Alibaba Teams With Lending Club For Business Loans

By | February 3, 2015

Scalper1 News

Alibaba Group (BABA) has launched a multiyear partnership with Lending Club, which will provide loans to help U.S. business buy goods on Alibaba’s e-commerce site. Under the partnership, U.S. businesses can obtain a line of credit from $5,000 to $300,000 from Lending Club (LC) for purchases on Alibaba.com. The program is called “Alibaba.com e-Credit Line powered by Lending Club.” “We want to make financing as efficient as possible for the millions Scalper1 News

Scalper1 News