Are Working Capital Loan Issuance on Pause or Stopped

[EECVAIAC]

Does anyone know if Paypal has suspended the issuance of working capital?

I paid off our existing loan early, in order to consolidate some items and re-issue, but the follow up loan invitation has not been received - which is abnormal.

[PatchMan]

I actually called them a few days ago about this. I wanted to pay off a loan early and get another one but was wondering if they are stopping the program. The person I talked to said everything is still going as always. But she did not advise me to pay off my loan early in case I was declined for another one.

You can simply go to the working capitol page and apply again for a new loan, no need to wait for an invite. But you need to wait 3 days or longer after you pay off your loan.

[EECVAIAC]

The application was not available until today, 5 days after the pay off.

This is the first time in history (4 years) that I was not instantly approved, and they said they would send an email by April 6th.

They are obviously changing something due to the situation going on.

[TheSout94]

Hey have you had any luck on acquiring a new loan? 

[EECVAIAC]

No, as I stated yesterday my application is 'still in review' , says I should receive an offer by April 6th.