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Given the new Amazon Lending program, I'm guessing they're starting to move in that direction. It's for sellers buying inventory now, but Amazon has a lot of da
by jkestner 14y ago
Given the new Amazon Lending program, I'm guessing they're starting to move in that direction. It's for sellers buying inventory now, but Amazon has a lot of data about what sells that can help it determine what's a good risk for investment.
Cam, you rock.
- marknowotarski 14y agoAmazon has a "lending program"? Can you point to it. That's the magic that holds this together. Get prefunding that's only available when you are ready to ship. Secure a loan with the prefunding to go into production.
- rdl 14y agoAmazon Lending through Amazon Capital Services http://online.wsj.com/article/SB10000872396390443493304578034103049644978.html http://online.wsj.com/article/SB1000087239639044349330457803... (google "Small Businesses are Finding An Unlikely Banker: Amazon" to get around paywall)
- marknowotarski 14y agoExcellent. Thank you.