{"id":1020,"date":"2020-05-24T12:03:00","date_gmt":"2020-05-24T12:03:00","guid":{"rendered":"https:\/\/meetanshi.com\/blog\/2020\/05\/24\/magento-2-migration-loan-by-paypal-loanbuilder\/"},"modified":"2025-04-17T13:30:58","modified_gmt":"2025-04-17T08:00:58","slug":"magento-2-migration-loan-by-paypal-loanbuilder","status":"publish","type":"post","link":"https:\/\/meetanshi.com\/blog\/magento-2-migration-loan-by-paypal-loanbuilder\/","title":{"rendered":"Must Read for Merchants &#8211; Magento 2 Migration Loan by PayPal&#8217;s LoanBuilder"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Still on Magento 1?<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">There\u2019s pretty much less time for you now to migrate to Magento 2 before the Magento 1 End of Life, i.e., by June 2020.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Now you don\u2019t want your store to be vulnerable to security issues or be left behind in terms of functionalities as compared to your competitors.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Do you?<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">But, is the hurdles of budget, managing data security, and a lot more keeping you from the\u00a0<a href=\"https:\/\/meetanshi.com\/magento-2-migration-service.html\" target=\"_blank\" rel=\"noreferrer noopener\">Magento 2 migration<\/a>?<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">And here\u2019s a little something that can help you \u2013\u00a0Magento 2 Migration Loan!<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">LoanBuilder is a service by PayPal and it lends a helping hand to Magento 1 merchants, who are refraining from migration to the&nbsp;latest <a href=\"https:\/\/meetanshi.com\/blog\/magento-2-4-8\/\">Magento 2.4.8 version<\/a>&nbsp;due to financial crisis.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">What is Magento 2 Migration Loan<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.loanbuilder.com\/magento-migration\" target=\"_blank\" rel=\"noopener\">Loanbuilder offers a loan<\/a> to accelerate your Magento 2 migration process. Also, upon migrating, you are eligible to receive a full credit from PayPal on the cost of financing.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Key Features:<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Tailored terms as per your budget<\/li>\n\n\n\n<li>Access to cash after an eligibility test that can be taken over a phone or online in a few minutes<\/li>\n\n\n\n<li>No hidden charges<\/li>\n\n\n\n<li>100% loan fee credit<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Am I eligible for Magento 2 Migration loan:<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Are you a business located in US states or DC?<\/li>\n\n\n\n<li>Are you in business for at least 9 months?<\/li>\n\n\n\n<li>Is your annual revenue more than $42,000<\/li>\n\n\n\n<li>Are you serving 500+ industries?<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">If the answers to the above questions are YES, you fulfil the minimum eligibility criteria to leverage the Magento 2 migration loan.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">How does it work?<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Fill out a short online&nbsp;<a href=\"https:\/\/www.loanbuilder.com\/magento-migration\" target=\"_blank\" rel=\"noreferrer noopener\">questionnaire<\/a>.<\/li>\n\n\n\n<li>Customize the estimated loan terms, adjust the amount, and the duration.<\/li>\n\n\n\n<li>Submit the application<\/li>\n\n\n\n<li>On approval, submit an electronic signature for a contract<\/li>\n\n\n\n<li>You\u2019ll get an email with the document, and bank instructions to receive direct payments in your business account.<\/li>\n\n\n\n<li>The funds will be directly transferred by the lender in one business day<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">So, if you are&nbsp;<a href=\"https:\/\/meetanshi.com\/blog\/select-best-magento-2-migration-agency\/\" target=\"_blank\" rel=\"noreferrer noopener\">hiring a Magento 2 migration agency<\/a>, do not forget to&nbsp;<a href=\"https:\/\/www.loanbuilder.com\/magento-migration\" target=\"_blank\" rel=\"noreferrer noopener\">apply for the Magento 2 migration loan<\/a>&nbsp;first!<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">However, if you are a small business and do not match the criteria of the loan, you can choose Meetanshi\u2019s\u00a0<a href=\"https:\/\/meetanshi.com\/magento-2-migration-service.html\" target=\"_blank\" rel=\"noreferrer noopener\">Magento 1 to Magento 2 Migration service<\/a>\u00a0which is available at feasible rates.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Still on Magento 1? There\u2019s pretty much less time for you now to migrate to Magento 2 before the Magento 1 End of Life, i.e.,&#8230;<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[34],"tags":[],"class_list":["post-1020","post","type-post","status-publish","format-standard","hentry","category-magento"],"acf":[],"_links":{"self":[{"href":"https:\/\/meetanshi.com\/blog\/wp-json\/wp\/v2\/posts\/1020","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/meetanshi.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/meetanshi.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/meetanshi.com\/blog\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/meetanshi.com\/blog\/wp-json\/wp\/v2\/comments?post=1020"}],"version-history":[{"count":3,"href":"https:\/\/meetanshi.com\/blog\/wp-json\/wp\/v2\/posts\/1020\/revisions"}],"predecessor-version":[{"id":12308,"href":"https:\/\/meetanshi.com\/blog\/wp-json\/wp\/v2\/posts\/1020\/revisions\/12308"}],"wp:attachment":[{"href":"https:\/\/meetanshi.com\/blog\/wp-json\/wp\/v2\/media?parent=1020"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/meetanshi.com\/blog\/wp-json\/wp\/v2\/categories?post=1020"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/meetanshi.com\/blog\/wp-json\/wp\/v2\/tags?post=1020"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}