Slope, the AI lending startup backed by Sam Altman and JPMorgan Chase, just went live with Amazon sellers today. The partnership gives Amazon's independent vendors direct access to reusable credit lines through their seller dashboard with real-time approval powered by proprietary AI and Amazon's sales data. It's a move addressing a critical gap in SMB financing and showing how AI-driven credit decisions are infiltrating e-commerce at scale.
Slope is making its boldest move yet. The AI lending startup just went live with Amazon sellers today, giving independent vendors direct access to capital through their seller dashboard instead of having to hunt down financing elsewhere. It's the kind of seamless integration that fintech startups dream about, and it signals something bigger: AI-driven credit decisions are moving from the margins into the mainstream of small business lending.
The partnership with Amazon backed by JPMorgan Chase was built on a simple insight. "Most people don't realize that sellers, independent sellers, are kind of the backbone of Amazon and e-commerce in general," co-founder Alice Deng told CNBC. "More than 60% of Amazon's sales are driven by independent sellers." That's a massive market with a massive need. When Amazon ran its own lending program four years ago, the addressable market sat between $1 billion and $2 billion. Now, with Slope taking the helm, that number is expected to grow significantly.
Here's what makes this different from existing seller financing options. Eligible sellers can apply in just a few minutes directly in Amazon Seller Central and get approved almost instantly. There's no hunting down a loan officer, no piles of financial documents, no weeks of waiting. Slope uses proprietary Amazon performance data combined with its in-house large language model to make real-time decisions on credit worthiness. CEO Lawrence Lin Murata, who co-founded Slope with Deng after watching his parents struggle with cash flow at their family toy shop in Brazil, explained it this way: "That is one of the reasons why we're able to give a more compelling offer than if you were outside of the Amazon dashboard. And then we give real-time decisions, so we analyze Amazon performance, data, and cash flow in real time."
The mechanics are straightforward. Lines of credit start at 8.99% APR and require vendors to be in business for at least one year with more than $100,000 in annual revenue. Once approved, sellers can draw from the line as needed and choose repayment terms ranging from three months to a year. It's deliberately flexible because understands the seasonality of e-commerce better than traditional banks ever could. "It's a process that's easier, faster and more integrated than having to apply for loans at banks," the co-founders said. "With the granular data that Amazon provides, like a breakdown of sales by product, the AI model is able to make a more informed decision on financing than a bank would based on overall financial documents."