Paypal Working Capital
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Can anyone please help. I have an outstanding record with Working Capital. All my loans are fully repaid (the last very swiftly) and each invested very wisely at the time to increase turnover. This current period is a great opportunity to obtain stock to list in preparation of things lifting, and to time manage the day to maximise future returns. But I keep getting this message... ... Sorry.. Paypal Working Capital Is Not Available For Your Business At Present". I've spoken to paypal by phone - They said "keep trying" - they said my account is outstanding.... They could offer no explanation. .. They suggested I write in for an email response from the Working Capital team. I've written twice.. the first time I was told to retry in a week by which time they could advise what was stopping it... I did this but they told me to "retry in 90 days" instead. Has anyone else had this happen. I am very disheartened as I feel paypal are not supporting me after I have created a paypal business with 15 years trading and loyalty too.
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It sounds like maybe the systems are just now allowing you through in this current environment. It could be something about credit score or changes in requirements to account history, or any number of things.
Retrying in 90 days would be helpful if things turn around and get back to "normal".
Just my speculation.
PayPal Partner and Certified Developer - Kudos are Greatly Appreciated!
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I owe $10,500 of a $23,000 working capital loan. My question is: If I pay the balance in full, will I be offered another opportunity to apply for a 4th loan? Since paypal working capital is currently not deducting the 30% repayment, I wonder if you are making new loans? Thank you
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