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  Amazon Lending
Amazon Lending
in Business Loans from Amazon
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Amazon Lending

Unaffiliated
in Business Loans from Amazon
Net Recommendation Score -100  

SUPERMONEY NET RECOMMENDATION SCORE

This product is strongly not recommended by SuperMoney users with a score of -100, equating to 1 on a 5 point rating scale.

-100

Recommendation score measures the loyalty between a provider and a consumer. It's at +100 if everybody recommends the provider, and at -100 when no one recommends.

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Highlights
Community Rating

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Loan Amount $1,000 - $750,000
APR  (Fixed APR) 6% - 14%
Loan Term (Months) Up to 12 months

Amazon Lending Review

Amazon lending is a business financing offering by Amazon, based in North Seattle, WA. Founded in 1994, Amazon offers access to small business loans in 50 states (and Washington, DC).

Amazon lending FAQ

What are Amazon lending’s rates?

Amazon lending offers a fixed APR business financing product that ranges from 6% APR up to 14% APR.

Does Amazon lending charge an origination fee?

Yes, Amazon lending charges a loan origination fee.

What limitations does Amazon lending set on the purpose of the business loan?

Amazon lending considers business loan applications for business purposes, such as:

  • Business Debt Refinance
  • Equipment Purchase
  • Lease Improvement
  • New Location
  • Product or Service Expansion
  • Working capital

What types of small business loans does Amazon lending offer?

Not all small business loans are made equal. The type of business loan you choose will determine the range of interest rates and terms you receive. Amazon lending provides access to the following business loan types:

  • Unsecured Term Business Loans

Does Amazon lending charge prepayment fees?

Yes, Amazon lending charges additional fees to borrowers who pay off their small business loans sooner than anticipated. Take this into consideration when choosing a lender because prepayment penalties can reduce or even cancel the interest savings of repaying a business loan early.

How much can you borrow from Amazon lending?

Business loan amounts start at $1,000 and go up to $750,000.

What is the maximum business loan term you can get with Amazon lending?

Amazon lending offers small business loans with a maximum term of 12 months. Having the option of longer terms allows borrowers to take on larger loan amounts while keeping monthly payments more affordable. However, the longer the term of your loan, the more interest you will pay.

What do you need to qualify for Amazon Lending?

Amazon Lending does not require borrowers to have been in business for a minimum number of years. Businesses don't have to meet a minimum annual revenue to be considered.

Applicants with a credit score of at least 640 and up to 850 may be eligible for Amazon Lending.

The Military Lending Act (32 C.F.R. § 232) prohibits lenders from charging service members more than 36% APR on credit extended to covered borrowers. Active duty service members and their covered dependents are eligible to apply for a loan via Amazon Lending. Their rates fall within the limits of The Military Lending Act.

U.S. citizens and permanent resident / green card holders are eligible to apply for the services offered by Amazon Lending. An uncommon feature is for lenders to offer their services to non-residents. Amazon is one of the few that does. If you are a non-resident looking to access these services through an entity incorporated in the U.S., you are in luck. Amazon Lending will consider you for their services.

To qualify, applicants may need to provide the following documentation:

  • Proof of income
  • Proof of identity

What is the estimated funding time for a business loan via Amazon lending?

Amazon lending can approve (or deny) a business loan application within 72 hours and fund small business loans within 1 business day of approval.

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Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author’s alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Message From Amazon lending

Working capital loans designed with your business needs in mind. Amazon Lending provides financing options to help small and medium-sized businesses grow on Amazon. Business financing options are extended to eligible sellers and the application process is 100% digital. Once you select the option that meets your business needs, you can apply for the amount that works for you, up to the full amount you’re eligible for, and there are no hidden fees.

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Other Services by Amazon

Availability

  Available in 50 states and Washington, D.C.
  • Alabama
  • Alaska
  • Arizona
  • Arkansas
  • California
  • Colorado
  • Connecticut
  • Delaware
  • Florida
  • Georgia
  • Hawaii
  • Idaho
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Maine
  • Maryland
  • Massachusetts
  • Michigan
  • Minnesota
  • Mississippi
  • Missouri
  • Montana
  • Nebraska
  • Nevada
  • New Hampshire
  • New Jersey
  • New Mexico
  • New York
  • North Carolina
  • North Dakota
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Rhode Island
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • Vermont
  • Virginia
  • Washington
  • Washington, DC
  • West Virginia
  • Wisconsin
  • Wyoming

Feature Breakdown

Credit Score Range 640 - 850
Employment Statuses Considered
  • Other
  • Employed Full-Time
  • Employed Part-Time
  • Self-Employed
  • Retired
  • Unemployed
Immigration Status Considered
  • U.S. Citizen
  • U.S. Permanent Resident
  • Non-Resident
  • Non-Residents Through Entities Incorporated in the U.S.
Military Status
  • Active Duty Military
  • Non-Military
  • Veterans
  • Military Dependent
Verification Documents Required
  • Proof of Income
  • Proof of Identity
Approval Speed 72 hours
Funding Time Range 1 - 7 days
APR Type Fixed APR
Loan Amount $1,000 - $750,000
APR (Fixed APR) 6% - 14%
Loan Term Up to 12 months

Amazon Lending Community Reviews

 

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SUPERMONEY NET RECOMMENDATION SCORE

This product is strongly not recommended by SuperMoney users with a score of -100, equating to 1 on a 5 point rating scale.

-100

Recommendation score measures the loyalty between a provider and a consumer. It's at +100 if everybody recommends the provider, and at -100 when no one recommends.

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