Working capital
Chuffingmad
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Posted on
Sep-23-2017
02:02 AM
We paid off our 2nd paypal capItal loan 2 days ago early . As we had the chance to buy a lot of secondhand machinery which would of greatly increased profit margin as more would be done in house. However when we apply for a new loan it says it's not available to us at this time. Underneath it says DLGJ0650 I's this a code that here's help with ? Would be really frustrating if you're not allowed a third as didn't realise and we could of brought haof of it. Any ideas would be great cheers Ps. Stable sales and never had a complaint escalated that I can think of
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Nietzsche22
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Mar-16-2018
02:11 AM
Hello,
Be patient. WC works fine. One will generally get denied because the computer takes time to adjust your last payoff. Just wait a week or two. As long as you continue to meet paypal minimal for qualification, you will be fine. It happens to me all the time and I have had 4 loans with them. I just received funding recently and was denied with 602 code for about a week.
It's normal. Paypal works for me better than any other banking system. Just keep plugging away when applying. Paypal does not hold it against you because there is no credit check.
Maurice
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