eBay Seller Capital and Liberis Partner to Accelerate Small Business Growth

eBay Inc. (NASDAQ: EBAY), a global commerce leader that connects millions of sellers and buyers, today announced the launch of Business Cash Advance, a new eBay Seller Capital revenue-based financing product provided by Liberis, a leading global embedded finance platform. Aimed at supporting eBay sellers at every business stage, Business Cash Advance offers eligible U.S. eBay sellers up to $1 million in working capital in as little as 24 hours. The product delivers:

• A seamless application experience: 100% online and personalized application experience that takes as little as three minutes.
• Extensive financing options: Pre-approved funding offers ranging from $500 up to $1M removing the fear of rejection.
• Fast access to capital: Upon approval, funds are typically transferred in as little as 12-24 hours.*
• Flexible payments: Flexible payment schedules that scale with the seller’s sales cycle. There is no minimum payment and no early payment penalty.
• Transparent reporting: Sellers can easily track payment progress, reconcile payments and sales proceeds, and view all reporting in one place on the eBay Seller Hub.

“As a pioneer in ecommerce and the home to small businesses in more than 190 markets, eBay understands the challenges small businesses encounter in securing fast, flexible and transparent financing,” said Avritti Khandurie Mittal, VP & General Manager of Global Payments and Financial Services at eBay. “eBay Seller Capital is aimed at fueling our sellers’ growth by providing them with tailored financing solutions that meet the unique needs of their businesses. The addition of Business Cash Advance to our suite of offerings in partnership with Liberis enables us to expand capital availability for our sellers on flexible terms – when they need it the most.”

“We understand the unique challenges eBay sellers face when securing financing through traditional means,” adds Rob Straathof, CEO of Liberis. “Through eBay Seller Capital, Liberis will empower sellers with access to fast and responsible financing. We’re thrilled to partner with eBay to support eBay sellers to operate and grow their businesses.”

^{As of June 2024, 65% of successful applications received by Liberis were funded within one working day
[1]} U.S. Small Business Administration. (2023, April 12). U.S. Small Business Administration Implements Rules to Address Persistent Capital Access Gaps [Press release]. Retrieved from https://www.sba.gov/article/2023/04/12/us-small-business-administration-implements-rules-address-persistent-capital