Bring Back Amazon Lending
Hello,
please bring back amazon lending facility, as third party lending is so expensive and it's very frustrating to deal with third party lenders.
amazon lending was straight forward, easy to deal with, and they are not ripped off like other third party lenders.
i had few direct lending with amazon in past and most i have was nearly 200k.
all paid on or before time, no stress at all simple and straight forward dealing, money in account very quickly.
amazon lending help me to boost my business to next level, but since they closed their lending option it's no good to deal with 3rd party lenders, they devalue your business and offer less amount at high interest rates.
Hope amazon will get rid off third party lenders and bring their on loan back to help sellers to grow their business.
Thanks
Bring Back Amazon Lending
Hello,
please bring back amazon lending facility, as third party lending is so expensive and it's very frustrating to deal with third party lenders.
amazon lending was straight forward, easy to deal with, and they are not ripped off like other third party lenders.
i had few direct lending with amazon in past and most i have was nearly 200k.
all paid on or before time, no stress at all simple and straight forward dealing, money in account very quickly.
amazon lending help me to boost my business to next level, but since they closed their lending option it's no good to deal with 3rd party lenders, they devalue your business and offer less amount at high interest rates.
Hope amazon will get rid off third party lenders and bring their on loan back to help sellers to grow their business.
Thanks
0 replies
Billy_Amazon
Hello @movielovers786,
Thank you for sharing your experience and feedback. It's clear that Amazon Lending made a real difference in helping you grow your business, and I appreciate you taking the time to share that here.
I completely understand your concern, having a straightforward lending experience that allowed you to scale up to nearly £200k with simple terms and quick disbursement is exactly the kind of support that helps sellers thrive.
I want to share some helpful context about how Amazon Lending currently works. Amazon Lending now operates through trusted third-party financing providers, and eligible sellers can still access financing options directly through Seller Central. Here's how it works :
- Eligibility is invite-based, sellers with a proven track record of growing sales and providing high customer satisfaction may receive invitations to apply.
- You can check for offers by going to Seller Central via the Growth tab.
- The application process is quick, applying takes minutes for most applicants, with financing decisions usually made in less than three business days
- Funds are typically disbursed within two business days of approval
The benefits of the current program still include freeing up cash flow for inventory, marketing, expanding product lines, and covering day-to-day business costs.
I'd encourage you to check your Seller Central account to see if you have any active financing invitations available. You can also review the different product options here.
For additional information, please review our Third-party financing providers for Amazon Lending help page.
Your feedback about preferring direct Amazon lending over third-party options is valuable, and I want you to know that this kind of input does get heard. The Seller Forums are a great place to share these experiences.
Wishing you continued success!
Regards,
Billy
Seller_cMCFNUpmHICsH
No point in engaging deeply on this matter. If it is bots replying, then why is Amazon replying through bots with their team names on sellers' inquiries? I think you missed the point. This culture of copying and pasting with AI Agent bots is not helping the sellers' inquiries.
I don't burden myself with RUBBISH Amazon replies. The point to prove is that the bots, or whoever replied from Amazon, were not on topic, as the seller requested that the Amazon Team look into.
Forums are communities where everyone shares their thoughts and questions to get help. Not the place for generic bot answers. I can use an online AI Agent to get answers. They offer much better results than Amazon's rubbish bot.
Let's leave it; you will not understand poor Amazon's business culture. I can sense from your reply that you don't know Amazon yet.
It appears you are new to Amazon.
Thanks
Seller_LVJaidBR9PT5Z
Completely agree with you, Youlend has to be one of the worst companies.
Seller_vdjmMZ26n0fRu
You are right. I have been selling on Amazon for the last 12 years. Previously, I used Amazon Lending, but after another lender took over, I took 3–4 loans from them. Unfortunately, my experience has been very disappointing.
I operate on a wholesale business model and, after all expenses, my profit margin is usually only around 10–12%. However, the lender charges extremely high rates, effectively costing more than 20%, which makes it very difficult to make a reasonable profit.
What I found most frustrating was the constant pressure. If sales drop, the account is suspended, or any other business issue arises, they immediately start calling and demanding repayments. No matter how much you try to explain the situation, they do not seem willing to listen. The repayment amounts are fixed, and the weekly instalments must be paid regardless of your business performance.
I am also not satisfied with their Plaid system, as it keeps picking up the wrong bank account details, which has resulted in loan applications being rejected.
Amazon Lending was much easier and more seller-friendly. Because of my experience with this lender, I have decided not to take any further loans from them. In my opinion, they are far too expensive and put unnecessary pressure on sellers, whether the business is large or small.
Seller_K8edOfPu9HEmN
They wont...Amz will make a good bit out of the commission without the outlay and risk
Jameson_Amazon
Hi everyone,
Thank you all for sharing your experiences and feedback here. While Community Managers on the Seller Forums do not have direct insights into or control over the current lending structure, please know that we will pass this feedback along to the appropriate internal teams.
I appreciate you taking the time to share your perspectives.
All the best,
Jameson
