Amazon is temporarily pausing loan repayments for its sellers to help them stay afloat during the coronavirus lockdown, Reuters reported.
The online retail giant announced today that sellers who had taken a loan via Amazon Lending, which offers loans of between $1000 and $750,000 to businesses looking to expand their Amazon stores, would not need to repay anything until April 30.
Amazon sellers will also not accrue any interest on their loans from today until the end of April.
