Has anyone here who is mostly FBM ever been offered an Amazon loan?
Just a quick question, we started in Jan 23 as 100% FBA and around July were offered a $8k Amazon loan that we took. About halfway through that we were offered a $10k loan and took that (paying off the $8k with it of course too) and we have since paid off the $10k loan as well.
In November we had a couple larger FBA shipments get lost for a spell at the warehouses and decided for the rest of quarter four we were going to go FBM and have since decided to pretty much stick with 90% FBM.
With the exception of last August, when we had a two week planned vacation to Orlando, every single month we've been sellers has had more volume than the month prior and all of our metrics are near perfect (ODR is 0.10% and shipping performance is perfect).
We kinda figured with as well as we've done, having paid all loans back with ease, by now we would have been offered another loan at some point but that hasn't happened. The only thing I can think of is maybe the inventory you have in FBA is a major consideration and that is why they haven't asked us again.
I asked Seller Central but they said it's not information they share so I was just wondering if any of you FBM sellers have ever been offered an Amazon loan before?
Thanks for any responses ahead of time :)
Has anyone here who is mostly FBM ever been offered an Amazon loan?
Just a quick question, we started in Jan 23 as 100% FBA and around July were offered a $8k Amazon loan that we took. About halfway through that we were offered a $10k loan and took that (paying off the $8k with it of course too) and we have since paid off the $10k loan as well.
In November we had a couple larger FBA shipments get lost for a spell at the warehouses and decided for the rest of quarter four we were going to go FBM and have since decided to pretty much stick with 90% FBM.
With the exception of last August, when we had a two week planned vacation to Orlando, every single month we've been sellers has had more volume than the month prior and all of our metrics are near perfect (ODR is 0.10% and shipping performance is perfect).
We kinda figured with as well as we've done, having paid all loans back with ease, by now we would have been offered another loan at some point but that hasn't happened. The only thing I can think of is maybe the inventory you have in FBA is a major consideration and that is why they haven't asked us again.
I asked Seller Central but they said it's not information they share so I was just wondering if any of you FBM sellers have ever been offered an Amazon loan before?
Thanks for any responses ahead of time :)
5 respuestas
Seller_8sP6ffckcRn6v
I just paid off a $20K Amazon loan.
They offered me a loan of 3K when the balance was down to about 3K.
They did not increase the offer after everything was paid off.
Charly_Amazon
Hello @Seller_i8T5vppfKx5Hd
Thank you for your participation on this forum and for contacting us.
I understand your concern about the Amazon Loan program and when it is offered.
This is mostly a case by case scenario on which every Seller is reviewed individually and see if a loan is offered and approved.
You can review their policies and more information on these resources:
Amazon Lending term and interest-only loan payments
Third-party financing providers for Amazon Lending
I will be happy to follow up any other questions you may have once you reviewed those articles.
Thank you again,
Charly_Amazon