How Might FundsNow Affect PayPal’s Loans Business?
PayPal’s (PYPL) FundsNow program allows businesses to access their sales funds instantly instead of waiting for days or weeks, as has been typical over the years. Instant access to funds could allow borrowers to settle their PayPal loans faster. PayPal could end up facilitating more loans in a year than it did before it launched the FundsNow program.