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08-29-2017, 12:54 PM #1
- Join Date
- Feb 2017
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Amazon Lending
It doesn't appear that they show up on the bank statements.
They seem to be much like a CC split cash advance, where the loan is paid back from the sales on Amazon. Which means that their Amazon profit margin is reduced. I think they take a lien on the inventory as collateral.
Is it called a "position" for a funder? MCA, Bluevine, Funding Circle, Bank, etc...
Does Amazon loans file a UCC? How would a funder know about it?
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