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  • PayPal adds loans to its e-commerce lineup

    / Technology

    PayPal adds loans to its e-commerce lineup

    Merchants can get funds via the program for small and mid-sized businesses.

    Posted 10/17/2013Allison EnrightPost a comment

    Merchants can get funds via the program for small and mid-sized businesses.
  • / E-Retailers

    Ashford.com Closes $25 Million Credit Line

    Ashford.com announced the closing of a three-year, $25 million revolving credit facility from Congress Financial Corporation, a unit of First Union National Bank. This debt financing increases the company's working capital without dilution to its shareholders, and is secured in part by Ashford.com's inventory of luxury goods. "We believe we are the first Internet retailer to secure senior credit financing based on a business model of selling...

    Posted 01/19/2001Don DavisPost a comment

    Ashford.com announced the closing of a three-year, $25 million revolving credit facility from Congress Financial Corporation, a unit of First Union National Bank. This debt financing increases the company's working capital without dilution to its shareholders, and is secured in part by Ashford…

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