PayPal acquired Swift Financial in 2006 and developed LoanBuilder. It offers term loans to small businesses.

PayPal acquired Swift Financial in 2006 and developed LoanBuilder. It offers term loans to small businesses.

LoanBuilder runs on the “Business wellness credit history.” This determines credit rating on the basis of the applicant’s responses towards the concerns asked via the online “Configurator.” Based on the web site Working Capital, it seems for businesses with a rating of 55 or even more. Continue reading “PayPal acquired Swift Financial in 2006 and developed LoanBuilder. It offers term loans to small businesses.”