I really liked Paypal's Working Capital the first go round. Paid off $6.5K loan with its $375 fee in 10 months. Looked into a new loan. Sales have been at basically the same level for the last 12 months as they were for the prior 12 months. The offer is NOW for a $4k loan with a $375 fee. Huh? My credit cards are now cheaper (especially when you figure that the credit card balance would go down every month if paid off the same way that the PP Working Capital loan is paid off). Oh well, nice while it lasted, but I'm no longer a Working Capital customer because it no longer works for me.
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