Slope, a lending startup, partners with Amazon and JPMorgan Chase to offer a line of credit to U.S. Amazon sellers. Co-founded by Lawrence Lin Murata, Slope uses AI to provide real-time approvals and credit starting at 8.99% APR, targeting mature sellers with bank-grade financing needs, growing the market.
Amazon spokesperson supports Slope’s new partnership, saying access to capital is critical for small business owners. Slope’s integration allows Amazon sellers to apply for and get approved for capital instantly through Amazon Seller Central, leveraging Amazon performance data and AI models for informed financing decisions.
Slope’s co-founders aim to be the credit intelligence layer for businesses, offering fair, affordable, and easy access to financing. The new Amazon deal has seen significant demand, with applications growing 300% week over week. Slope’s customers include Samsung, Alibaba, Ikea, and more, showcasing its rapid growth and industry impact.
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