Walmart.com is increasingly becoming customers’ primary shopping destination, and our expanded Marketplace assortment is a big reason why. Last quarter, our Marketplace delivered triple-digit growth, and today we’re announcing a new partnership to help our Marketplace sellers grow their businesses.
Starting today, eligible Marketplace sellers will be invited to apply for lines of credit offered by Marcus by Goldman Sachs. Access to affordable capital is more important than ever as businesses large and small work to adapt and evolve to serve customers and grow their businesses.
Initially, approved sellers will have access to lines of credit from Marcus between $10,000 – $75,000, and plans are to substantially increase the maximum line amount available in the future. The rates are competitive, with the most creditworthy businesses qualifying for the lowest rates.Walmart