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PayPal said on Wednesday that it has issued more than $30 billion in global loans to small businesses since launching its first merchant loan solution in 2013. The company said in a press release issued on Wednesday that during this period, it has issued more than 1.4 million loans to more than 420,000 commercial accounts around the world. Michelle Gill, PayPal's executive vice president and general manager of small business and financial services, said in a press release that PayPal's merchant loan solutions — PayPal Business Loans and PayPal Working Capital — are designed to help small businesses overcome the challenges they often face in obtaining capital.

Zhitongcaijing·03/26/2025 14:33:09
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PayPal said on Wednesday that it has issued more than $30 billion in global loans to small businesses since launching its first merchant loan solution in 2013. The company said in a press release issued on Wednesday that during this period, it has issued more than 1.4 million loans to more than 420,000 commercial accounts around the world. Michelle Gill, PayPal's executive vice president and general manager of small business and financial services, said in a press release that PayPal's merchant loan solutions — PayPal Business Loans and PayPal Working Capital — are designed to help small businesses overcome the challenges they often face in obtaining capital.