eBay Seller Capital and Liberis partner to accelerate small business growth. Source: Shutterstock.com

eBay has announced the launch of Business Cash Advance, a new eBay Seller Capital revenue-based financing product provided by Liberis. Aimed at supporting eBay sellers at every business stage, Business Cash Advance offers eligible US eBay sellers up to $1m in working capital in as little as 24 hours.

The product delivers a positive application experience with 100% online and personalised application experience that takes as little as three minutes

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Extensive financing options, with pre-approved funding offers ranging from $500 up to $1m removing the fear of rejection. 

Sellers can easily track payment progress

Fast access to capital, upon approval. Funds are typically transferred in as little as 12-24 hours.

Flexible payment schedules that scale with the seller’s sales cycle. There is no minimum payment and no early payment penalty. 

Plus, sellers can easily track payment progress, reconcile payments and sales proceeds, and view all reporting in one place on the eBay Seller Hub.

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Avritti Khandurie Mittal, VP & General Manager of Global Payments and Financial Services at eBay, said: “As a pioneer in ecommerce and the home to small businesses in more than 190 markets, eBay understands the challenges small businesses encounter in securing fast, flexible and transparent financing. eBay Seller Capital is aimed at fueling our sellers’ growth by providing them with tailored financing solutions that meet the unique needs of their businesses. The addition of Business Cash Advance to our suite of offerings in partnership with Liberis enables us to expand capital availability for our sellers on flexible terms, when they need it the most.”

Rob Straathof, CEO of Liberis, added: “We understand the unique challenges eBay sellers face when securing financing through traditional means. Through eBay Seller Capital, Liberis will empower sellers with access to fast and responsible financing. We’re thrilled to partner with eBay to support eBay sellers to operate and grow their businesses.”