Entrepreneur

Inside PayPal's Microlending Program

Microloans can mean mega profits.
Game on: Jeff Caruso of Crisloid.

As the owner of Crisloid, a maker of high-end backgammon, checkers and cribbage sets, Jeff Caruso knows that if he buys more raw materials in late summer, he can make more money during the holidays. The problem is coming up with the extra cash. That’s why he borrows from PayPal, which began issuing single, fixed-fee loans

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