Particulars |
Stripe Capital |
PayPal Working Capital |
PayPal Business Loan |
Eligibility |
One year Stripe relationship; processing volume of US$ 10,000 per annum |
Businesses regularly accepting payments through PayPal accounts |
Maintaining a business account but not active in accepting payments |
Loan quantum |
Based on assessment |
US$ 1,000 – US$ 125,000 |
US$ 5,000 – US$ 500,000 |
Approval process |
Loan application |
Request |
Creditworthiness |
Processing time |
1-2 business days |
Within minutes |
1 working day |
Repayment |
Percentage of sales via automated repayment mode |
Percentage of PayPal balance plus a fixed fee |
Periodic debits from linked bank account repayable in a specified term |