Paid off five (5) Paypal Working Capital loans without a problem. Some were even paid off early. Now, Paypal says it is not available in my state of South Dakota. Calling them provides no answers... nobody knows why? I am so frustrated!
“Am I eligible to apply for PayPal Working Capital?*
*PayPal Working Capital is currently unavailable to merchants located in North Dakota, South Dakota, Virginia. State eligibility is subject to change. Please continue to check back to see if businesses located in your state become eligible for PayPal Working Capital.”
Were you ever able to find out why the change took place? I’ve gotten 16 loans so far with working capital and it was devastating to find out that North Dakota is now one of three states excluded.
This is absolutely ridiculous that not one person that works for PayPal can answer a simple question??? WHY is PayPal working capital no longer eligible in my area??? Somebody put it on the website see somebody must know the answer!
It is VERY ridiculous. I've called them numerous times over the past year since they suddenly took it away with NO NOTICE, and of course, they claim to know absolutely nothing. The manager I talked to didn't even know PayPal had been added back to the list of approved invome-based lenders in VA. Like, how do you not know that and you specifically work for WORKING CAPITAL?! They look incredibly incompetent. This non-access has seriously damaged my business! PayPal needs to get it together.
