Square partners with eBay to expand lending for 'underserved' small businesses

Square partners with eBay to expand lending for 'underserved' small businesses

6 years ago
Anonymous $hM_jrxqbr-

https://www.cnbc.com/2018/07/24/square-partners-with-ebay-to-expand-small-business-lending.html

Fintech company Square is boosting its small-business lending with an eBay partnership announced Tuesday morning.

Square Capital, the lending arm of the payment start-up, will be available to eBay sellers looking to expand their business operations. Starting in the third quarter, merchants on the site can apply for a loan as small as $500 and up to $100,000 to help with everything from payroll and inventory to equipment and marketing, the companies said in a press release.