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Amazon reportedly in talks with Goldman Sacks to offer loans to merchants – Source CNET Internet News


Amazon is reportedly in talks with Goldman Sachs to offer loans to the internet retailer’s merchants.

Declan McCullagh/CNET

Amazon is reportedly in discussions with Goldman Sachs about establishing a partnership in which the investment bank would offer small business loans to merchants on the internet retailer’s platform. The loans would be offered directly to Amazon merchants through the e-commerce giant’s existing loan platform, the Financial Times and CNBC reported Monday, citing an unidentified source described as familiar with the plan.

Amazon didn’t immediately respond to a request for comment but told the Financial Times that lending was “part of the services, tools, programs and infrastructure we provide to our…

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Source CNET Internet News

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