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The lending seems to have started being approved again.
We had a small loan (£30,000) about 2 months ago, and then were offered and took £60,000 which we paid back within 3 weeks. Now just been offered and accepted £110,000.
I think volume and history helps, we take a fair amount through PayPal, but despite that we kept getting error codes from May onwards last year.
We don't sell on eBay, just direct through our own website. Probably 30% of sales are done with PayPal. Will be circa £6m this year, so a not insignificant sum.
We're up about 400% year on year but they only started lending to us again a few weeks ago. We did lots of applications in the second half of last year and got different error codes.
We never overpaid, we just let the % do the work, we do it on 25% usually and get it paid off quickly. We paid back the last £60,000 in 3 weeks and then they offered us £110,000 a couple of days later.