Bloomberg – 11/17/14: When Jeff Caruso needed money in August to make more custom backgammon sets for the holiday shopping season, he skipped the bank. Instead, he got a $12,000 loan from EBay Inc. (EBAY)’s PayPal. Caruso, whose company was already using PayPal to process payments, jumped at the 5 percent flat fee and flexible terms that let him repay the loan using a portion of sales rather than adhering to a rigid timetable.
Click here to read more: http://www.bloomberg.com/news/2014-11-17/merchants-get-paypal-square-loans-to-ready-for-holidays.html

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