Introducing the new PayPal Business Loan.
A fixed-term loan based on a full picture of your business that you automatically repay with a predictable weekly payment.
Don’t have a PayPal Business account? Sign up for free today.
See how the PayPal Business Loan makes financing straightforward and simple.
Access to cash.
Check eligibility in minutes online or over the phone. Due to high demand, application processing may be delayed.
Clear, competitive pricing.
Pay one, competitively-priced, fixed fee that you know in advance. No late fees, no early repayment fees, and no processing fees. *
Choose the loan amount and term that fit your business needs.
Predictable weekly payments will be made automatically from your bank account so there are no monthly bills to remember.
*In addition to the Total Loan Fee, the only other cost is a $20 Returned Item Fee that is only assessed if a payment is returned.
Is my business eligible for the PayPal Business Loan?
Here are some of the minimum criteria for the PayPal Business Loan.
PayPal Business account.
A PayPal Business account is required to fund your loan (processing payments with PayPal is optional). Don’t have one? Sign up for free.
Time in business.
Your business must have at least 9 months in business.
$42,000 or more in annual total revenue.
Over 550 different industries served. See FAQ.
Applying is simple and easy.
Check your business’s eligibility in minutes. Fill out the short and sweet online questionnaire.
Customize your loan. Choose your loan amount and term within your business’s estimated eligibility range.
Underwriting review. If any other documents are needed, we’ll reach out to you. You can monitor your progress in our portal.
Get your funds. If approved, sign your loan agreement and your loan will be securely transferred from the lender into your PayPal Business account.
“With the PayPal Business Loan, it was easy to forecast cash flow knowing exactly what our payment would be.”
The Giving Keys, PayPal Business Loan Customer.
Results may not be typical and may vary substantially across businesses.
Frequently Asked Questions.
1. How does a PayPal Business Loan work?
You must complete a 5-10 minute online questionnaire to determine your business’s eligibility or by calling a Business Funding Expert at 1-800-941-5614 . Once the questionnaire is complete, estimated loan terms can be customized by adjusting the loan amount and duration to compare the costs of financing.
Once you select your desired terms and completed the application, if approved, you will be prompted to electronically sign a contract that will be emailed to you and includes bank instructions so that payments can be debited weekly from your business checking account.
2. If approved, how can I get the funds?
3. Is my business eligible for the PayPal Business Loan?
4. Will exploring a PayPal Business Loan impact my credit score?
Speak with our Business Funding Experts.
Our U.S.-based team is available between 9 a.m. and 8 p.m. ET Monday – Friday and between 11 a.m. to 3 p.m. on Saturday.
It takes just minutes to check eligibility for the PayPal Business Loan.
Checking eligibility will not affect your credit score.*
*Completing the questionnaire will assess your business’s eligibility, allow you to review estimated offers if eligible, and will not impact your credit score. Should you decide to complete the loan application process, credit checks and other public records checks will be performed which may impact your credit score.
Access to financing for your business is just the beginning.
Open a PayPal Business account and join over 18 million businesses that fuel their business with PayPal.
Get paid wherever you do business.
Accept payments online, in store, or on the go. Plus, you can connect your business to over 200 million account holders who trust the PayPal way to pay.
Get paid faster with invoicing.
Send customized invoices that your customers can pay quickly online with a credit or debit card, PayPal, or PayPal Credit * . Whichever payment method they choose, you receive your money usually in minutes.
Help drive higher sales with customer financing.
Offer PayPal Credit * with no risk or cost to you. Your customers can use this revolving credit line to get No Interest if paid in full in 6 months on purchases of $99 or more.
Get paid in person or in your store.
With the PayPal Here app and your choice of card readers, you can accept chip cards, magstripe cards, and contactless payments like Apple Pay – on the go or in your store.