eBay offers loans to help small businesses bounce back from Covid

eBay box on the ground

eBay has launched a new finance initiative to help small businesses bounce back after the coronavirus crisis.

The online marketplace will provide 300,000 sellers on its UK platform with new access to financing through a partnership with YouLend. 

The Capital for eBay Business Sellers (CEBS) initiative will offer loans ranging from £500 to £1m, which will be repaid directly from the sales the company makes through eBay’s platform. 

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