PayPal Achieves Remarkable Milestone of $30 Billion in Global Small Business Loans

PayPal Achieves $30 Billion Milestone in Global Small Business Lending

In a remarkable achievement, PayPal Holdings, Inc. has announced that it has crossed the $30 billion mark in global loan originations as of March 26, 2025. Since its inception in 2013, the fintech giant has provided over 1.4 million loans and cash advances to more than 420,000 business accounts worldwide. This impressive feat highlights the vital role PayPal plays in helping small businesses maintain robust cash flow and stimulate growth.

Small businesses are the backbone of the global economy, driving job creation and innovation in local communities. They account for over 43% of the United States' GDP and nearly 40% of private sector payroll. Despite their significance, small businesses continually face challenges in securing adequate capital, with many expressing concern over access to funding as they aim to either sustain operations or expand.

PayPal has responded to this crucial need by offering multiple financing solutions tailored for small businesses. The PayPal Business Loan and PayPal Working Capital allow small business owners to access funds quickly and effectively. Launched in 2013, PayPal Working Capital allows repayment based on a percentage of the business's PayPal sales, creating a flexible repayment option. In contrast, the PayPal Business Loan, introduced in 2017, provides term loans with fixed repayments, available to businesses even if they don’t exclusively use PayPal for transactions.

Michelle Gill, EVP and GM of SMB and Financial Services at PayPal, emphasized the persistent challenges small businesses encounter when seeking capital. She noted that traditional loans often come with complex application processes and stringent credit checks that can deter potential borrowers. PayPal's streamlined online application process eliminates lengthy paperwork, ensuring that approved loans can be funded within minutes. This approach has enabled PayPal to become a preferred choice for many small business owners looking for fast and responsible capital injections.

The positive impact of PayPal's financing solutions is evident from the customer feedback received. With Net Promoter Scores of 76 and 85 for PayPal Working Capital and PayPal Business Loan, respectively, these offerings have garnered praise for their effectiveness. Notably, over 90% of customers utilize PayPal's lending solutions repeatedly, demonstrating their trust in the platform. After adopting PayPal Working Capital, businesses typically report a 36% increase in PayPal payment volume, while those accessing PayPal Business Loans witness an average rise of 16%.

One entrepreneur, D'Shawn Russell, who founded Southern Elegance Candle Co. in Raeford, North Carolina, shared her personal experience with PayPal Working Capital. As a woman of color striving to secure funding, she often faced rejections from traditional banks. However, gaining access to funds through PayPal has been integral to her business growth. Her initial loan came when she was generating $100,000 in sales, and since then, she has successfully leveraged several working capital loans, transforming her business into a multi-million-dollar venture.

PayPal’s initiatives extend beyond mere lending, enabling small businesses to invest in inventory, hire staff, manage payroll, and scale operations effectively. As the company anticipates future growth and success for small businesses, its efforts continue to fill an essential gap in the market.

Founded over 25 years ago, PayPal has transformed the global commerce landscape by creating simple, personalized, and secure experiences for consumers and businesses alike. Operating in approximately 200 markets, the company remains committed to empowering small businesses to thrive in an ever-evolving economy. For more information about their services and offerings, visit PayPal's official website.

As PayPal leads the charge in global small business lending, its commitment to fostering entrepreneurship and supporting the local economy remains steadfast. The company's ability to address the financial needs of small businesses is not only pivotal for individual entrepreneurs but also significantly contributes to the overall economic landscape.