Amazon is promoting a new line of credit to cash-strapped sellers, adding to the ways it helps sellers grow their businesses on Amazon through lending programs. In 2019, Amazon loaned more than $1 billion to more than 14,000 US-based businesses. Read more
Amazon executive Dharmesh Mehta told sellers the company has heard from many of them about the significant challenges they face in maintaining inventory levels, coordinating operations, logistics, and fulfillment capabilities, and in managing day-to-day business and employees – as well Read more
Amazon is giving some relief to sellers who participate in the Amazon Lending program. The company announced on Wednesday it is pausing payments interest-free through April. As we reported last week, sellers were growing concerned about how they would make Read more
Amazon has lent more than $1 billion to small businesses in the last 12 months through its Amazon Lending program, and lent a total of $3 billion to over 20,000 small businesses since the program’s launch in 2011. The company Read more
