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Amazon and Lendistry Launch Amazon Community Lending Pilot Program to Fuel Growth for Small and Medium-sized Businesses

Amazon and Lendistry Launch Amazon Community Lending Pilot Program to Fuel Growth for Small and Medium-sized Businesses

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SEATTLE–(BUSINESS WIRE)–Today Amazon (NASDAQ: AMZN) and Lendistry announced a joint pilot program, Amazon Community Lending, aimed at driving growth opportunities for small and medium-sized businesses (SMBs) selling in Amazon’s store. The program is a new business financing option through Amazon Lending. Amazon Community Lending will provide U.S.-based Amazon sellers—nearly all of which are SMBs—access to short-term loans of up to $100,000 at competitive and affordable rates to sustain and gr

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