ebay Seller Capital Tool

[m_pthisandthat]

Not sure if this is the right forum for this question yet here goes. Has anybody used the ebay seller capital tool shown on your seller Hub page? If so what were your results?

[tools*]

"For example, a $10,000 loan serviced by LendingPoint over a period of 48 months that has an APR of 12.99% may have a payment of $268.23 per month (actual terms and interest rates depend on credit history, income, and other factors). The total amount due under the loan terms provided is $12,875.04. The total amount due is the total amount of the loan you will have paid after you have made all payments as scheduled."

[jayjaspersgarage]

I run my life on a cash basis.  I would never borrow money at 13% interest.  It might be risky to try and borrow your way into inventory on a platform that could throttle your ability to sell for minor infractions.  

Of course there are going to be examples of sellers who sell in high demand categories that can carry the cost of a loan if they spend the money on the right inventory.  Perhaps cosmetics?  I don't know.  Vanity is a big seller in this world.

[bostonsgarden]

they're repayment plan is very aggressive and being collected every 2 weeks, be sure to be able to resell whatever your borrowing the money for quickly