Mine is the same story it seems. Paypal Working Capital has been such a great way to expand and buy equipment. But it seems they aren't for the "truly" small business owners anymore, and none of us should count on them being there for us. I've had two loans in the past, with no issues in paying them back, but now I'm being denied. I pulled in nearly 90K last year, which is not huge, but it's more than pocket change, and my sales are more than sufficient to cover another loan. I understand that they may have adjusted their parameters, but if that's the case, revise your requirements so that we know what to expect coming in ... it says in the PWC faqs, "your maximum loan amount can be up to 30% of the sales your business processed through PayPal in the past 12 months". I know that's not a given, but if they are not basing their decision on the past 12 months, then let us know. It's really misleading. And I'm very disheartened right now.
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