Frequently Asked Questions:
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 and credit cards. It’s a business loan of a fixed amount, with a single fixed fee that allows you to automatically repay it with a share of your daily sales. It's available to select businesses that already process payments through PayPal. If your business qualifies, the lender reviews your PayPal cash flow history to customize a special offer.
How do I apply?
Once your business has been with PayPal for at least 3 months and has processed between $20,000 and $10 million with PayPal within 12 months,* you will be eligible to apply for the PayPal Working Capital business loan at paypal.com/workingcapital.
*PayPal sales include processing on PayPal Pro Payments, PayPal Standard, PayPal Express Checkout, and PayPal Here.
How does it work?
The process is easy:
- Once your business has been with PayPal for at least 3 months and has processed between $20,000 and $10 million with PayPal within 12 months, visit paypal.com/workingcapital and log in to apply.
- If approved, select your loan amount.
- Choose the percentage of your future PayPal sales that you want to go toward repayment of the loan amount and the loan fee.
- Get the loan amount deposited to your PayPal account within minutes to use for your business.
- Start making automatic repayments as a percentage of your daily sales until your balance is paid in full. You can also make additional payments or even pay the loan in full early without penalty. At least 10% of the total of the original loan amount + loan fee is due every 90 days, up to 540 days, or until the loan is paid in full, whichever first occurs. See Terms and Conditions for details.
What fees do I have to pay?
Unlike traditional loans, PayPal Working Capital charges a single, fixed fee that you'll know before you sign up. No periodic interest, no hidden fees, and no late fees. The fee is based on your business's PayPal sales history, the loan amount, and the daily repayment deduction percentage you select. Here is an example: