Amazon offers credit for businesses
Amazon is now venturing into the world of financing. The e-commerce giant is collaborating with Goldman Sachs’ Marcus, a fixed-rate, no-fee personal loan provider, to help small independent companies that are also sellers on Amazon. This is a calculated move by both companies during this time of economic downturn. Previously, Amazon tried to enter the finance business to provide student loans by partnering with Wells Fargo, but the move ended abruptly....
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