Amazon and youlend

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Seller_SVvTOVbATLneu

Amazon and youlend

Can see amazon has now partnered with youlend https://thepaypers.com/payments-general/amazon-partners-with-youlend-for-a-flexible-financing-programme--1263086

What will happen to amazon lending, is this different? usually with amazon lending they will offer more funds after 2-3 months have been paid off.

You lend appear to do things different and study the business and bank statments as a whole more as opposed to amazon sales.

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Seller_Nprc5XWvdLYk9

Was it youlend working with the auction site?

If it was they wanted effectively read only access to a borrowers business bank account - so they could see all transactions in and out (who they were from and who they were to) - ok I realise a bank manager can do that and of course Amazon know a sellers amazon incoming etc - but would a seller really want to give all of that information away (and on an ongoing live basis)

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Seller_SVvTOVbATLneu

I wonder if amazon lending will stop and all new loans will now be diverted to youlend

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