💥 Amazon is shaking up its seller support systems and jeopardising US$ 140 billion revenue stream 💥 After 10+ years, Amazon Lending is ending its direct loan program for US and UK sellers. Amazon is making a significant change to how it supports marketplace sellers. The company is discontinuing its Amazon Lending program, which has provided direct loans for over a decade. What does this mean for sellers? ❌ No more new loans: Amazon will stop underwriting its own loans to marketplace sellers as of March 6, 2024. ❌ Existing loans honored: Amazon will continue to service current loans. ❌$140 billion at stake: This decision could impact a significant portion of Amazon's seller-based revenue stream. With Amazon Lending discontinuing its program, sellers may be scrambling to find alternative financing solutions. CrediLinq.Ai's Amazon seller financing program may be your solution. Here's why: ✅ Tailored for Amazon: Designed specifically for sellers on the Amazon marketplace. ✅ Seamless Integration: Embedded financing simplifies the loan process within the platform. ✅ Flexible Options: Potentially offers the flexibility sellers need to find funding that fits. Interested in learning more? Visit CrediLinq.ai https://lnkd.in/gzSeeTbx #amazonlending #sellerfinancing #ecommerce
Well done by CrediLinq.Ai team! Great opportunity to capture with Amazon sellers 🙌
Chief Product Officer CrediLinq | SAAS | Fintech | MSME | Embedded Finance | B2B BNPL
6moGreat opportunity for Amazon sellers to get upto USD 2 Mn credit line purely based on Amazon sales data Sell on Amazon Amazon Seller Central Meghla Bhardwaj