Frequently Asked Questions

Who can apply for funding?

Every business we work with must meet the following minimum qualifications:

  • Professional Amazon selling account
  • 3 months of Amazon sales history
  • $2,500 per month in sales
  • 500 completed orders
  • Business bank account

Where is amzLenders currently available?

We operate in all 50 states within the United States at this time, but international expansion is in our plans.

Do I have to create an account to apply?

We can serve you only if you have an account with us. Once you have an account, you’ll be able to apply for funding, view your applications, see your balance, and track your payment history.

What if my Amazon Seller account gets suspended?

Contact us immediately so that we can assist in the reinstatement process. Our in-house experts and partner network will support you with the stressful process, so you’ll be up and running as soon as possible.

You are still held responsible for making payments even if your Amazon Seller account gets suspended, closed, put on “vacation mode,” or voluntarily terminated.

We made it incredibly simple.
Apply online and your funds can be in your
bank in 2 to 5 business days.

How does repayment work?

Each time Amazon transfers funds from your Seller account, we automatically collect 10-15% of your gross Amazon revenue. This helps keep your payments on track, but ensuring you still have plenty left to pay other bills.

How much does it cost?

While the amount and rate of each offer depends on a variety of risk factors, generally cost is 20-25% of how much you borrow. While this is certainly higher than bank loans, our one flat fee is far lower than the industry average of 30-40% of the funding amount.

Unlike loans which have an interest rate, we charge one flat fee which will never increase – even if it takes you longer to pay off. This helps prevent you from being trapped in a mountain of debt if your sales decline.

Are there restrictions on how I use the funds?

You must use the funds for business purposes – but unlike other lenders, particularly those who provide inventory-based financing, you have the flexibility to choose how you use it.

For example, you can use it to purchase inventory, develop and launch new products, hire staff, or increase your ad budget, etc.

If I have a loan from Amazon, can I still get approved?

Yes. We designed it so that if you receive a loan from Amazon you can still get approved, but the Amazon loan may affect how much money you can borrow.

Can I afford your financing?

We always offer an amount your business can afford to repay in a reasonable amount of time. Unlike other lenders, part of our business evaluation is designed to ensure you’ll never be offered an amount you can’t pay off.

How much can I borrow?

Funding amounts can range from $1,000 to $50,000+. The exact amount is determined by a careful analysis of your business, which includes a review of your sales history, customer support metrics, and other relevant data points.

Can I extend the term on my funding?

There is no fixed term on our financing – how long it takes to repay depends on the performance of your business.

Since the amount you pay is a percentage of your gross Amazon revenue , you’ll pay your balance off faster if things are going well. But if sales decline, the percentage stays the same but it ends up being a smaller amount – allowing you more time to pay it off. And it never costs you a dime extra!

Will my credit score be affected if I apply for a financing or use your services?

We do not view your credit score during the application process and you don’t even need a credit score to apply. However, if you fail to repay your cash advance, then your credit score may be impacted.

When can I refinance or get approved for a larger amount?

We do it automatically! As soon as you’re eligible for a better deal, we’ll notify you and you can have funds in your account in just a few clicks.

Can I get a loan from another provider if I have an outstanding financing from you?

You can get a loan from another provider, even if you have an outstanding cash advance from us. However, other lenders may be more hesitant to approve you if they see that you have an outstanding balance.

What if I can get a better rate elsewhere?

We fully encourage you to do whatever you feel is best for your business. If you can get a better deal elsewhere, by all means, do it!

Unfortunately, most Amazon business owners have few, if any, options for financing. While we aren’t necessarily the lowest cost option (banks will be cheaper), our rates are often over 25% cheaper than similar short-term business lenders. Also, keep in mind that we also offer more than just affordable financing and our financing program’s unique structure is the best around for Amazon sellers.

We made it incredibly simple.
Apply online and your funds can be in your
bank in 2 to 5 business days.


Are there pre-payment fees?

Never! We have one flat fee that is added to your balance when you are funded. If you pay it off in one day or one year, we don’t charge a penny more.

Can I get a lower rate?

We work hard to making sure you are charged a competitive rate. The exact rate primarily depends on our risk assessment during the approval process – so lower risk clients are charged less than those in a higher risk category.

Riskiness is determined by a variety of factors, which can include sales history, inventory levels, seller performance metrics, and others statistics.

What is a factor rate?

A factor rate is a multiplier which is used to calculate the total amount you will pay back, including fees. For example, if the factor rate is 1.25 on $10,000 borrowed, you’d pay back 1.25 x $10,000 = 12,500.

What is the remittance rate?

The remittance rate or Specified Percentage is used to calculate the amount of your payments. Each time Amazon deposits money to your bank account, this percentage is applied to the Gross Amazon Revenue to calculate how much you will pay towards your balance.

For example: if the Specified Percentage is 15% and your Gross Amazon Revenue is $1,000, you would pay $150 towards your balance.

How is interest calculated on my cash advance?

We don’t use interest rates – we charge one flat fee, shown to you before you accept the offer. This gives you the advantage of knowing precisely how much you’ll pay back, making it simple and easy to understand!

How do your rates compare to other lenders?

While each offer is different, our rates are generally 25-35% less than other short-term business lenders. Industry-wide “all-in cost” is usually between 30-45% of the amount borrowed, while our rates are generally 20-30%.

Unlike our competitors, however, we never charge application fees, technology fees, servicing fees, pre-payment penalties, or adding on hidden costs that drive up the total cost higher than you expect. Because we have one flat fee, it’s easy to know up-front exactly how much you’ll pay back – so you’ll never feel like you’re being swindled out of your hard-earned money.

We made it incredibly simple.
Apply online and your funds can be in your
bank in 2 to 5 business days.

Can my business partner and I get a better rate by applying together?

Our rule is that there can be only one amzLenders account and one active financing per business. If your partner sends us an additional application for your joint business, we would have to reject the application. We can, however, pre-approve you for a lower rate as soon as you are eligible.

How much does it cost to apply?

Its free! You’ll never be charged a dime until you’re happy with the offer we provide. Our application is quick, easy, painless – and best of all, costs you nothing!

Who is eligible for financing?

Anyone with a healthy Amazon account, consistent sales, and a business bank account is eligible.

You qualify if you have:

  • Professional Amazon selling account
  • 3 months of Amazon sales history
  • $2,500 per month in sales
  • 500 completed orders
  • Business bank account

I have a low credit score. Can I still get approved?

Your personal credit problems do not affect our decision at all. We focus on the financial health of the business, not its owner. We don’t look at your personal credit score, bank statements, tax returns or the value of your assets.

What if I have multiple seller accounts?

Currently, we only support one seller account per amzLenders account. If you have multiple seller accounts, we suggest you choose the one with the longest sales history and highest average revenue.

In the near future, we will add support for multiple seller accounts.

Can I apply with a Amazon Vendor Central or Vendor Express account?

While we are exploring financing options for Amazon Vendor Central and Vendor Express accounts, it is not available at this time.

How much can I apply for?

Once you’re approved, we’ll provide you with several options with varying amounts. From these choices, you’ll be able to pick the amount you need.

How does the application process work?

Our online application is quick, hassle-free, and doesn’t even require a credit score. All you have to do is tell us the basics about your business, link your Amazon account and securely verify your bank details.

What are the funding amounts and terms?

The amount and rate we offer is individually customized and depends entirely on the transaction volume, sales history, and health of your business. We want to make you the best offer possible, while ensuring you are able to pay it off in a reasonable amount of time.

If I apply now, when can I have the funds in my bank account?

Assuming there are no delays, you could have funds in little as 48 hours. On average, you can expect the process to take 3-7 business days.

Should I apply if I don’t meet the criteria?

Yes! There’s actually an advantage to applying if you don’t meet our minimums. We will periodically review your account, so as soon as your account does meet our criteria, you’ll be notified – no need to constantly re-apply or wonder when you’re eligible.

What do you look at when approving a funding application?

We examine dozens of factors during the approval process including (but not limited to) transaction volume, sales growth, account age, seller feedback, inventory, and products listings.

Do I have to connect my bank account? Is it secure?

Yes, it is a requirement for a few reasons: it verifies that you own the account to prevent fraud, it prevents data entry errors, and we can ensure the linked account is the one receiving Amazon proceeds. This reduces our risk, and keeps our rates as low as possible.

We NEVER have access to your username, password, or security questions, nor do we store this information anywhere.

Do you check my credit?

Nope! We think credit scores are irrelevant to how well your business performs – you don’t even need a credit score to apply.

Do you require collateral?

No. We do not require collateral, inventory, hard assets, equipment, or real estate.

Is a personal guarantee required?

Yes. This is industry standard – virtually all short term business lenders require a personal guarantee.

Can a business have more than one active financing at a time?

No. However, if you need additional funds, we will automatically let you know when you are eligible to refinance for a higher amount or lower rate.

I’m not sure how much I need. Can I ask for more later on during the application process?

When you apply, we’ll determine your credit limit and let you can choose from several options. If you would like to borrow more money (up to that limit) please contact us.

If the maximum amount is still not enough, we’ll let you know as soon as you’re eligible for a higher amount or lower rate.

Where can I have my funds deposited?

Funds will be transferred to the business bank account that receives deposits from your Amazon Seller account.

What if I don’t get approved?

If you’re not qualified when you apply, you can have an account with us without access to a funding. We’ll tell you why you weren’t approved and provide you with the guidance and resources to help you become eligible for our financing.

We made it incredibly simple.
Apply online and your funds can be in your
bank in 2 to 5 business days.

When is my payment due?

Your payment is due at the end of each Amazon settlement period, which is generally every 14 days for professional sellers. Your past settlements can be seen in Seller Central here: Amazon Seller Central

We know it takes a few days for each deposit from Amazon to arrive in your account – so we only withdraw the payment when it is available to you.

When do automated repayments start?

Repayments are due each time Amazon deposits funds in your account, starting the day after you are funded.

Can I change the repayment percentage?

No, the percentage is set at the time the offer is made. This ensures you can stay on track to pay down your balance. However, you can make additional payments towards your balance with no penalty or added fees.

How do you calculate my payment?

The amount of each payment depends on your gross Amazon revenue. We collect 10-15% of each deposit.

For example, if your gross Amazon revenue is $5,000 in a given period, you will pay 15% of $5,000, or $750, towards your balance.

Can I pay off my balance early?

Yes. You’ll always be able to pay off any portion of your balance without penalty.

Do you charge a prepayment penalty or fees?

No. We never charge prepayment penalties or other fees when paying down your balance early.

How do I pay?

Each time Amazon deposits funds to your bank account, we automatically deduct the payment that is due via ACH. You don’t have to worry about getting a check to us on time, and we won’t drain your account since we only take a small portion of the gross Amazon revenue.

What happens if I can’t pay?

While we truly hope it won’t happen, sometimes bad things happen to good people. If something happens, we have an internal team of veteran Amazon sellers to help you navigate through tough times and get your business back on track to make regularly scheduled payments.

That being said, you are still legally obligated to pay off your balance – but we really would rather not spend our days in a courtroom!

We made it incredibly simple.
Apply online and your funds can be in your
bank in 2 to 5 business days.

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