Basis for Working Capital Loan....
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So I have a great selling record....generating around $20k / month. First WCL approved for $12k (30% pay-back and paid off in 2 months); 2nd WCL approved for $17k (ditto); 3rd WCL approved for $19.5k (paid off in 4 months).......just applied and it offered me $12k??? I called to try and understand why they would suddenly offer me so much less and noone at Paypal Working Capital was able to give me any information on the factors taken into account in the decision. They told me to reapply and it suddenly drops to $8k. WTH??? My sales have remained constant and no other factors have changed. Any ideas?
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As this is a peer to peer community, you would need to contact customer support for assistance with your specific concerns.
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