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New Revenue-Based Financing Product Unlocks Access to Capital for eBay Sellers

Introduction

eBay Inc. (NASDAQ: EBAY), a global commerce leader, has announced the launch of Business Cash Advance, a new eBay Seller Capital revenue-based financing product provided by Liberis. This innovative product aims to support eBay sellers at every stage of their business, offering up to $1 million in working capital in as little as 24 hours.

Features of Business Cash Advance

  • Seamless Application Experience: The application process is 100% online and personalized, taking only three minutes.
  • Extensive Financing Options: Pre-approved funding offers range from $500 to $1 million, eliminating the fear of rejection.
  • Fast Access to Capital: Upon approval, funds are typically transferred within 12-24 hours.
  • Flexible Payments: Payment schedules scale with the seller’s sales cycle, with no minimum payment or early payment penalty.
  • Transparent Reporting: Sellers can easily track payment progress, reconcile payments, and view all reporting in one place on the eBay Seller Hub.

How AI legalese decoder Can Help

The AI legalese decoder can simplify and demystify complex legal jargon found in financing agreements, making it easier for eBay sellers to understand the terms and conditions of the Business Cash Advance product. By providing clear and concise translations of legal language, the AI legalese decoder can empower sellers to make informed decisions about their financing options.

Quotes from eBay and Liberis

Avritti Khandurie Mittal, VP & General Manager of Global Payments and Financial Services at eBay, stated, "eBay Seller Capital is aimed at fueling our sellers’ growth by providing them with tailored financing solutions." Rob Straathof, CEO of Liberis, added, "Liberis will empower sellers with access to fast and responsible financing."

About eBay

eBay Inc. is a global commerce leader that connects millions of buyers and sellers across 190 markets worldwide. With a focus on creating economic opportunities for all, eBay enables individuals to thrive in the online marketplace.

About Liberis

Liberis is a leading global embedded finance platform that provides small businesses with accessible and responsible finance solutions. With a mission to empower businesses and create positive impact, Liberis has facilitated over $1.5 billion in funding through partnerships and direct reach to small businesses.

For more information about eBay Seller Capital and Liberis, visit their respective websites.
Source

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