Your loan is on its way. Call us on 1800 286 793 if you don't see it in your PayPal account within 24 hours.

Have questions?

We have answers.

Overview

Overview

What is PayPal Working Capital?

PayPal Working Capital gives businesses access to the capital they need, but it’s faster and easier than traditional loans. It’s available to select businesses that already process payments through PayPal. If your business qualifies, we’ll review your PayPal sales history to customise an offer for you.

Am I eligible for PayPal Working Capital?

To be eligible to apply for PayPal Working Capital, as of 5 days before completing the application, you must:

  • Have a business or premier account for 3 months or more.
  • Live in Australia, United States, Germany, or the United Kingdom.
  • Have paid off any existing PayPal Working Capital loan.
How does PayPal Working Capital work?

PayPal Working Capital is a business loan with a single fixed fee.* You repay the loan and fee with a percentage of your PayPal sales.

The process is easy:

  1. Select your loan amount. You can borrow up to 35% of your PayPal sales over the past 12 months, to a maximum of $150,000 for your first and second loans, and $200,000 for subsequent ones.
  2. Choose the percentage of your future PayPal sales that will go toward repaying your loan and fixed fee.
  3. If approved, receive the money in your PayPal account within minutes to use for your business.
  4. Repay automatically with a percentage of your sales until your balance is paid in full. You can also make additional repayments or even pay the loan in full early, without penalty.
How is my maximum loan amount determined?

We review your PayPal sales history and determine your loan amount. In most cases, if approved, your maximum loan amount will be up to 35% of the sales your business has processed through PayPal over the past 12 months, and no more than $150,000 for your first and second loans, and $200,000 for subsequent ones. However, the amount offered may be lower for new businesses or those with volatile or seasonally variable sales.

Can I have more than one PayPal Working Capital loan at a time?

No. PayPal Working Capital loans are issued one at a time to help keep repayment simple and affordable for you. You can re-apply once you’ve paid off your loan – many businesses do. Keep in mind that it can take up to 3 business days for your final payment to process so you may not be able to apply for a new loan immediately, and your new loan application will be subject to approval.

Do I need to change how my sales are processed?

No. You don’t need to change anything. Repayments occur automatically as a percentage of each PayPal sale you make.

Do I need to change anything if I sell on eBay?

No. You don’t need to change anything. With PayPal Working Capital, you can use any platform to sell – as long as you process your sales through PayPal.

The more you sell through PayPal, the more funding you may qualify for when you apply. If your PayPal activity changes, your eligibility and offer may change as well.

Will my offer expire?

Yes. Your PayPal Working Capital loan offer is good for a limited time. If you leave your application, your offer will remain available through the PayPal Working Capital site until it expires. Once your offer expires, you’ll have to apply again.

☃Category02☃

Fees

What fees will I pay with PayPal Working Capital?

Unlike traditional loans, PayPal Working Capital charges a single, fixed fee that you’ll agree to when you apply. There are no late fees and no penalties for early repayment or one-off repayments.

Your standard transaction and currency conversions fees will continue to apply. See the Combined Financial Services Guide and Product Disclosure Statement for details.

How is my fixed fee calculated?

Your fixed fee is based on your business's PayPal sales history, your loan amount and your chosen repayment percentage. To learn more about how fees work, try our sample fee calculator.

How does the repayment percentage affect the fixed fee?

Choosing a higher repayment percentage lowers your fixed fee. A lower repayment percentage results in a higher fee but more flexibility for your business as you’ll keep a larger percentage of your PayPal sales.

☃Category03☃

Repayment

How do I repay my loan?

Repayments are automatically deducted from each PayPal sale you make until your loan amount and fixed fee are paid in full. You can also make additional repayments or even repay the loan in full without penalty.

What is the repayment percentage?

The repayment percentage is the share of each PayPal sale that automatically goes toward repaying your loan. You can choose a repayment percentage that’s right for your business when you apply for PayPal Working Capital.

How does the loan amount affect my repayment percentage options?

Your repayment percentage options may change based on the loan amount you choose. At higher loan amounts, some of the lower repayment options could become unavailable.

Is the repayment percentage calculated before or after PayPal transaction fees are deducted?

The amount that you repay from each PayPal sale is calculated after PayPal transaction fees are deducted. Your PayPal transaction fees won’t change as a result of receiving PayPal Working Capital, and are not included in the repayment percentage calculation.

Can I change my repayment percentage after I receive the loan?

No. The repayment percentage you choose when you apply for your loan stays in effect until your balance is paid in full, so choose it carefully.

What if some of my sales don’t go through PayPal?

Your PayPal Working Capital loan is based on your current PayPal sales history. You repay your loan and fixed fee with a percentage of your PayPal sales. The more you sell through PayPal, the sooner you’ll repay your loan and the more funding you may qualify for in the future.

Sales outside of PayPal do not impact your loan offer and are not affected by repayment. However, to receive a PayPal Working Capital loan you must agree to keep processing payments through PayPal. You cannot deliberately direct customers to use another payment method.

We monitor accounts for unexpected drops in PayPal sales volume, and your loan may become immediately due in full if we observe repayment avoidance.**

For full details, see the Loan Agreement.

What is the minimum repayment requirement?

Because your automatic repayments get deducted as a percentage of each PayPal sale, the amount you repay each day changes with your sales volume. The more you sell, the more repayment progress you’ll make that day. On days without sales, you’ll make no payments, but there is a minimum repayment requirement every 90 days.

Depending on the loan terms you choose, you must pay at least 5% or 10% of your total loan amount (loan + the fixed fee) every 90 days.

The 5% minimum applies to loans we estimate will take 12 months or more to be repaid, based on your past sales and other factors. The 10% minimum applies to loans estimated to be repaid within 12 months.

Here are some examples:

  • If you borrow $10,000 ($9,800 loan + $200 fixed fee) and we estimate you’ll repay it in 13 months based on your previous years’ sales, then your minimum repayment will be 5% or $500 every 90 days.
  • If you borrow $30,000 ($29,500 loan + $500 fixed fee) and we estimate you’ll repay it in 8 months based on your previous years’ sales, then your minimum repayment will be 10% or $3,000 every 90 days.

If you do get behind, you can make additional payments on the PayPal Working Capital website.

If you don’t meet the minimum repayment amount, your entire loan balance could become due immediately.

Please see Section 12 of the Loan Agreement to learn more about default.

What happens if I make sales in more than one currency – how does PayPal take my repayments?

Your loan repayments are made in Australian dollars (AUD). We’ll first attempt to deduct each repayment from your AUD balance. If you don’t have enough funds in that balance to cover the repayment amount due, we may deduct funds from your other currency balance(s). Standard PayPal currency conversion rates and fees apply, as described in the Combined Financial Services Guide and Product Disclosure Statement.

How is multi currency repayment calculated?

If you make sales in multiple currencies, we’ll determine what each sale would be in Australian dollars (AUD), then apply your repayment percentage to that amount.

How does PayPal determine which transactions in my PayPal account are sales?

PayPal considers all received payments as sales, except:

  • Transfers from your linked accounts.
  • Personal payments.
Does PayPal include tax and shipping when calculating the repayment amount for a sale?

Yes. Where tax and shipping is included in the amount paid by your customer it will also be included in the repayment calculation.

What happens if a sale is cancelled or refunded?

The repayment from each sale is deducted immediately from your PayPal account. If a sale is cancelled or refunded, your repayment amount from that sale won’t be refunded to your PayPal account.

Can I make additional payments toward my loan balance, independent of my sales?

Yes. You are welcome to make additional repayments or even repay the loan in full without penalty. You can make one-off repayments at any time from the PayPal Working Capital Dashboard.

Automatic repayments from your sales will continue, even if you make additional one-off repayments, until your balance is paid in full.

Will I see a penalty or savings if I make additional payments?

No. Your fixed fee is determined at the time of application and won’t change as a result of additional payments or early repayment.

☃Category04☃

Payment logistics and timing

How long does it take to receive loan funds?

If your application is successful, after you agree to the Loan Agreement, funds are automatically transferred to your PayPal account in minutes.

When do automated repayments start?

Automatic repayments begin 72 hours after you receive your loan. For example, if you apply and receive your funds on Monday, repayments will begin with Thursday’s sales.

When do automatic repayments occur?

Automatic repayments are deducted as soon as sales are processed.

Applying for a New Business Loan

Applying for a New Business Loan

Can I get more funds added to my existing PayPal Working Capital loan?

No. To get more funds, you’ll need to apply for a new loan. We issue PayPal Working Capital loans one at a time and don’t currently offer a way to add funds to an existing one. You can apply for a new loan once you’ve paid any existing loan in full.

How do I apply for a new PayPal Working Capital loan?

Once you’ve repaid your existing PayPal Working Capital loan (and waited up to 3 business days for your final payment to process), you can apply for a new loan by completing the application form.

Make sure you update your business and primary authorised user’s information if anything has changed since your last loan.

Will my loan offer and fixed fee be the same when I apply for a new loan?

Not necessarily. We’ll review your PayPal sales history to determine your loan amount. If your loan offer is different than it was for a previous loan, it’s probably due to a change in your PayPal sales.

Your fixed fee is based on your business’s PayPal sales history, the amount you apply for and the repayment percentage you choose. If any of those factors have changed since your last loan, it will have an effect on your fixed fee.

Want to speak with a real person instead?

Give us a call at 1800 286 793 and we'll be happy to answer additional questions you might have.

Monday - Friday | 9:00am - 5:30pm AEST

Ready to get started?

Apply Now