This story is 10 months old, but I haven't heard about before.
With all the buying from China I was wondering if anyone had tried to get this alibaba loan.
Alibaba is trying a new way to convince US businesses to buy more from Chinese manufacturers. China’s giant online marketplace is partnering with Lending Club, a San Francisco-based company that matches up borrowers and lenders, to enable small businesses to apply for a credit line of up to $300,000 “in under five minutes” to make a payment to a vendor using Alibaba’s e-commerce platform. The credit lines are only good “when purchasing goods from China-based suppliers on Alibaba.com,” the company said in a statement.
