A lender popular among small businesses is struggling financially, sending shock waves through the industries it serves by courting direct-to-consumer brands and offering low rates, now undergoing layoffs and credit line restrictions.
Ampla's issues reflect a broader trend among direct-to-consumer businesses facing financial challenges and a shift in investor sentiment towards caution, impacting small and untested businesses in securing financing.
#struggling-lender #direct-to-consumer-businesses #financial-issues #venture-capital #small-businesses
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