1. How does a PayPal Business Loan work?
You must complete a 5-10 minute online questionnaire to determine your business’s eligibility Once the questionnaire is complete, estimated loan terms can be customized by adjusting the loan amount and duration to compare the costs of financing.
Once you select your desired terms, you will, if approved, be prompted to download, print, complete, and return your signed contract. Your bank information will be confirmed so that payments can be debited weekly from your business's bank account.
2. If approved, how can I get the funds?
3. Will exploring a PayPal Business Loan impact my credit score?
4. How do I repay the PayPal Business Loan?
5. Can I pay off a PayPal Business Loan early?
7. Are there any industries in Canada that are ineligible for the PayPal Business Loan?
8. Do I need a PayPal Business account to get a PayPal Business Loan?
9. Does a PayPal Business Loan require a personal guaranty?
10. What documentation is required to complete the application process?