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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Replying to @CharlieZvible
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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Replying to @Molson_Hart
Any idea if it’s broad based pulling of offers? Is this new or ongoing?
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Replying to @CharlieZvible
looks broad based. new.pic.twitter.com/AEHe9iJqpn
6:57 PM - 17 Mar 2020
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