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Amazon lending arm to get boost from Bank of America Merrill Lynch

written by admin February 15, 2018

Amazon Lending, the lending arm of Amazon that targets sellers unable to access conventional business loans, has entered into a partnership with Bank of America Merrill Lynch.

According to sources, the collaboration will enable Amazon to minimize its exposure to risk while increasing the pool of credit available to merchants. These merchants are ultimately, through the credit facility, given the muscle to attain the necessary inventory levels.

Amazon lending arm to get boost from Bank of America Merrill Lynch was last modified: February 16th, 2018 by admin
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