CAPITAL: Small Businesses Are Finding An Unlikely Banker: Amazon. “Merchants who spoke to The Wall Street Journal said they were offered loans ranging from $1,000 to $38,000 apiece, with interest rates from less than 1% (for one of them) to 13.9% (for most who were interviewed). Small-business credit-card interest rates typically range from 13% to 19%. Those who received an Amazon Lending pitch also characterized themselves as heavy sellers of goods through Amazon’s website.”
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