transparent Reporting
The new financing product also offers transparent reporting. Sellers can track their payment progress, reconcile payments and sales proceeds, and view all reports in one place on the eBay Seller Hub. This ensures that sellers have a clear and complete view of their financial situation at all times, which helps them make informed business decisions.
🗣 Expert Insights
Avritti Khandurie Mittal, VP & General Manager of Global Payments and Financial Services at eBay, said, "eBay Seller Capital is aimed at fueling our sellers’ growth by providing them with tailored financing solutions." Rob Straathof, CEO of Liberis, added, "Through eBay Seller Capital, Liberis will empower sellers with access to fast and responsible financing." These expert insights underline the commitment of both companies to support eBay sellers in their business endeavors.
Will eBay's new financing help your business grow?
