Amazon has a massive lending operation. They have your sales data and they can see the inventory you have in their warehouses, so they lend you money that is secured against inventory. Amazon has pulled its loan offers to sellers on its platform.
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Can you give more color on them pulling offers?
Sure, but what do you have in mind? They seem to have done it silently without any notification, much like they blocked shipments yesterday.
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Any idea if it’s broad based pulling of offers? Is this new or ongoing?
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