Working Capital loan

[christina4733]

I have had 7 loans up to 10k each one was paid off the last one was 10k and I was expecting to do the same to purchase more inventory. How do they determine the amount ? Has things changed ? And I didn't officially get an email asking to apply it was at the top of the page where the alerts are and it say apply for 5k. No that is not what I want. I'd like to know how they determine this?

[kernowlass]

@christina4733 

https://www.paypal.com/us/cshelp/article/HELP430

https://www.paypal.com/workingcapital/terms

[musycmakyr]

After 10 Working Capital Loans for about 400k all paid back early and within 3 months. I was told the other day that because we had such an amazing month last month that I can't get a working capital loan. Exact words from 3 different people at working capital!! Can someone please help me understand this logic?!?!?!? Upset in Knoxville, TN    

[davoaxoim]

There isn't an answer they are willing to give. The reality is that the algorithm is now looking for reasons to deny that go beyond the listed requirements. Things like what industry your Paypal business account is listed under. Though I bet it hasn't changed since you opened the account. The other thing I've been told is to apply after a "good week" or a "steady week", because now it is looking at the number of transactions and how they vary. My best guess is around 2020 they wrote in a bunch of new conditions in the algorithm and then blamed it on the switch to Zettle. Paypal discontinued the Zettle WP program claiming that the conflict with Zettle and PPWP would be fixed. It seemed to be because it went from lack of sales to a bunch of other reasons. The most frustrating part of this is there is no human control or oversight, if they algorithm says, "No". there is not a thing anyone can do about it.

[RyA1]

Did you ever get this issue solved? Having the same issue.