PayPal Working Capital plans for eBay sellers

By Chris Dawson August 18, 2020 - 11:11 am

Doug Bland, Senior Vice President of Global Credit at PayPal has written an open letter to eBay sellers setting out their PayPal Working Capital plans to support your business now and in the future.

COVID-19 related support

PayPal are still offering support to those businesses facing hardship due to the pandemic and this comes on top of their offer to pause repayments when the pandemic first hit.

“During the height of the pandemic, we offered you the option to pause your automatic sales-based repayments for your PayPal Working Capital advance to help you sustain your business. And while you always had 90 days to make your minimum repayments, we knew that it was necessary to offer additional time to those merchants that needed it – and we are proud to have done so. If your business is still facing significant hardship and you need more flexibility in repaying your advance, we want to help. Please contact us 0800 368 7176 (Monday to Friday 8am to 6.30pm).”
– Doug Bland, Senior Vice President, Global Credit, PayPal

PayPal Working Capital plans for repayment with eBay payments

The open letter acknowledges that once sellers are migrated to eBay payments then assessing future cash advances based on eBay sales won’t be possible in the same way that it is today. Also you’ll need to make alternative plans to repay any outstanding finance.

“Once eBay moves you to managed payments, PayPal will no longer have access to your business’s eBay sales for purposes of automatic repayments on your PayPal Working Capital advance or visibility into those sales to assess your business’s future eligibility…

…Please remember that you have the option to make repayments from your PayPal balance or from any verified bank account in your PayPal wallet by logging into your PayPal Working Capital dashboard. From there, you can schedule one or more payments by clicking “Make a Payment” and following the instructions provided.”
– Doug Bland, Senior Vice President, Global Credit, PayPal

Future PayPal Working Capital plans

We know 100s of businesses that have used PayPal Working Capital over the years and many have told us that PayPal has been the easiest and most flexible way to both inject cash into their business and to repay it out of future sales. In his open letter, Doug Bland assures eBay sellers that they are developing a new version of their small business finance product and will be sharing details in the coming months.

“When PayPal launched PayPal Working Capital in the UK in 2014, business owners welcomed it as a revolutionary financing solution, unlike anything available at that time. Six years on, we continue to provide access to business financing that our customers appreciate for its fair, transparent pricing, simplicity, and speed of access. Currently, we’re developing the next generation of PayPal Working Capital – a set of new, innovative features that will serve your needs as your business continues to evolve. These new features will address the rapidly evolving commerce ecosystem and provide support for merchants who choose to sell goods across a variety of platforms and marketplaces. We are excited about what the future holds for PayPal Working Capital and will share more details as we roll out new features in the coming months.”
– Doug Bland, Senior Vice President, Global Credit, PayPal

You can read the full letter from Doug Bland on the PayPal website.

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Featured in this article from the Tamebay Guide – companies that can help you grow and manage your business.


PayPal Working Capital is a merchant cash advance linked directly to your PayPal account.

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