Amazon.com (AMZN) Aims to Expand Smal Business Lending Program

Amazon.com (Nasdaq: AMZN) is looking to bolster sales in certain markets, including China, by moving to finance certain sellers.

According to market reports, Amazon will launch a business loan program for small sellers (Amazon Lending) in China, France, Germany, Italy, Spain, the U.K., Canada, and India later in 2015. The program has only been available to sellers in the U.S. and Japan since its launch in 2012.

The service will be invite-only and isn't open to all sellers.

Both Alibaba (NYSE: BABA) and PayPal (Nasdaq: PYPL) offer similar loan programs.

Shares of Amazon are indicated lower Monday morning.

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