, Amazon reportedly in talks with Goldman Sacks to offer loans to merchants – Source CNET Internet News, iBSC Technologies - learning management services, LMS, Wordpress, CMS, Moodle, IT, Email, Web Hosting, Cloud Server,Cloud Computing
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Amazon reportedly in talks with Goldman Sacks to offer loans to merchants – Source CNET Internet News

, Amazon reportedly in talks with Goldman Sacks to offer loans to merchants – Source CNET Internet News, iBSC Technologies - learning management services, LMS, Wordpress, CMS, Moodle, IT, Email, Web Hosting, Cloud Server,Cloud Computing

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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