Amazon's invite-only lending program to sellers, which launched in 2011, significantly scaled back during COVID, reducing the total outstanding loan balance to under $400 million at the end of 2020, company filings show.The report, from November, was part of a 12-page internal macroeconomic analysis produced by Amazon's science, economics, and finance teams.It covers a number of topics, including Amazon's view of the broader economy and inflationary pressures on its pricing strategy.More than half of the products sold on Amazon now come from third-party sellers, and Amazon generated over $28 billion, up 18% from last year, in fees from those sellers in its most recent quarter alone.In the UK, for example, Amazon is tightening its underwriting criteria for loans because of a "higher than expected loss rates," the document said."