eBay Debuts Working Capital Solution for Sellers
eBayeBay(US:EBAY) PYMNTS.com·2024-07-10 19:30

Group 1 - eBay has partnered with Liberis to launch Business Cash Advance, providing eligible sellers in the U.S. with up to $1 million in working capital within 24 hours [1] - The initiative aims to support seller growth by offering tailored financing solutions that address the unique needs of eBay sellers [1] - The launch of this product comes at a time when U.S. merchants are experiencing low optimism, making effective working capital management crucial for business stability and growth [1] Group 2 - New working capital products and financial services are emerging to help businesses navigate economic fluctuations such as inflation and interest rate changes [2] - These innovative solutions include virtual and commercial cards, supply chain finance, invoice finance, and asset-based lending, which enhance cash flow management and investment opportunities [2] - The tightening of monetary policy and inflation has prompted companies to recognize the need for working capital for both short-term operational stability and long-term strategic investments in technology [2]